Answer:
The answer is true.
Explanation:
And increase or decrease in common stock or shareholders' equity is shown under statement of stockholders' equity.
It tells us the changes that happened from the beginning of the year till year ending.
It tells us how retained earnings decrease or increase, the dividend paid for the year, changes in common equity.
The ending inventory of the previous period is the beginning inventory of the current period.
Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.
Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.
Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.
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Answer:
C)Many firms operate in the market and produce similar, but differentiated products.
Explanation:
A monopolistic market structure has many firms competing for the same customers. Although the firms sell similar products, each tries to make their products different from the rest. Each firm can set its price because the products are differentiated. Other characteristics of monopolistic competition include
- Freedom of entry and exit.
- There many sellers and buyers
- Each firm sets its product price