If There Are No Changes in a Company's Capital Stock

question 42

Multiple Choice

If there are no changes in a company's capital stock during a period,the company may choose to prepare

• A)an income statement instead of a statement of stockholders' equity.
• B)an income statement instead of a statement of retained earnings.
• C)a statement of stockholders' equity instead of a statement of retained earnings.
• D)a statement of cash flows instead of a statement of retained earnings.

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Definitions:

Human Resources

The department within an organization that deals with the management, support, and development of its employees.

Profitability

The degree to which a business or activity yields profit or financial gain.

Market Value

The present cost at which a product or service is available for purchase or sale in the market.

Quality of Work Life

The overall environment at a workplace, including job satisfaction, stress levels, work-life balance, and the safety and health conditions that affect an employee's welfare.