Which of the Following Items Would Normally Not Be Seen

question 11

Multiple Choice

Which of the following items would normally not be seen in a statement of changes in shareholders' equity?

• A) Land
• B) Net comprehensive income or loss
• C) Dividends
• D) New issues of common stock

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Definitions:

Present Value

The value at present of future cash earnings or accumulations of money, determined by applying a pre-specified rate of financial return.

Current Liability

A company's debts or obligations that are due within one year.

Goods

Physical items that are produced, bought, or sold by businesses in the course of their operations.

Services

Intangible products offered to consumers, such as repairs, entertainment, and advice, that provide value without producing a physical product.