Answer:
The balance in retained earnings will be $3,810
Explanation:
For computing the ending balance of the retained earning, first, we have to compute the net income
So, the net income would be equal to
= Service revenue + interest revenue - Salaries and wages expense - Travel expense
= $206 + $31 - $90 - $37
= $110
Now we can find out the ending balance of retained earnings. It is shown below:
= Beginning retained earning balance + net income - dividend paid
= $3,700 + $110 - $0
= $3,810
Answer:
the correct answer is
(A) internal "disclosure controls and procedures.
good luck
Answer:
The correct answer is letter "B": all publicly available information is reflected in current prices.
Explanation:
Within the Efficiency Market Hypothesis (<em>EMH</em>) the semi-strong market efficiency implies current stock prices reflect the public information made available in financial markets. According to this approach, the fluctuations in the stock price are the result of that information published and technical and fundamental analysis are useless in "predicting" stock price movements.
Answer:
A. True
Explanation:
At the time of publishing the financial statements of the public companies under the jurisdiction of the Securities and Exchange Commission (SEC) is compulsory to hire the independent auditor or we can say Chartered Accountant (CA) so that he or she can assess the financial statement prepared by the public company whether it follows the Generally Accepted Accounting Principles (GAAP) or not.
And, according to that the independent auditor given his or her qualified or unqualified opinion
