Retained earnings, December 31, 2019 $210,300 Decrease in total liabilities during 2019 45,800
Gain on the sale of buildings during 2019 16,100
Dividends declared and paid in 2019 4,500
Proceeds from sale of common stock in 2019 49,400
Net income for the year ended December 31, 2019 22,600

Required:
From the above data, calculate the retained earnings balance as of December 31, 2015.

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.