Define the Following Terms

question 40

Short Answer

Define the following terms
-qualitative interview

---

Definitions:

Stockholders' Equity

The remaining value of a corporation's assets after all liabilities have been subtracted, signifying the shareholders' ownership stake.

Comprehensive Income

All changes in stockholders’ equity during a period, except those resulting from dividends and stockholders’ investments.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income or loss over a specified period.

Stockholders' Equity

The corporation's residual interest in the assets of the company after deducting liabilities.