Accounting

the compensation of directors and top executives is disclosed in the proxy statement

the section of a company’s annual report that provides management’s views on significant events, trends and uncertainties pertaining to the company’s (a) operations, (b) liquidity, and (c) capital resources is management’s discussion and analysis

information not generally disclosed in the summary of significant accounting policies is a related-party transaction

the ending balance of retained earnings increased by $3.2 million from the beginning of the year. The company declared a dividend of $1.3 million during the year. What was the amount of net income during the year? $4.5 million

the ending balance of retained earnings can best be described as the amount of net income over the life of the company not paid to owners in the form of dividends

which of the following items represents cash received from customers for goods or services to be provided in a future period deferred revenues

which of the following is an intangible asset reported in the balance sheet the exclusive right to use a franchisor’s trademark or tradename

long-lived assets used in the operations of the business refer to property, plant, and equipment, and intangible assets

the net amount of property, plant, and equipment reported in the balance sheet generally is equal to the assets’ original costs minus their accumulated depreciation since purchased

which of the following provides the best explanation for why accounts receivable are normally classified as current assets in the balance sheet because these amounts typically will be collected within one year