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6 September, 18:24

The stockholder's annual report must includeSelect one:a. a statement of cash flows. b. an income statement. c. a balance sheet. d. a statement of retained earnings. e. all of the above

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  1. 6 September, 18:34
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    The correct answer is d. all of the above

    Explanation:

    The annual reports comprise of following things which are shown below:

    Statement of cash flow: It comprises of three activities that include operating activities, investing activities, and the financing activities.

    Income statement: It records all revenues and all expenditure for a year. If an answer comes in a positive amount the company earns profit else loss.

    Balance sheet: It includes assets, liabilities and shareholder equity which analyze the financial position, performance and liquidity of the company

    Statement of retained earnings: The retained earnings is the profit which is invested to earn a maximum return. It adds the net income and deducts the dividend paid amount.

    All of the statements are required for a stockholder's annual report.

    Therefore, the correct answer is d. all of the above.
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