Income Statment
Public corporations must report these taxes separately on this statement
What are Federal corporate income taxes?
This statement tracks all changes in these specific accounts over a period
What are Stockholders’ equity accounts?
This type of stock is always listed first in the Stockholders' Equity section
What is Preferred stock
This section of the statement reports cash movements related specifically to corporate ownership
What is the Financing Activities section?
Which gas makes up the majority (roughly 78%) of Earth's atmosphere?
Nitrogen
This is the very last line of the corporate income statement
What is Net Income
This statement typically uses this many account columns plus one total column
4
The equity section for a public corporation is listed under this main heading
What is Paid-in Capital?
The act of issuing stock to the public is recorded as this type of cash movement
What is a cash inflow?
What is the common name for the mineral pyrite?
Fools Gold
These three non-operating items are listed after Operating Income but before taxes
What are Financial Instruments (gains/losses), Foreign Currency (gains/losses), and Interest Expense?
This specific section of the statement includes net income/losses and dividends declared
What is Earnings & Distributions?
These three descriptive details are required for every stock type listed on the balance sheet
What are par value, shares authorized, and shares actually issued?
The payment of dividends to shareholders is recorded as this type of cash movement
What is a cash outflow?
What is the tiny plastic or metal piece at the end of a shoelace called?
aglet
This subtotal represents profits after "Other Income" items are applied but before taxes are paid
What is Income Before Taxes?
This specific column tracks accumulated profits that have not been distributed to owners
What is Retained Earnings?
This is the reason dividend accounts are omitted from the year-end balance sheet
because they are closed to Retained Earnings at year-end?
This specific ownership activity results in money entering the company's bank account
What is issuing stock?
What unusual defense mechanism does a horned lizard use when threatened?
shoot blood from eyes
This income figure is calculated immediately after subtracting all operating expenses
Operating Income
These two data points are reported for each type of stock regarding quantity and dollar amount
What is Operating Income?
If dividends are declared but not yet paid, they appear in this section of the balance sheet
What is the Liabilities section (as Dividends Payable)?
This ownership activity results in money leaving the company's bank account
What is paying dividends?
In 2009, what was the first Morse code character to be added since WWII?
@