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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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If you were a politician, why would you find it difficult to remove a binding price ceiling? because it greatly benefits firms,
WITCHER [35]

Answer:

The correct answer is: because it benefits some consumers who are voters.

Explanation:

A politician will be concerned about his votes. He accordingly will make policies to appease voters.

A price ceiling keeps price level from rising beyond a certain limit, thus consumers will be able to consume at lower prices.

Removal of price ceiling may hurt these consumers as they will need to pay higher prices.

These consumers are also voters and politician do not want them to be favored by them.

So, the politician will find it difficult to remove a binding price ceiling.

7 0
3 years ago
What are the two characteristics of a product or service that define quality?
Nata [24]

Answer: Design quality and process quality

Explanation: A product or service is performed through a set of actions, which define whether it is good or bad (quality). Therefore, it can be said that the quality of the product or service, comes from the ability of the organization to respond to the needs and expectations of customers satisfactorily. Designing the quality of the products is the route that the seller follows to satisfy all the needs of the client and the process used for this, which must be thorough to meet the expectations of the customers.

7 0
3 years ago
Which living expense needs to be included in the budget of someone renting an apartment?.
scoundrel [369]

Answer:

insurance

Explanation:

a living expense that should be included in the budget when someone is going to rent an apartment should be the insurance

hope this helps

6 0
2 years ago
In the Keynesian model, when government decreases its spending by $20 billion, and it decreases taxes by $30 billion, and the MP
lys-0071 [83]

Answer:

D) Total spending will increase by $10 billion.

Explanation:

The computation is shown below:

As we know that

Multiplier = 1 ÷ 1 -MPC

= 1 ÷  1 - 0.75

= 1 ÷ 0.25

= 4

When there is a decrease in tax so the total spending increase is $30 billion

And, the reduction in spending because of the reduction in the government expenditure is $20 billion

So, the increase in total spending is

= $30 billion - $20  billion

= $10 billions

hence, the correct option is D.

8 0
3 years ago
Quick question please help
SVETLANKA909090 [29]
Pretty sure your bank will just keep charging interest. but every bank is different. You should call them up and ask how they do things.
7 0
4 years ago
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