Which Is the Amount of Retained Earnings That Will Be

question 136

Multiple Choice

Which is the amount of retained earnings that will be reported on the Statement of Stockholders' equity at the end of 2012?

• A) $90,000
• B) $75,000
• C) $70,000
• D) $35,000

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Definitions:

FDIC

The Federal Deposit Insurance Corporation, a United States government agency that insures deposits at banks and savings associations.

Posteffective Period

In securities registration, the period that begins when the SEC declares the registration statement effective and ends when the issuer sells all the securities offered or withdraws them from sale.

Registration Statement

A document submitted to a regulatory body, often containing financial and other significant information, required for publicly offering securities for sale.

Issuer

An entity that develops, registers, and sells securities to finance its operations, which can be corporations, investment trusts, or governmental bodies.