Yes it’s right the she was like oh wow yeah lol yeah bc she doesn’t like it she’s just like her she just doesn’t
Answer:
The correct answer is letter "A": a physical inventory is taken at the end of the period.
Explanation:
When the general ledger is only updated by the end of a period it is said that the firm is using a periodic inventory system. This approach is implemented because physical inventories could be time-consuming. It is even more helpful for small businesses since their inventory is limited.
Answer:
b. it is less volatile and more like a bond
Explanation:
Preferred stocks pay a fixed dividend and has the potential to appreciate in price.
Preferred share holders have no voting right but they are paid first before common shareholders.
I hope my answer helps you
Answer:
A. + NA + NA - + NA
Explanation:
Since in the question there is an overstatement of ending inventory which affect the financial statements i.e increase in the gross profit due to which the net income is also increase that reflects the increment in the retained earning and the equity as well plus the asset side is also increased but it does not have any change in the cash flow statement as it does not involve any transaction of cash
Hence, the first option is correct
