Answer:
You need to know every con so you can prevent in before it happens an plumates your business
Explanation:
Answer:
The answer is: E) Since the proposed plan increases Daylight's financial risk, the company's stock price still might fall even if EPS increases.
Explanation:
Investors are adverse to risk and if they consider that Daylight's financial risk increases, then they will require higher rates of return to compensate for the higher risks.
And even then, if EPS doesn't increase enough to satisfy investors' requirements, the stock price of Daylight will decline.
Answer:
Debt Salaries payable is $8800
Credit Salaries expense is $8800
Explanation:
given data
earn unpaid and unrecorded salaries = $8,800
paid = $22,000
to find out
journal entry to reverse the effect
solution
here journal entry to reverse the effect January 1 journal entry to reverse the effect of the December 31 salary expense accrual is as
particular debt credit
Salaries payable $8800
Salaries expense $8800
as here unpaid salaries of December is paid in January