In a Company's Annual Report, the Reader Will Find a Company's

question 137

Essay

In a company's annual report, the reader will find a company's income statement, statement of changes in stockholder's equity, balance sheet, and statement of cash flows. These financial statements can help the reader to answer specific questions. Identify which financial statement would be most useful in answering the following questions. If more than one financial statement can answer the question, please identify all applicable statements.
1) What was the amount of cash dividends paid to the stockholders during the most recent year?
2) What was the total amount of land owned by the company?
3) What was the total amount of cash borrowed by the company during the most recent year?
4) What were the types of claims that the company has against its assets?
5) What was the total amount of cash received by the issuance of common stock?
6) Was the company profitable during the most recent year?
7) How much cash was collected from accounts receivable during the current year?
8) What was the total revenue earned by the company during the most recent year?
9) What was the ending balance of retained earnings?
10) What was the amount of change in the cash balance during the current year?

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Definitions:

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A condition in an economy where supply and demand are in balance across all markets simultaneously.

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The subjective tastes and desires that dictate the choices made by consumers regarding goods and services they wish to purchase.

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The price at which the quantity of goods supplied is equal to the quantity of goods demanded in the market.