The stockholders' annual report must include ________.
A) common-size financial statements
B) an income statement
C) an advance tax statement
D) the margin of safety report

Question

Quizplus · Accepted Answer

The stockholders' annual report must include an income statement, which reports the company's revenue, expenses, and net income (or loss) over a specific period of time. Common-size financial statements, an advance tax statement, and a margin of safety report may be included in the annual report, but they are not required by law.

The Stockholders' Annual Report Must Include ________