Microsoft Corp. reported the following in its annual report to the Securities and Exchange Commission for fiscal
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a. Common stock dividends ............ $1,729
b. General and administrative expense ........ 4,997
c. Sales and marketing expenses......... 8,309
d. Common stock issues ............ 2,748
e. Common stock repurchases ........... 3,383
f. Sales revenue ................ 36,835
g. Research and development expenditures ..... 7,779
h. Income taxes ................ 4,028
i. Addition to property and equipment ....... 1,109
j. Accounts receivable .............. 5,890
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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