Which accounts is not reported on the statement of changes

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Reference no: EM132953391

Problem 1: Which of the following accounts is not reported on the Statement of Changes in Shareholders' Equity?

A) Accumulated Other Comprehensive Income
B) Retained Earnings
C) Goodwill
D) Share Capital

Problem 2: Cross-sectional analysis involves examining a company's financial data

A) across account classifications.
B) as percentages of net sales or total assets.
C) and comparing it with other companies.
D) across time periods.

Problem 3: Which of the following is not an example of cross-sectional analysis?

A) Determining how the growth in sales from one company differed from that of another company.
B) Comparing growth in sales across different industries.
C) Determining the growth in sales for a company over a five-year period.
D) Comparing total sales across companies in the same industry for the past three years.

Problem 4: Purchase of inventory for cash will

A) increase the current ratio.
B) decrease the current ratio.
C) increase the quick ratio.
D) decrease the quick ratio.

Reference no: EM132953391

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