. Financial statements of a corporation can be typically found in The proxy stat
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Question
. Financial statements of a corporation can be typically found in The proxy statement.The articles of incoporation.The annual report.The 2. A balance sheet shows The market value of company's stock. The financial position of the company. The performance of the company over a period of time.Specific information about the compensation of senior management . A financial analyst would typically Prepare financial statements for previous years.Use past financial statements to forecast future financial statements and estimate the value of the companv 4. Which of the assets below is typically the most liquid? Inventories Land Accounts Receivable 5. Which of the activities below is the most likely to result in a series of depreciation expenses over time? Electricity used to power machines.Wages paid to works. Steel used in production of an automobile. Acquisition of an office computer 6. Assume a company acquires a new building for the price of S15 million. Using straight line depreciation, and setting the useful life of the building to 30 years, the annual depreciation expense associated with the building will be equal to $500,000 ,500,000.S3,000,000.S15,000,000 7. Notes payable include long-term loans that are due to be paid back within one year True False 8. Accounts payable represents money that is owed to the company by its customers True FalseExplanation / Answer
1. OPtion number 3 is correct.
2.The financial position of the company.
3.use past financial statements to forecast future financial statements and estimate the value of the firm
4.Accounts receivable.
5.Acquisition of an office computer.
6.500000
7.false
8.false
9.common stock and retained earnings
10.1650000
11.it would result in a lower taxable burden over time.
12.current assets - current liabilities
13.true.
14.when their company is making lots of profit .
15.true
16.false
17.the perfomance of the company over a period of time.
18.Interest expenses.
19.true.
20true.
21.net income available to the common shareholders divided by the the number of common shares.
22.common stock and paid in surplus retained earnings with the result divided by the number of shares in common stock.
23.false
24.false
25option number 3
26.true
27.option number 4
28.true
29.option number 2
30.option number 3
31.true
32.option number 2
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