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An investment is said to be liquid if the investment: Select one: a

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An investment is said to be liquid if the investment:
Select one:
a. is traded on a stock exchange.
b. can easily be converted into cash.
c. has a large bid-ask spread.
d. has large day to day fluctuations in price.

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A firm's year-end retained earnings balances are $670,000 and $560,000, for 2014 and 2015 respectively. The firm paid $10,000 in dividends in 2015. The firm's net profit after taxes in 2015 was ______.
Select one:
a. $110,000
b. $100,000
c. -$110,000
d. -$100,000