The andrews company currently has the following balances in their equity accounts: common stock $37,081 retained earnings $120,358 suppose next year the andrews company generates $46,300 in net profit, and declares and pays $16,000 in dividends. what will andrews ending balance in retained earnings be next year?

ending retained earnings:  150,658

Explanation:

beginning 120,358

+ 46,300 net profit

- 16,000 dividends

ending retained earnings:  150,658

The income, increase the amount of earning retained

the dividends are earnings that goes to the owners and leave the company, it decreasethe earning accumulated

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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