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Author Question: Owner withdrawals are reported on which financial statement? a. statement of owner's equity b. ... (Read 99 times)

WhattoUnderstand

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on: Jul 6, 2018
Owner withdrawals are reported on which financial statement?
 a. statement of owner's equity
  b. balance sheet
  c. income statement
  d. none of the answers listed

Question 2

Which of the following is true of the compound annual growth rate?
 
  A) It reflects average annual growth over a period of multiple years.
  B) It reflects total annual growth over a period of multiple years.
  C) It reflects average annual growth for a year as compared to the previous year.
  D) It reflects total annual growth for a year as compared to the previous year.


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vboyd24

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Reply #1 on: Jul 6, 2018
Answer to Question 1

A

Answer to Question 2

A
Explanation: A) A valuable growth measure is the compound annual growth rate (CAGR), which reflects average annual growth over a period of multiple years.


WhattoUnderstand

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Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

steff9894

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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