Which of the following provides information about a firm's performance during the past year and also provides information regarding new developments that will affect the future performance of the firm?
A)Articles of incorporation
B)The annual report
C)Proxy statements
D)A DuPont chart
E)A memorandum of understanding

Question

Quizplus · Accepted Answer

The annual report provides information about a firm's performance during the past year and also provides information regarding new developments that will affect the future performance of the firm. Articles of incorporation specify the company's purpose and structure, proxy statements enable shareholders to vote on certain issues, a DuPont chart is a financial ratio analysis tool, and a memorandum of understanding is a document outlining an agreement between two or more parties.

Which of the Following Provides Information About a Firm's Performance