Answer:
This statement is TRUE, because:
C) Green Caterpillar’s retained earnings account increased between the end of Years 1 and 2.
Explanation:
The only way to determine if a company was profitable is through the Net Profit in the Income Statement , if it was profitable it means that the result were allocated in Retained Earnings in the Balance Sheets because this account only growth with the results of the income statement, in this case the increase in the account was for $394.
Option A) is not true because the increase in total assets not only means a company´s positive results it could be because of the company increment the Accounts Receivable term and the Inventories which no means a positive result.
Option (B) in the case of cash increases it could be due to an increase in the total debt of the company as it's indicated in the Long Term Debt and because of new stock issues.
Both of this option are complementary to the option selected but this options alone doesn't indicate a profitabilty year.
Answer:
The correct answer is A
Explanation:
Demographics information is the term which is described as the statistical data regarding the characteristics of the population like income, age and gender.
When the data assembles regarding the ages of the people and the genders, it would be an example of the information to be assembled regarding demographics.
Therefore, when the company want to target the customers of the consumer population to the market, the kind of the segmentation will help the company is the demographic information.
It's the p<span>rocess
used to manage the financial resources of a business</span>
Table/indexed.
Let's look at the three options and see what their advantages and disadvantages are:
Contiguous - In this scheme, the file is stored in contiguous blocks of the disk. It allows for easy random access of the data, but requires a contiguous sequence of blocks large enough to handle the entire file. Since the size of the file specified in this question varies quite a bit over it's lifespan, you're either going to be wasting a lot of space by having an allocation large enough to handle the maximum sized file, or the file will need to be copied whenever it grows and "bumps" into a file that was allocated after it. Because of this, this method is not the best.
Linked - The file is stored as a single, or double linked list of file blocks. This allows for the file to grow or shrink as needed, using only the amount of space needed for the file. Unfortunately, this storage scheme doesn't allow for random access of the file contents and the file can only be accessed sequentially. The question for this problem doesn't specify how the file is being accessed, so as long as random access isn't required, then this would be a reasonable allocation scheme. But I'm assuming that random access will be required, in which case, this scheme isn't ideal.
table/indexed - In this scheme, some disk blocks are used as tables to point to other disk blocks that actually contain the file data. It's almost as fast as contiguous allocation for random access of the file contents, yet allows for the growth and shrinkage of a file like linked allocation. As such, it handles all use cases at a relatively minor cost in total storage required. So this would be the most appropriate allocation scheme since the file access behavior wasn't specified in this question.
Answer:
2017 = $2,598 and 2018 = $10,390
Explanation:
The computation of the depreciation expense for the second year is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($80,010 - $7,280) ÷ (7 years)
= ($72,730) ÷ (7 years)
= $10,390
In this method, the depreciation is same for all the remaining useful life
For 2017, the depreciation expense would be
= $10,390 × 3 months ÷ 12 months
= $2,598
The three months is calculated from the October 1, 2017, to December 31, 2017
And, in 2018 it would be $10,390
