The income statement is a financial summary of a firm's operating ...

[ENagel]

The income statement is a financial summary of a firm's operating results during a specified period while the balance sheet is a summary statement of a firm's financial position at a given point in time.
 
  Indicate whether the statement is true or false

Question 2

Common stock dividends paid to stockholders is equal to the earnings available for common stockholders divided by the number of shares of common stock outstanding.
 
  Indicate whether the statement is true or false

[joewallace]

Answer to Question 1

TRUE

Answer to Question 2

FALSE

[ENagel]

Excellent

[Animal_Goddess]

Gracias!