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elixir [45]
1 year ago
6

The financial statement that reports the changes in the retained earnings and common stock for a period of time is known as the.

Business
1 answer:
Tamiku [17]1 year ago
8 0

The statement of owner's equity—also called the statement of retained earnings—shows the change in retained earnings between the start and end of a period (e.g., a month or a year). The record reflects a company's solvency and financial position.

<h3>What are the three financial statements?</h3>

The earnings report , record , and statement of money flows are required financial statements. These three statements are informative tools that traders can use to research a company's financial strength and provide a quick picture of a company's financial health and underlying value.

What is the statement of retained earnings ?

Reports the way that net and the distribution of dividends affected the financial position of the company during the accounting period. the sum of the share of net income which is not paid to the shareholder as dividend. the aim of the retained earnings is reinvestment

Learn more about financial statement:

brainly.com/question/26240841

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Which coverage is not included in a typical renter’s insurance policy?
Vesnalui [34]
B additional living expenses because it’s additional
5 0
3 years ago
The purpose of reporting Current Maturities of Long-Term debt is to: a. report any portion of a long-term borrowing that is to b
Ket [755]

Answer:

Correct option is (d)

Explanation:

Current liabilities are part of obligations of the organization that it needs to meet within one year. Current maturities of long term debt represents that part of long term debt such a bonds or loans that need to be paid of in the current financial year.

It is shown as a separate item in the balance sheet as it is paid off using highly liquid asset such as cash.

5 0
3 years ago
b. Choose three of the following aspects from the scenario, and provide a detailed discussion of their effect on the design thin
liubo4ka [24]

This process which involves design thinking is important because it helps someone to effectively empathize and also to solve problems.

<h3>What is Design Thinking Process?</h3>

This refers to the different processes of trying to logically and empathetically understand problems and people and give solutions.

With this in mind, we can see that this design thinking has five stages which includes:

  • Empathize,
  • Define,
  • Ideate,
  • Prototype
  • Test

Please note that your question is incomplete so I gave you a general overview so that you can get a better understanding of the concept.

Read more about design thinking process here:
brainly.com/question/24596247

3 0
2 years ago
Three cards are drawn from a deck without replacement. Find these probabilities. a. All are jacks. b. All are clubs. c. All are
AVprozaik [17]

There are 4 jacks in the deck.

13 are clubs and 26 are all red cards.

The computation for the following problems are shown below:

a.       All are jacks

Computation: 4/52 * 3/51 * 2/50 = 1/5525

b.      All are clubs

Computation: 13/52 * 12/51 * 11/50 = 11/850

c.       All are red card

Computation: 26/52 * 25/51 * 24/50 = 2/17

6 0
4 years ago
The Sapote Corporation is a manufacturing corporation. The corporation has accumulated earnings of $450,000 and the corporation
Eduardwww [97]

Answer: $40,000

Explanation:

As this is a manufacturing company, they are exempt of Accumulated earnings tax of the amount of $250,000. Anything above that will be subject to an Accumulated Earnings tax rate of 20%.

Accumulated Earnings tax = 20% * (450,000 - 250,000)

Accumulated Earnings tax = 20% * 200,000

Accumulated Earnings tax = $40,000

3 0
4 years ago
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