Multiple Choice
When Betty Tran prepared a personal income statement, she subtracted her expenses from her income. What is the remainder or residual value called?
A) total assets
B) total revenues
C) retained earnings
D) cash surplus
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q71: Jennifer is hired by Ruby Tuesday to
Q72: On an income statement, revenue less cost
Q73: If Reebok wanted to know how quickly
Q74: If assets of Martin's Pet Store are
Q75: Chase starts a new auto detailing business.
Q77: Which of the following describes assets that
Q78: Which of the following is the profitability
Q79: Which of the following is a summary
Q80: Raymond works for a manufacturing company in
Q81: Shivam's new company has about $800,000, but