Which of the Following Is a Specific Disclosure Required in the Statement

question 13

Multiple Choice

Which of the following is a specific disclosure required in the statement of changes in owners' equity according to para 58 of FAS 1?

• A) net income loss. for the period
• B) transfers to legal and discretionary reserves during the period
• C) capital contribution by owners during the period
• D) distribution to owners during the period

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Definitions:

Geometric Average Returns

A method of calculating the average rate of return of an investment which accounts for the compound interest over time, often used to compare investment performance.

Dividend Yield

A financial metric that compares a company's annual dividend payments to its stock price.

Shares

Units of ownership interest in a corporation or financial asset, providing a portion of the ownership to the shareholder.

Geometric Average

The average rate of return for a set of values calculated by multiplying them together and then taking the nth root (where n is the total number of values).