1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ryzh [129]
3 years ago
13

The financial statement that shows the beginning balance of retained earnings; the changes in retained earnings that resulted fr

om, net income (or net loss); dividends; and the ending balance, is the:_____
a. Balance sheet.
b. Statement of cash flows.
c. Statement of financial position.
d. Income statement.

e. Statement of retained earnings.
Business
1 answer:
azamat3 years ago
8 0

Answer:

e. Statement of retained earnings.

Explanation:

Statement of retained earnings -

It refers to the financial statement , that defines the alterations in the retained earning , for a particular time period , is referred to as the Statement of retained earnings .

The statement mention  the beginning and the ending retained earnings in the given time frame , which helps to calculates the corporate profit .

Hence , from the given information of the question,

The correct option is e. Statement of retained earnings .

You might be interested in
Gammy Corporation provides services with a normal price of $800,000 and a trade discount of $100,000. Terms are 2/10, n/30 and t
kobusy [5.1K]

Answer:

The net service revenue amounts to $686,000

Explanation:

The formula to compute the net service revenue is as:

Net Service Revenue = (Price - Trade discount) - Discount of 2%

where

Price is $800,000

Trade discount is $100,000

And the discount of 2%

Therefore,

NSR = ($800,000 - $100,000) -Discount of 2%

= $700,000 - 2% 0f $700,000

= $700,000 - $14,000

= $686,000

NOTE: The customer paid within 10 days so the customer is allowed for 2% discount on the amount.

6 0
3 years ago
ZipCar locates its cars on many college campuses. Due to the high concentration of Millennials on campuses, it is likely that Zi
Virty [35]

Answer:

(c). responsive and identifiable.

Explanation:

Zipcar targets campuses by locating its cars on many campuses, because they have higher concentration of Millennials and as such, this increases their customer service efficiency.

<u>This suggests that the millennial segment can be</u><u> readily identified and responds well</u><u> to Zipcar's marketing strategy.</u>

3 0
4 years ago
If a country is having more exports than imports in value terms, it can be said that the country is having:-
galina1969 [7]
Surplus under BOP (C).
8 0
3 years ago
Which of the following contributed to the financial crisis of 2008?
yarga [219]

All of the above given options contributed to the financial crisis of 2008.

Option D

<h3><u>Explanation:</u>  </h3>

The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.

2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.

5 0
3 years ago
The financial statements of a company are the primary sources of information that enable us to communicate the financial results
maks197457 [2]

Answer: both internally and externally

                     

Explanation: In simple words, financial statements refers to the group of reports and statements that are prepared by an organisation for communication its financial performance and postilion to its internal and external stakeholders.

It constitutes balance sheet, cash flow statement and income statement etc.

4 0
3 years ago
Other questions:
  • During January 2017, Oriole Company paid a cash dividends of $2240. This transaction reduces stockholders' equity by $2240. incr
    9·1 answer
  • In many states, the minimum amount that stockholders must contribute to the corporation, and which is intended to protect the cr
    5·1 answer
  • On April 1, 2009, in the middle of a recession, the government of the province of Ontario, Canada increased the provincial minim
    12·1 answer
  • Which of the following is a summary of the three key economic questions? Question 17 options: Who will buy which goods and servi
    6·1 answer
  • Depasquale Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.51 direct l
    10·1 answer
  • Patrick is a member of a consumer marketing panel and has been introduced to a company’s new idea for energy drinks. Some of the
    15·1 answer
  • Martha is walking from her office building to her car in a torrential downpour with an umbrella manufactured by Umbrellas USA, I
    7·1 answer
  • Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year and that real GDP per capita
    15·1 answer
  • Suppose that in January there were 5,000,000 workers in the labor​ force, with 4,670,000 employed and 330,000 ​unemployed, imply
    5·1 answer
  • How much would $7,550 due in 50 years be worth today if the discount rate were 7.5%?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!