Answer:
We have a total Debit and credit amount of $24,400
Explanation
Attached herewith is the adjusted trial balance of the company. In preparation of trial balance, we must consider na nature of the accounts to be recorded. All assets account with normal balances should be posted as debits. All Liabilities and equities accounts with normal balances should be posted on credit side. Revenue is on credit side and all expenses on the other hand is posted on debit side.
Answer:
Check the explanation
Explanation:
Efficient market theory states that the security price reflects all the available information of the market. It means there is no reason to believe that prices are incorrect.
Thus, the given statement is false.
The past data is not useful for decision making. Information of past trends may not help the investor to earn abnormal returns.
The statement is consistent with weak form efficiency as current price reflects the past price movements.
Thus, the statement belongs to weak form efficiency.
The stock price will increase and settle at a new equilibrium level.
Answer:
c. There is greater potential for high yield over a longer period
Explanation:
Answer:
Nominal gross domestic product (GDP) measures the market value of all the new and legal goods and services produced in a country within a year. While real GDP adjusts nominal GDP to inflation. Since inflation is generally positive, real GDP decreases as inflation increases. The higher the inflation rate, the larger the difference between nominal and real GDP. Depending on which year is used as base year (year 0), the difference that existed in 2010 can be either significant or not.
The difference = ($14,657 / $13,245) - 1 = 10.66%, which means that nominal GDP was 10.66% higher than real GDP. If the base year is 2000 or even 2005/6, the difference is very small since the accumulated inflation would only be 10.66% for all these years. But if the base year was 2008 or even 2009, then the inflation rate is high.
that means simply your a business man seller