Answer:
D
Explanation:
The cash flow statement, as the name implies, report the use of company's real cash use in three area: investing, operating and financing activities as well as cash available at the beginning of the period and the end of the period as the result of three activities mentioned above.
Answer:
Common stock outstanding = $50,000/$0.5 = 100,000 shares
Treasury stock outstanding = 5,000 shares
Total shares outstanding 105,000 shares
Explanation:
Total shares outstanding is the aggregate of common stock outstanding and treasury stock outstanding. Common stock outstanding is derived by dividing the total value of common stock by par value of common stock.
The change in the amount sold will be greater when the price elasticity of demand is greater than 1. (option 3).
<h3>What is price elasticity of demand?
</h3>
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is elastic when the coefficient of demand is greater than one. This means that for a small change in price, the quantity demanded would be greater.
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Answer:
3. Rights and obligations.
Explanation:
This evidence is in support of relevant financial statement assertions about existence or occurrence and Rights and obligations. Even though a specific confirmation request does not test all assertions equally well. Especially since more than one agent may be holding securities for a single client which may or may not be specified within the request.
