Which of the Following Would NOT Be an Entry in a Company's

question 4

Multiple Choice

Which of the following would NOT be an entry in a company's statement of changes in equity?

• A) Profit for the year.
• B) Interest expense for the year.
• C) Dividends paid.
• D) Share issue.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its short-term assets.

Earnings Per Share

A company's profit divided by the outstanding shares of its common stock, indicating the company's profitability.

Year 2

Typically refers to the second year of a specific time frame or series, such as a company's second fiscal year.

Return On Investment

A metric utilized to assess an investment's efficiency or profit in comparison to its expenditure.