2 awar d 016outof 016points selec t eac h item in the

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Unformatted text preview: idends paid in c as h are als o s ubtrac ted in the Financ ing s ec tion of the Statement of Cas h Flows . 2. awar d: 0.16 out of 0.16 points Selec t eac h item in the following lis t as an as s et, liability , or s toc k holders ’ equity , item that would appear on the balanc e s heet or a rev enue, or ex pens e, that would appear on the inc ome s tatement. (1) Retained earnings (2) Ac c ounts rec eiv able (3) Sales rev enue (4) Property , plant, and equipment (5) Cos t of goods s old ex pens e (6) Inv entories (7) Interes t ex pens e (8) Ac c ounts pay able (9) Land Worksheet Stockholders’ equity Asset Revenue Asset Expense Asset Expense Liability Asset Learning Objective: 01­01 Recognize the information conveyed in each of the four basic financial statements and the way that it is used by different decision makers (investors, creditors, and managers). Selec t eac h item in the following lis t as an as s et, liability , or s toc k holders ’ equity , item that would appear on the balanc e s heet or a rev enue, or ex pens e, that would appear on the inc ome s tatement. (1) Retained earnings (2) Ac c ounts rec eiv able (3) Sales rev enue (4) Property , plant, and equipment (5) Cos t of goods s old ex pens e (6)...
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This homework help was uploaded on 02/23/2014 for the course BUSE 30000 taught by Professor N/a during the Winter '12 term at UChicago.

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