Current year earnings are the net income or loss of an entity for the current year. Current year earnings are the difference between all revenues and all expenses on the income statement. Current year earnings are presented on the balance sheet only until they are transferred to retained ...
a. accounts receivables b. long-term debt c. retained earnings d. patents Balance Sheet: The balance sheet is the statement of the company prepared at the end of the year. It provides a summary of the assets, liabilities, and equity of t...
a1.Balance sheet of the "undistributed profits" reflects the business end of the period the amount of profit has not been assigned.[translate] a4 .For the current distribution of non-profit business enterprises, balance sheet, the difference between the end of opening retained earnings, in line...
stockholders'equity： 股东权益 The portion of the balance sheet that represents the capital received from investors in exchange for stock (paid-in capital), donated capital and retained earnings. Stockholders' equity represents the equity stake currently held on the books by a firm's eq...
The annual rate of return received from an investment, based on the income received during a year compared with the investment's current market price. For example, a bond selling at $800 and paying an annual interest of $80 provides a current yield of$80/$800, or 10%. Also calledrate ...
Answer to: Prepaid insurance is reported on the balance sheet as a: a. current asset b. fixed asset c. current liability d. long-term liability By...
a我放学回来晚了他们很生气 I was on vacation from school late they to be angry very much[translate] adoing the chores 做差事[translate] aRetained earnings balance sheet and income statement in the relationship between net[translate] a2. And: the end of period retained earnings = Beginning reta...
(Accounting & Book-keeping) cash and operating assets that are convertible into cash within a year. Also called:floating assetsComparefixed assets Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009,...
Selected current year-end financial statements of Cabot Corporation follow.(All sales were on credit; selected balance sheet amounts at December31of the prior year were inventory, $46,900; total assets, $209,400; common stock, $80,000; and retai...
Current expenses cover daily operational costs and reduce taxable income in the year they're incurred, while capital expenditures (CAPEX) involve long-term investments, such as equipment, that are expensed gradually through depreciation. The difference helps stabilize earnings and aligns expenses wi...