Answer:
E. Reports how equity changes over a period of time.
Explanation:
Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.
And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.
There is no statement prepared to show any change in owner's equity at a point.
Statement reporting cash flows is called cash flow statement.
Therefore, correct option is:
Statement E
Answer:
7%
Explanation:
It would grow by 7% each year which is the rate of return on stocks
Answer:
manufacturing organization
Explanation:
This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.
Answer:
c.
Explanation:
Based on the information provided within the question it can be said that the best kind of question to ask would be a fixed-alternative question. This is a question in which a question is given and the individual who is answering the question is also given a set of responses which they have to choose the correct one of the various options. Which in this case would be something along the lines of,
Do you believe in aliens?
a. yes
b. no
Answer:
Option (D) 16.57%
Explanation:
Data provided in the question:
Realized gain
r₁ = 20%
r₂ = 20%
r₃ = 10%
Now,
Geometric average = ![[(1+r_1)\times(1+r_2)\times...\times(1+r_n)]^{\frac{1}{n}}](https://tex.z-dn.net/?f=%5B%281%2Br_1%29%5Ctimes%281%2Br_2%29%5Ctimes...%5Ctimes%281%2Br_n%29%5D%5E%7B%5Cfrac%7B1%7D%7Bn%7D%7D)
- 1
here,
n = 3
therefore,
Geometric average = ![[(1+0.20)\times(1+0.20)\times(1+0.10)]^{\frac{1}{3}}](https://tex.z-dn.net/?f=%5B%281%2B0.20%29%5Ctimes%281%2B0.20%29%5Ctimes%281%2B0.10%29%5D%5E%7B%5Cfrac%7B1%7D%7B3%7D%7D)
- 1
or
Geometric average = ![[1.584]^{\frac{1}{3}}](https://tex.z-dn.net/?f=%5B1.584%5D%5E%7B%5Cfrac%7B1%7D%7B3%7D%7D)
- 1
or
Geometric average = 1.1657 - 1
or
Geometric average = 0.1657
= 0.1657 × 100%
= 16.57%
