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1 year ago

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

1 answer:

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

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A perfectly elastic demand curve implies that the firm: A) must lower price to sell more output. B) can sell as much output as i

dsp73

Answer:

A perfectly elastic demand curve means that the firm can sell as much output as it chooses at the current price.

Explanation:

The perfectly elastic demand implies that the demand curve is horizontal line parallel to the X axis. The price is fixed at a point and the firm can sell any amount of output at this point. The demand is infinite at the given price level. If the firm makes any changes in this price level, the demand will become zero.

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2 years ago

Tweedie Company issues 11,500 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2014. The stock has a fair value

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Answer:

The journal entries are as follows:

(a) (i) on January 1, 2014

Unearned compensation A/c Dr. $5,75,000

To Common stock (11,500 × 10) $115,000

To Paid-in Capital in Excess of Par - Common Stock $4,60,000

(ii) On December 31, 2015

compensation expenses A/c(575,000 × 1/5) Dr. $1,15,000

To Unearned compensation $1,15,000

(To record the restricted stock)

(b) On July 25, 2018,

common stock A/c Dr. $1,15,000

Paid-in Capital in Excess of Par - Common Stock A/c Dr. $4,60,000

To compensation expenses $4,60,000

To unearned compensation $1,15,000

(To record the forfeiture)

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3 years ago

Scenario: Money Creation The reserve requirement is 20%. Leroy receives $1,000 as a graduation present and deposits the money in

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Your answer to this question is increased by $1000

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2 years ago

The Bureau of Economic Analysis reported that, in real terms, overall consumer spending increased by $35.4 billion during Octobe

nikdorinn [45]

Answer:

A.$73.75 billions

B. $50 billion

C. 0.18%

Explanation:

a. The real GDP change in response by

(1/(1 −MPC) ×$35.4 billion = (1/(1 −0.52) ×$35.4 billion =$73.75 billion.

b. If in addition to the consumer spending change in part a, unplanned inventory invest-ment decreases by $50 billion, the resulting change in real GDP is

$73.75 billion - $50 billion = $23.75 billion.

c.The percent increase in GDP is

($23.75 billion/$13,139.5 billion) ×100

=0.18%

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3 years ago

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Beans Coffee & Cocoa Company makes and sells a chocolate-flavored coffee drink under the name "CoCoCafe." Darkroast Java, In

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Answer:

Option C

Explanation:

Trademark infringement refers to the violation of the exclusive privileges assigned to a trademark without including the permission of the trademark owner and any licensee Violation that arise when one person, the "infringer," uses a trademark that is equivalent or ambiguously related to a trademark used by some other group in connection to goods or services that are equivalent or identical to the goods or services.

Where the corresponding marks and products are wholly different, violation of the trademark could still be identified if the recorded label is well recognized under the Paris Agreement. In the U.s a cause of litigation is termed trademark dilution with the use of a label for such significantly different facilities.

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3 years ago