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Elza [17]
2 years ago
7

2. "A company's net income appears directly on the income statement and the owner's equity statement, and it is included indirec

tly in the company's balance sheet." Do you agree? Explain.
Business
1 answer:
tamaranim1 [39]2 years ago
8 0

Answer:

Yes, I do agree with the statement

Explanation:

The statement which is stating that the company net income  as well as the statement of the owner's equity both are included or shown indirectly in the company balance sheet . As balance sheet is that statement which tells the financial position or performance of the company at a specific time period.

Because the net income is the outcome of income statement and directly shown or stated in the income statement whereas owner's equity is the capital of the business which is shown in the balance sheet. Net income is already included in retained earnings which means shown indirectly in the balance sheet.

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3 years ago
Consider the single factor APT. Portfolio A has a beta of 1.3 and an expected return of 21%. Portfolio B has a beta of .7 and an
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Answer:

Portfolio A and Portfolio B

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

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Let us assume the market risk premium be X

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3 years ago
Tara is shopping at a department store in the mall. before checking out she wants to make sure she brought enough money to pay f
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If Tara bought, sweater $ 52, T-shirt $19, Shoes $68, Jeans $72, Necklace $21, the total would be;
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1 year ago
Which of the following phrases is an example of structural que ?
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