Future value<span> is the </span>value<span> of an asset at a specific date. It measures the nominal</span>future<span> sum of </span>money<span> that a given sum of </span>money<span> is "worth" at a specified time in the</span>future<span> assuming a certain interest rate, or more generally, rate of return; it is the present </span>value<span> multiplied by the accumulation function.</span>
Answer:
Under classified balance sheet, common stock and retained earnings are reported separately
Explanation:
Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.
The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.
<h2>Spelling, punctuation, grammar, dealing with dates, logical flow of the content, maintaining the style throughout, etc. </h2>
Explanation:
Spelling:
The most important challenge that it has be considered seriously while proof reading. Misspelling of words may sometimes lead to false understanding of a sentence. If spellings are wrong it implies that the contents are not worthy.
Punctuation:
- Necessary to get proper meaning
- Makes document reader-friendly
Grammar:
- This is an highlight of the content
- Mandatory to follow good grammar
Logical flow:
- To understand the meaning
- To connect and understand the writer's point of view clearly
