Answer: D. an understatement of expenses and an overstatement of owners' equity
Explanation:
If a purchase of merchandise was not recorded, it would mean that Purchases being <u>an expense</u> that contributes to the Cost of Goods sold would be understated.
This understatement would mean that the the Net income is overstated because the purchase expenses were never deducted from it. Net Income is part of owners' equity so if it is overstated, so is owners' equity .
Answer:
B
Explanation:
The ending cash balance is listed on the Statement of Cash Flows and Cash listed on the Balance Sheet is the balance as of the end of the year.
The balance sheet and Statement of Cash Flows are financial statements that companies issue to report their financial performance
The Statement of Cash Flowst shows the amount of cash and cash equivalents coming in and going out in the company.
The balance sheet lists the assets, liabilities, and equity of a company at a specific moment in time and proves the accounting equation
Answer:
Each firm will produce 20 ÷ N units
Explanation:
Given that
Q = 160N − P
MR = 160N − 4Q
TC = 150 + Q2
MC = 4Q
The computation of the number of units that each firm produce is as follows:-
MR = MC
where
MR = 160N − 4Q
And MC = 4Q
Now we equate
So, the equation is
160 ÷ N - 4Q = 4Q
160 ÷ N = 8Q
Q = 160 ÷ 8N
Q = 20 ÷ N
So, each firm will produce 20 ÷ N units.
The repayment of a note payable is classified in the statement of cash flows as a financing activity.
The financing activity in the cash flow statement focuses on how a firm raises capital and pays it back to investors through capital markets. The largest line items in the cash flow from financing activities statement are dividends paid, repurchase of common stock, and proceeds from the issuance of debt.
The cash flow from financing activities helps investors see how often and how much a company raises capital and the source of that capital.
To know more about financing activities here:
brainly.com/question/16377227
#SPJ4
Answer: The APT identifies all relevant factors that affect the realized returns on stocks.
Explanation:
Arbitrage pricing theory (APT) is an idea that has to do with the fact when the linear relationship between the macroeconomic variables and the expected return of an asset are analysed, such assets return can be forecasted.
In arbitrage pricing theory, several risk factors are used in determining prices. It also identifies all relevant factors that affect the realized returns on stocks.
