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Identify the financial statement (Balance Sheet, Income Statement, Statement of Retained Earnings, and/or Statement of Cash Flow) in which decision makers can find the following
Identify the financial statement (Balance Sheet, Income Statement, Statement of Retained Earnings, and/or Statement of Cash Flow) in which decision makers can find the following information. Hint: In some cases, more than one statement will report the needed data.
- Common shares
- Income tax payable
- Dividends
- Income tax expense
- Ending balance of retained earnings
- Revenue
- Cash spent to acquire equipment
- Selling, general and administrative expenses
- Adjustments to reconcile net income to net cash provided by operations
- Ending cash balance
- Current liabilities
- Net income
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