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: Please refer to answer
Explanation:
The relates adjusting entries are,
December 31, 2015
DR Vacation Benefit Expense (29*250) $ 7,250
CR Vacation Benefits Payable $7,250
(Accounting for Vacation Benefit Payable)
December 31, 2015
DR Warranty Expense ( (4000*0.06) *12) $2,880
CR Estimated Warranty Liability $2,880
(Accounting for Warranty Liability)
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Answer: A. On the curve.
Explanation:
Production possibilities curve (PPC) is simply a graphical representation that is used to show different combinations of two goods which a particular economy can produce when the economy uses the resources it has efficiently.
Points on the curve shows that the resources in an economy are efficiently used, points on the interior of the curve shows that the resources are used inefficiently while the points that are beyond the curve shows are referred to as unattainable.
Therefore, if you are using your factors of production at 100% efficiency, you will be on the curve.
The answer is A.
Answer:
The Net Income in terms of Cash is $13600 while that of accrual basis is $24000.
Explanation:
As the complete question is not given, a similar question is found online and is attached herewith.
By using the given data
Cash Values are given as
Revenues=$46000
Expenses Paid=$23400
Prepaid Cost=$9000
Total Expense Cash=Expense Paid +Prepaid Cost
Total Expense Cash=$23400 +$9000
Total Expense Cash=$32400
So the Net Income in terms of Cash is given as
Cash Net Income=Cash Revenue-Total Expense Cash
Cash Net Income=$46000-$32400
Cash Net Income=$13600
So the Net Income in terms of Cash is $13600.
Cash Values are given as
Earned Revenues=$54000
Incurred Expenses=$30000
So the Net Income in terms of Accrual is given as
Accrual Net Income=$54000-$3000
Accrual Net Income=$24000
So the Net Income in terms of Accrual is $24000.
