48) The ________ represents a summary statement of a firm's financial position at a given point in time.
B49) The statement of cash flows ________.
C50) When preparing the retained earnings statement, ________ is(are) subtracted in order to derive at the endingbalance of retained earnings.
D51) A firm has the following accounts and financial data for 2014:The firm's earnings available to common shareholders for 2014 is ________.A) -$224.25B) $195.40C) $302.40D) $516.60Answer:
C52) A firm has the following accounts and financial data for 2014:The firm's earnings per share for 2014 is ________.