3. Which of the following must be included in an organization’s statement of accounting profits for the statement to be of use? a. the estimated amount the organization could have earned pursuing other options b. the extent to which technological improvements increased productivity c. the percentages planned for reinvestment or distribution to investors d. the period in which the profit was earned, such as a year or a quarter
3. Which of the following must be included in an organization’s statement of accounting profits for the statement to be of use? a. the estimated amount the organization could have earned pursuing other options b. the extent to which technological improvements increased productivity c. the percentages planned for reinvestment or distribution to investors d. the period in which the profit was earned, such as a year or a quarter
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST3: The Stock Market: Its Function, Performance, And Potential As An Investment Opportunity
Section: Chapter Questions
Problem 1CQ
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3. Which of the following must be included in an organization’s statement of accounting profits for the
statement to be of use?
a. the estimated amount the organization could have earned pursuing other options
b. the extent to which technological improvements increased productivity
c. the percentages planned for reinvestment or distribution to investors
d. the period in which the profit was earned, such as a year or a quarter
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