which of the following statements reguarding balance sheets is not correct course hero

by Ludie Herman Sr. 8 min read

Which statement on the balance sheet reports assets liabilities and expenses?

A balance sheet reports assets, liabilities, revenues, and expenses. D. The statement of cash flows shows cash inflows and outflows from operating, financing, and investing activities.

Why are some assets not included on the balance sheet?

The value of some assets listed on the balance sheets are estimates, not the true financial value. Some assets, such as the loyalty of the business's workers, are not included on the balance sheet. Assets are recorded at their historical cost, not their current market value. Which of the following is NOT a current asset?

What does the balance sheet Report on the left hand side?

B) The balance sheet lists the firm's assets and liabilities. C) The balance sheet reports stockholders' equity on the right hand side. D) The balance sheet reports liabilities on the left hand side. A) an impairment charge. 6) Dustin's Donuts experienced a decrease in the value of the trademark of a company it acquired

What are the financial statements most frequently provided?

QUESTION The financial statements most frequently provided are (1) the balance sheet, (2) the income statement, (3) the statement of cash flows, and (4) the statement of owners' or stockholders' equity. 2 answers QUESTION You would use consolidation investment for what type of accounting? 2 answers

What is return on equity?

Return on equity is equal to net income (after preferred stock dividends but before common stock dividends) divided by total shareholder equity (excluding preferred shares). Stock prices are most strongly determined by earnings per share (EPS) as opposed to return on equity. A company has a net income of $2,000,000.

What is ROE in accounting?

ROE is sometimes called "return on net worth". To get to the basic ROE formula, the numerator is net income, which is the bottom-line profits reported on a firm's income statement. Free cash flow (FCF) is another form of profitability and can be used in lieu of net income.

Why is Company A downgraded?

Company A's stock is downgraded, because analysts believe the merger signals A is financially weak. Nothing happens because analysts picked up on signals prior to the announcement that the merger would occur. You Answered Company A's stock is upgraded because analysts believe the merger will increase its marketshare.

Is the value of assets listed on the balance sheet true?

The value of some assets listed on the balance sheets are estimates, not the true financial value. Some assets, such as the loyalty of the business's workers, are not included on the balance sheet. Assets are recorded at their historical cost, not their current market value.