Retained earnings at the end of the period is equal to:
retained earnings at the beginning of the period plus net income minus liabilities.
retained earnings at the beginning of the period plus net income minus dividends.
net income.
assets plus liabilities.

retained earnings at the beginning of the period plus net income minus dividends.

Explanation:

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid

While calculating the ending balance, we added the net income and deduct the cash dividend paid to the beginning balance of retained earning account so that the ending retained earnings balance could come

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

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