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Only 1 easy multiple choice question. 4) The statement of stockholders equity: a. Is a required financial statement. b. May be issued as a substitute
Only 1 easy multiple choice question.
4) The statement of stockholders equity:
a. Is a required financial statement.
b. May be issued as a substitute for the statement of retained earnings.
c. Shows the changes during the year in all stockholders' equity accounts except retained earnings.
d. Is a statement sent to each stockholder showing that person's return on equity.
This is my 3rd time asking this question and I have received 3 different answers, c, b and d. I need to know which answer is the right one and why. Please don't say A, haha.
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