Explanation

Retained earnings are a type of equity and are therefore reported in the shareholders' equity section of the balance sheet.

Explanation

Explanation

Contribution margin is revenue remaining after deducting variable costs and may be expressed as unit contribution margin.

It measures how much revenue is available to cover fixed costs and generate profit after variable costs have been covered.

Explanation

The accrual basis of accounting records revenues when they are earned.

 In other words, under the accrual basis of accounting, the receipt of cash and the payment of cash are not the focus of reporting revenues and expenses.

Explanation

In capital budgeting, term of bond which has great sensitivity to interest rates is long-term bonds. Bond with a maturity period of more than 15 years. Long bonds pay higher interest rates but have greater credit and inflation risk. Also called long bond.

Explanation

Entrepreneurs are individuals who:

• Start and run their own businesses
• Take financia risks in the hope of making a profit
• Innovate by creating new products, services, or ways of doing things
• Often solve problems and bring new ideas to life

Explanation

Explanation

Explanation

Explanation

The real interest rate is the nominal interest rate adjusted for inflation.

It reflects the actual purchasing power of the interest earned or paid.