Цій статті більше 3-х років. Українське законодавство складне і мінливе, тож на даний момент редакція не гарантує її 100% актуальність. У разі сумнівів скористайтесь пошуком, щоб читати свіжіші статті і консультації, або зверніться за допомогою до нашого ШІ-консультанта.
1. TASK: Insert the appropriate word in the text below:
a sole proprietorship - at cost – difference – Hence - in exchange for -Link
net worth – Professional - Retained Earnings – Report – Since - Treasury Stock
Stockholders' Equity
If the company is a corporation, the third section of a corporation's balance sheet is Stockholders' Equity. (If the company is __________, it is referred to as Owner's Equity.) The amount of Stockholders' Equity is exactly the __________between the asset amounts and the liability amounts. As a result accountants often refer to Stockholders' Equity as the difference of assets minus liabilities.
__________ the corporation's assets are shown __________or lower (and not at their market values) it is important that you do not associate the __________ amount of Stockholders' Equity with the market value of the corporation. (__________, it is a poor choice of words to refer to Stockholders' Equity as the corporation's "__________".) To find the market value of a corporation, you should obtain the services of a __________ familiar with valuing businesses.
Within the Stockholders' Equity section you may see accounts such as Common Stock,Paid-in Capital in Excess of Par Value-Common Stock, Preferred Stock, __________,Accumulated Other Comprehensive Income, __________, and Current Year's Net Income.
The account Common Stock will be increased when the corporation issues shares of stock __________ cash (or some other asset). Another account Retained Earnings will increase when the corporation earns a profit. There will be a decrease when the corporation has a net loss. This means that revenues will automatically cause an increase in Stockholders' Equity and expenses will automatically cause a decrease in Stockholders' Equity. This illustrates a __________ between a company's balance sheet and income statement.
2. CHECK YOUR SPEAKING
|
a sole proprietorship |
[ səʊl ] [ prəˈpraɪətəʃɪp ] |
приватний підприємець |
|
at cost |
[ ət ] [ kɒst ] |
за собівартістю |
|
difference |
[ˈdɪfrəns ] |
різниця |
|
Hence |
[ hens ] |
отже |
|
in exchange for |
[ ɪn ] [ ɪksˈtʃeɪndʒ ] [ fə(r) ] |
в обмін на |
|
Link |
[ lɪŋk ] |
посилання |
|
net worth |
[ net ] |
Чиста вартість компанії |
|
Professional |
[ prəˈfeʃənl ] |
Професіональний |
|
Retained Earnings |
[ rɪˈteɪn ] [ ˈɜː.nɪŋz ] |
Нерозподілений прибуток |
|
Report |
[ rɪˈpɔːt ] |
звіт |
|
Since |
[ sɪns ] |
Оскільки |
|
Treasury Stock |
[ ˈtrəʒərɪ ] [ stɒk ] |
викуплені акції |
3. SEE CORRECT ANSWER
Stockholders' Equity
If the company is a corporation, the third section of a corporation's balance sheet is Stockholders' Equity. (If the company is a sole proprietorship, it is referred to as Owner's Equity.) The amount of Stockholders' Equity is exactly the difference between the asset amounts and the liability amounts. As a result accountants often refer to Stockholders' Equity as the difference of assets minus liabilities.
Since the corporation's assets are shown at cost or lower (and not at their market values) it is important that you do not associate the reported amount of Stockholders' Equity with the market value of the corporation. (Hence, it is a poor choice of words to refer to Stockholders' Equity as the corporation's "net worth".) To find the market value of a corporation, you should obtain the services of a professional familiar with valuing businesses.
Within the Stockholders' Equity section you may see accounts such as Common Stock,Paid-in Capital in Excess of Par Value-Common Stock, Preferred Stock, Retained Earnings,Accumulated Other Comprehensive Income, Treasury Stock, and Current Year's Net Income.
The account Common Stock will be increased when the corporation issues shares of stock in exchange for cash (or some other asset). Another account Retained Earnings will increase when the corporation earns a profit. There will be a decrease when the corporation has a net loss. This means that revenues will automatically cause an increase in Stockholders' Equity and expenses will automatically cause a decrease in Stockholders' Equity. This illustrates a link between a company's balance sheet and income statement.
Цей та багато інших цікавих матеріалів Ви знайдете
в підручнику “Practical Financial English”
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