The statement of stockholders' equity
a. is one of the required financial statements for the annual report, when changes have occurred in the stockholders' equity accounts.
b. shows the changes in retained earnings for the period, which includes the increase or decrease as a result of net income or loss for the period, and dividends for the period.
c. includes accounts, such as the retained earnings and common stock accounts, but not changes to the retained earnings account, since those items are reported on the statement of retained earnings.
d. is used only if a corporation frequently issues common stock.
a
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______ corporate social responsibility focuses on profitability and helping society through philanthropy.
A. Unethical B. Malevolent C. Benevolent D. Stress
Which of the following statement is False?
a. Minimal amounts of inventory are carried under the pull system. b. The pull system is a more environmentally sustainable business model than the push system. c. There is more inventory carried under the push system than the pull system. d. Current sales demand and current production are poorly correlated in the pull system.
A private citizen may bring a criminal action against an individual for breaking a criminal law
Indicate whether the statement is true or false
Crater Lake Diagnostics Inc is considering the purchase of a new piece of equipment that has an initial investment of $75,000, has annual expenses associated with its operation of $10,000 per year and has a six year life
What is the equivalent annual cost of this investment if the firms considers the appropriate discount rate to be 11%? A) $17,728 B) $19,551 C) $22,500 D) $27,728