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tensa zangetsu [6.8K]
1 year ago
6

What are the purposes of (d) the statement of stockholders' equity?

Business
1 answer:
Paha777 [63]1 year ago
7 0

The purpose of the statement of stockholder’s equity is to show changes in value of stockholders' equity.

The statement of stockholders' equity refers to the financial reports that form part of the balance sheet of a firm. It contains essential information about the trends in its shares and equities.

This allows stakeholders and investors to understand how stockholders' valuation of the firm has changed through the years, and how much the firm has promoted the interests of stockholders.

If the business has afforded high returns to investors, the stockholders' equity statement shows increase in value. If there is a decrease, it means shareholders are losing their investments and the firm has to recalibrate its business strategy.

To learn more about stockholders' equity : brainly.com/question/13278063

#SPJ4

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A written message in business or diplomacy.

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3 years ago
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Leona [35]

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No journal entries required

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3 years ago
Jasper makes a $86,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be: Multiple Choice
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