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Author Question: Today corporations are required to send their stockholders an annual report. Assume that you are a ... (Read 44 times)

AEWBW

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on: Jul 14, 2018
Today corporations are required to send their stockholders an annual report. Assume that you are a prospective investor trying to decide if you should invest in a specific corporation. What type of information is contained in an annual report that would help you decide if this is the right investment for you?

Question 2

The Employee Retirement Income Security Act passed in 1974 requires firms to provide a retirement plan for their employees.
 
 Indicate whether the statement is true or false


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tashiedavis420

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Reply #1 on: Jul 14, 2018
Answer to Question 1

Information on the income statement including revenue, cost of goods sold, expenses, and net income can be used to help make a decision to sell or hold an investment. Information on a firm's balance sheet including changes in assets, liabilities, owners' equity, and retained earnings can also be used to make a decision to buy or hold an investment. Finally, the information on a firm's statement of cash flows may also be used to make a buy or hold decision.

Answer to Question 2

False


AEWBW

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Reply 2 on: Jul 14, 2018
Great answer, keep it coming :)

AISCAMPING

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

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