Hewitt c orporation's retained earnings account balance was $90,000 on january 1. during january, the company recorded revenue of $500,000, expenses of $260,000, and dividends of $15,000. the company also paid a $35,000 account payable during the period. determine the company's retained earnings account balance on january 31.

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:

Business applications of information systems are typically combinations of several types of information systems. this integration is referred to as systems. information reporting decision support cross-functional informational end user computing