Answer:
Cause of a "Prior Period Adjustment in 2025 Statement of Retained Earnings:"
A. Failure to Accrue Revenue at 12/31/24, but not 12/31/21 Depreciation Overstatement.
Explanation:
A company's failure to accrue revenue in accordance with the accrual concept and revenue recognition principle means that there is a "Prior Period Error" which must be corrected retrospectively in the financial statements (Retained Earnings). Retrospective restatement involves the correction of the error arising from the recognition, measurement, and disclosure of amounts of elements of financial statements. The restatement is done as if a prior period error had never occurred.
Y = original value • growth ^(time/period of growth)
30000000000000 = 15000000000000 • (1+0.02)^(x/1)
Divide both sides by 15 trillion
2 = (1.02)^(x)
take logarithm of both sides
log2 = log1.02^x
Bring x down using log law
log2 = xlog1.02
Divide both sides by log1.02
x = 35
35 years
Based on economic theory, scarcity is limitation of a resource which cannot be replenished. Shortage is used to indicate a market condition.
When applying this definition to your question, A is your answer.
Answer: All of the Above
Explanation:
The Clayton Act of 1914 was passed to curb unfair business practices as well as to protect the rights of labour.
Some practices that were prohibited when they led to less competition include,
- A firm acquiring a major percentage of the stocks of a competing firm because this could signify an amalgamation of efforts on the part of both firms and they could therefore have some control over Pricing.
-A director from one business sitting on the board of a competing firm because this could lead to cooperating or Corperate espionage.
- A buyer is forced to buy multiple products from a producer in order to get a desired product is expressly forbidden.
Answer:
Y=38.8
Y will increase by 38.8
Y=246+38.8
Y=284.8
Explanation:
Y=A. F(K, L)
Y=A. K^0.3, L^0.7
Then
Y=246
A=1
K=2000
N or L=100
Solutions
200=1(2000^0.3, 100^0.7)
Now the question says both k & N are increased by 0.20
Therefore
Y=1(2400^0.3, 120^0.7)
Y=1(10.3 + 28.5)
Y=38.8
