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Which of the following is not a required financial statement, although it is often presented? a. None of these b. Statement of Cash Flows Statement
Which of the following is not a required financial statement, although it is often presented? a. None of these b. Statement of Cash Flows Statement of Stockholders' Equity d. Balance Sheet Next Previous Using the data needed, determine ending retained earnings. Beginning Retained Earnings $150,000 Dividends Paid $40,000 Net Loss ($10,000) Total Assets $400,000 Current Liabilities $45,000 a. None of these Ob. $100,000 c. $55,000 d. $555.000 Next Previous Use the following to compute the current ratio. Common Stock Gurrent Assets Current Liabilities Intangible Assets Investments Long-term Liabilities Other Assets Property, Plant & Equipment Retained Earnings $300,000 $100,000 $50,000 $120,000 $200,000 $250,000 $80,000 $300.000 $200 000 a 2.25 b. 3.4 c. None of these d. 2.0 Next Previous
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