Answer:
The correct answer to the following question is the last option - the shares of ownership in a company that may pay dividends .
Explanation:
Stocks which are also popularly know as shares or equity, can be defined as one of the types of securities which signifies the proportion of ownership in the issuing company . If a person ( who is know as the shareholder or stockholder ) holds a company's shares , then that person is entitled to the proportion of company's assets and earnings ( the proportion would depend upon the number of shares he or she is holding ) . If a company earns profit, then that shareholder would receive some portion of that earning in form of dividends .
Number 4 is the correct answer
Answer:
True Tuesdays meeting has been cancelled all thats needed
Answer:
<u>Cullumber Co.</u>
<u>Comprehensive income statement for the month ended January 2022.</u>
$
Sales revenue 400,000
Less Sales returns and allowances (17,000)
Net Sales 383,100
Less Cost of goods sold (201,500)
Gross Profit 181,500
Less Expenses
Rent expense 33,900
Sales discounts 10,000
Freight-out 6,300
Insurance expense 13,400
Salaries and wages expense 61,200
Income tax expense 5,300 (130,100)
Profit for the Year 51,400
Other comprehensive income 2,000
Total Comprehensive income 53,400
Explanation:
The Comprehensive income statement for the month ended January 2022 has been prepared above.
