All categories

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

Learn more about financial statement:

brainly.com/question/26240841

#SPJ4

You might be interested in

Delta Diamonds had 5 one-carat diamonds available for sale this year: 1 purchased June 1 for $500, 2 purchased July 9 for $550 e

NISA [10]

Using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

<h3>What is the specific identification method?</h3>

The specific identification method is an inventory method that identifies specific inventories sold and uses their specific costs in valuing the cost of goods sold.

<h3>Data and Calculations:</h3>

Date Units Unit Cost Total Balance

June 1 1 $500 $500 $500

July 9 2 $550 $1,100 $1,600

Sept. 23 2 $600 $1,200 $2,800

Dec. 24 -1 $550 $550 $2,250

Thus, using a periodic specific identification, Delta Diamonds' Inventory after the December 24 sale is <u>$2,250</u>.

Learn more about specific identification methods at brainly.com/question/25056275

4 0

2 years ago

Each of the following statements describes how the political and legal environment encourages productivity EXCEPT: A. Well-defin

natita [175]

Answer:

C. Price changes in markets provide suppliers incentives to supply goods to markets.

Explanation:

Price changes in the market has two perspective,

increase in price, will increase the productivity for retailers,
decrease in price, will decrease the productivity for retailers.

With increase the retailers expect to earn more, and with decrease the retailers expect to earn less.

This is a normal market condition and scenario, this does not link to any kind of political or legal environment, although the change in price might be due to political or legal policies, but the increase or decrease in productivity, is not related to any political or legal influence.

6 0

3 years ago

A negative in the pigmalion effect theory

Svetach [21]

Explanation:

Negative implications of the Pygmalion Effect: Unjustified expectations end up becoming real. ... Secondary teachers have lower expectations to colored students and students from poor and disadvantaged backgrounds.

3 0

3 years ago

We have the following data for a hypothetical open economy: GNP = $10 comma 00010,000 Consumption (C) = $8 comma 2008,200 I

jok3333 [9.3K]

Answer:

Current account balance. = -$600

Explanation:

Given:

GNP = $10,000

Consumption (C) = $8,200

Investment (I) = $1,200

Government Purchases (G) = $1,200

Find:

Current account balance.

Computation:

GNP = Consumption (C) + Investment (I) + Government Purchases (G) + Current account balance.

$10,000 = $8,200 + $1,200 + $1,200 + Current account balance.

Current account balance. = $10,000 - $10,600

Current account balance. = -$600

7 0

3 years ago

It is likely that John chooses this oil company because of their ___ services

Shtirlitz [24]

it is likely that John chooses this oil company because of their good services

4 0

2 years ago

Read 2 more answers