Answer:
b. it does not reflect the equity method.
Explanation:
If the beginning retained earnings do not match with the equity method we must adjusted. If we do not; then after including the other transactions which are based on equity method will lead to a mistaken ending retained earnings and thus; the consolidated balance sheet will not match Assets with liabilities plus stockolders equity.
The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.
The number of bills of $5 are seven, as Hermione also has at least one bill of $1.
<h3>Calculation of bills. </h3>
- Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,
- where <em>x </em>is the number of $5 bills
- So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.
Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1 in her purse.
Learn more about bills here:
brainly.com/question/16405660
Answer: (C) Data mining
Explanation:
The data mining is one of the process that is specifically used for extracting the necessary data or information from the given raw data system and it specifically uses the mathematical analysis for driving the various types of patterns.
The data mining is also known as the knowledge discovering tool that is used for extracting the knowledge from the give data in an organization.
According to the given question, the Frito-lay market is using the data mining method for analyzing the lathe history from the given database. Therefore, Option (C) is correct answer.
Answer: d. choose the price at which it sells its butter.
Explanation:
In a competitive market, the individual sellers do not choose a price to sell at but rather the market does. This is due to the high number of sellers in the market so individual sellers do not have bargaining power.
The price will therefore equal the firm's marginal revenue as well as Average revenue.
Answer:
$155,000
Explanation:
Given that,
Service revenues in 2017 = $200,000
Credit sales for 2017 = $170,000
Company also paid cash for 2017 wages = $25,000
Wages for 2017 not paid yet in cash = $20,000
Therefore,
Net income for 2017:
= Service revenues in 2017 - Cash paid for wages - Wages not paid yet in cash
= $200,000 - $25,000 - $20,000
= $155,000
Hence, the company’s net income for 2017 is $155,000.