Maurice Tutor

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About Maurice Tutor

Levels Tought:
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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 4.00

Oar Corporation

The following information was abstracted from the accounts of the Oar Corporation at December 31, 2007:

Total income since incorporation

$840,000

Total cash dividends paid

260,000

Proceeds from sale of donated stock

90,000

Total value of stock dividends distributed

60,000

Excess of proceeds over cost of treasury stock sold

140,000

What should be the current balance of retained earnings?

a. $520,000

b. $580,000

c. $610,000

d. $670,000

Answers

(5)
Status NEW Posted 24 Sep 2017 11:09 PM My Price 4.00

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