Which of the following items will not appear in the retained earnings statement?
a. Net loss
b. Prior period adjustment
c. Discontinued operations
d. Dividends
Answer: c. Discontinued operations
Business
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Which factor would be greater — the present value of $1 for 10 periods at 8% per period or the future value of $1 for 10 periods at 8% per period?
a. Present value of $1 for 10 periods at 8% per period. b. Future value of $1 for 10 periods at 8% per period. c. The factors are the same. d. Need more information.
Business
Venture capital funds may invest in
a. Limited Liability Companies b. Limited Liability Partnerships c. Joint ventures d. Standard corporations e. All of the above
Business