Waterway Industries began the year with retained earnings of $316000. During the year, the company issued $421000 of common stoc
k, recorded expenses of $1204000, and paid dividends of $82100. If Waterway ending retained earnings was $336000, what was the company’s revenue for the year?
The correct answer to the following question is Pro forma financial statements.
Explanation:
A subsequent event can be defined as an event which takes place after the reporting period, but before the financial statements of a company are issued. And depending on what kind of event they are like additional information or new events, it will be decided whether these events should be disclosed in a company's financial statement or not.
If it is decided that the subsequent event should be disclosed in the company's financial statement then a pro forma financial statement would be made, in which nature and financial effect of the subsequent event should be disclosed.
If a research topic is amendable to a scientific study, you are able to make appropriate and necessary changes to a topic to make sure the resaerch you are finding follows the topic and is giving you useful information. When you amend a research topic you are just adjusting it to fit your updated wants and needs.
<span>The opportunity cost per week to attend class is forty four dollars. Ten dollars per hour while you are attending class. If you were not attending class, you could be working. Ten dollars for the drive to school and four dollars for the gas.</span>
