Significant changes in stockholders' equity are reported in

A) income statement
B) retained earnings statement
C) statement of stockholders' equity
D) statement of cash flows

The statement of stockholders' equity reports significant changes in stockholders' equity, such as issuances or repurchases of stock, dividend payments, and changes in retained earnings. The income statement reports revenues and expenses, the retained earnings statement reports changes in retained earnings, and the statement of cash flows reports cash inflows and outflows.