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matrenka [14]
3 years ago
13

Which of the following statements about the statement of retained earnings and the statement of stockholders' equity are true? A

statement of retained earnings shows how net income increased and dividends decreased the retained earnings balance during the period. Both statements show the increase in Retained Earnings that occurs when dividends are declared Public companies report a more comprehensive version of the statement of retained earnings called the statement of stockholders' equity to show the causes of changes in all stockholders' equity accounts. The statement of stockholders' equity has a column for each stockholders' equity account and shows the increases and decreases in each account balance during the period.
Business
1 answer:
levacccp [35]3 years ago
3 0

Answer: A statement of retained earnings shows how net income increased and dividends decreased the retained earnings balance during the period

Explanation:

A Statement of Retained Earnings which is also known as a Statement of Equity is a financial statement that reconciles the beginning and ending Retained Earnings balance

It uses information such as net income and dividends paid out.

When net income comes in, Retained Earnings increases. When Dividends are paid out, it reduces the balance because it represents cash outflow.

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Gilbert is an independent consultant who helps organizations select the right accounting software for their needs. After evaluat
tester [92]

Answer:

The principle of the Software Engineering Code of Ethics that Gilbert violated is:

Judgement (as related to full disclosure of personal involvement).

Explanation:

Gilbert is required by the Judgement Principle to "disclose those conflicts of interest that cannot reasonably be avoided or escaped."  Since Gilbert professionally believes that the software meets specifications, secures documents, and satisfies user requirements, it is not quite apparent if he violated any principle.  However, he could have informed his client of his personal interest in the software and also presented other software packages of other companies from which the client could make its independent choice.

8 0
3 years ago
Foreign exchange​ ________ earn a profit by a bidminusask spread on currencies they purchase and sell. Foreign exchange​ _______
Ronch [10]

Answer:

Dealers ; Brokers

Explanation:

Foreign exchange dealers make money or profit by buying stock at lower price and selling the same at a higher price. They do this by adding a markup on the price of stock bought by them and sell the same to a buyer. The markup serves as profit to dealers.

Foreign exchange brokers act as intermediary between buyers and sellers as traders could execute trades through a brokers only. A broker earns profit in the form of commissions and fees earned on executing each transaction.

7 0
3 years ago
if, after reflecting on the nature of leadership you decide that all leaders must treat their followers with respect, then you h
Virty [35]

Answer:

Behavioral

Explanation:

7 0
3 years ago
Today's consumers do not need to rely on marketer-supplied information about products and services because they can use ________
MariettaO [177]

Answer:

The answer to the question would be C

Explanation:

Without a doubt, the economic crisis has changed the way consumers approach the market for goods and services. In this new era, austerity, discounts and the search in different channels of the best price / benefit ratio dominate.

Of course, technology and the Internet are the best allies of the consumer who wants to be informed: thanks to smartphones, bar scanners, social networks or websites that compare prices or offer discounts, we are the buyers with more prior information on what we want or need to acquire.

4 0
4 years ago
national savings is equal to the sum of private savings and public savings. to make our notation a bit easier, we will call nati
slamgirl [31]

Here, public savings = $1.05 billion and private savings = $3.15 billion

It is calculated as follows:

Total savings, S = $4.20 billion

We know: S = V+U

It means National Savings = Private savings + Public savings

Here:

V = private savings , U = public savings and

Private saving, V = 0.75 × S

 = 0.75 × $4.20 billion

 = $3.15 billion

And, the public savings will be = National savings - private savings

= $4.20 billion - $3.15 billion

= $1.05 billion

To know more about savings here:

brainly.com/question/10749354

#SPJ4

3 0
2 years ago
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