The four basic financial statements include the balance sheet, income statement, statement of retained earnings, and statement of cash flows.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Dividends to preferred stockholders are deducted from net income when calculating the return on common stockholders' equity ratio because
a. dividends are not an expense on the income statement. b. the ratio is an indicator of the return on "common" stockholders' equity, not the return on preferred stock. c. dividends are only available for distribution to common stockholders. d. conservatism indicates that shareholders prefer a smaller numerator.
The system to process a direct marketing order is referred to as _____
a. outsourcing b. logistics c. inventory management d. order fulfillment
Gathering personal information from social networking sites, such as Twitter, can be considered willful intrusion of privacy.
Answer the following statement true (T) or false (F)
When a government employee speaks out about his agency, but not as part of his or
her duties, the expression: a. is not protected by the First Amendment b. is not protected by the First Amendment unless the employee is a recognized expert in the subject c. is protected by the First Amendment in all circumstances d. is protected by the First Amendment if the speech rises to the level of a public concern