Making use of the data provided in the question to showcase the effects of the events on the financial statements ( using horizontal statements model )
b) The amount of total assets at end of year 1 = $76,000
<u><em>Attached below is the Excel sheet showing the effect of the events on the financial statements. </em></u>
A) The effects of the financial statement using horizontal statements attached below
b) The amount of total assets = ∑ Cash + A/R
= [40,000 + (-10,000 ) + 47,000 + ( -16,000 ) + ( -8000 ) ] + [ 70,000 - 47,000 ]
= $76,000
Hence we can conclude that the total assets = $76,000 and the effects of the events is shown using the horizontal statement model.
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Answer:
Increase; supply
Explanation:
When the supply of the milkshakes increases then as a result there is an increase in the consumers surplus. This is due to the lower price level in the market of milkshakes. If there is an increase in the supply of a product then as a result this will reduce the equilibrium price level, therefore, the difference between the consumer's willingness to pay and actual amount paid for the product is greater.
When there is more supply than the demand for the product, the price of the product falls.
Craft corp. acquired all of the common stock of pitts co. in 2019. pitts maintained its incorporation. The Craft account balance that would vary ... are Investment in Pitts Co., Equity in Subsidiary Earnings, and Retained Earnings.
This is further explained below.
<h3>What are
Retained Earnings.?</h3>
Generally, The cumulative net income of a company that is held by the corporation at a given moment in time, such as at the conclusion of the fiscal quarter, is referred to as the company's retained earnings. Retained earnings may be seen in a corporation's balance sheet.
In conclusion, The Craft account balance that would vary between the equity method and the initial value method are Investment in Pitts Co., Equity in Subsidiary Earnings, and Retained Earnings.
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The mean squared error minimization smoothing constant's value can be found using a nonlinear optimization process.
Although the linear programming model is effective in many nonlinear optimization circumstances, it is insufficient to accurately model some issues. An illustration would be the isoperimetric problem, which asks you to identify the closed plane curve with the maximum area and a minimization given length. Pappus of Alexandria had access to the solution but not the proof. 340 CE.
The Swiss mathematician Johann Bernoulli challenged himself in 1696 to find the curve that minimizes the time it takes an object to slide, using minimization only the force of gravity, between two nonvertical points. This challenge marked the beginning of the branch of mathematics known as the nonlinear optimization calculus of variations. Along with Johann Bernoulli, the correct answers were also provided by his brother Jakob Bernoulli, the German Gottfried Wilhelm Leibniz, and the Englishman Isaac Newton. (The solution is the brachistochrone.) Many nonlinear algorithms, in particular, heavily rely on Newton's method of solving the problem.
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Being an entrepreneur is not as easy as it seems. Apart from choosing and creating a business,
you need to find someone who would be willing to financially support your
business. Then there is the issue of
finding a suitable place to set up shop.
Then you have to find ways to promote your business. If you manage to do that, then you will be
able to make it as an entrepreneur.