AT&T had retained earnings of $10,000 on the balance sheet but disclosed in the footnotes that $2,000 of retained earnings was restricted for plant expansion and $1,000 was restricted for bond repayments. Cash of $2,000 had been set aside for the plant expansion. How much of retained earnings is available for dividends?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “AT&T had retained earnings of $10,000 on the balance sheet but disclosed in the footnotes that $2,000 of retained earnings was restricted ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A U. S. firm has borrowed £50 million from a British firm. The borrower will need to convert dollars to pounds to repay the loan when it is due. The U. S. firm could hedge the exchange rate risk by A. buying pounds forward. B. selling pounds forward.
Answers (1)
If the owner of a jewelry store who normally purchased diamonds from a diamond brokerage firm were to open his own diamond brokerage firm, this would be an example of forward vertical integration. T/F
Answers (1)
The three C's used in the subjective approach to determining a credit score are capacity, character, and collateral. Which of these is an estimate of a person's ability to pay off debts based on how much cash and assets he or she has? A. Capacity B.
Answers (1)
What is the purpose of annotating mail?
Answers (1)
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $14 , a second lawn for $17 , and a third lawn for $25. Also suppose that three neighbors are interested in having their lawns mowed. Mrs.
Answers (1)
New Questions in Business
te Computer Solutions provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 300 customers and earned $ 70 comma 000 in revenue.
Answers (1)
In which of the following situations is the taxpayer not required to file a 2019 income tax return? a. When the taxpayer is a 69-year-old widow (spouse died 3 years ago) with wages of $16,500 and no dependents. b.
Answers (1)
Skysong Company purchased an electric wax melter on April 30, 2020, by trading in its old gas model and paying the balance in cash. The following data relate to the purchase.
Answers (1)
Which of the following perspectives is least useful for evaluating solutions?
Answers (2)
Oh no! someone stole your credit card and charged $2,500 worth of purchases before you even knew the card was missing. how much of the unauthorized charges can you be required to pay?
Answers (1)