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Burka [1]
3 years ago
15

Stockholders' equity of Eden Industries totals $63,000 in combined common stock and retained earnings. Assuming common stock and

retained earnings of Eden are equal, how should Eden reflect this on its classified balance sheet?
Business
1 answer:
TiliK225 [7]3 years ago
6 0

Answer:

Under classified balance sheet, common stock and retained earnings are reported separately

Explanation:

Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.

The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.

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OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

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3 years ago
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3 years ago
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A fixed amount of pay for working a week or a month is a(n) ___ .
laila [671]

Answer: it is called a salary

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5 0
3 years ago
Read 2 more answers
The one-year forward rate of the British pound is quoted at $1.60, and the spot rate of the British pound is quoted at $1.63. Is
mihalych1998 [28]

Answer:

discount; 1.8%

Explanation:

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forward rate= -1.8 percent.

Therefore The forward DISCOUNT is 1.8 percent.

7 0
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