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2 years ago

Which financial statement tells you the value of the assets the company owns and the liabilities a company owes?.

Business

1 answer:

Pavel [41]2 years ago

4 0

Answer:

Balance Sheet

Explanation:

The balance sheet is a financial statement that shows a companies assets, liabilities, and shareholder equity.

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Which one of the following statements best defines the efficient market hypothesis? A. Efficient markets limit competition. B. S

lubasha [3.4K]

Answer:

The correct answer is letter "D": All securities in an efficient market are zero net present value investments.

Explanation:

The Efficient Market Hypothesis (EMH) states that neither public or insider information cannot help in an attempt to beat the market because stocks already show all available information possible. Thus, neither using technical or fundamental analysis could be useful to predict future stock price movement.

<em>In other words, in a market under EMH all stocks are zero Net Present Value (present value inflows minus present value outflows) investment vehicles.</em>

5 0

3 years ago

Who sets the price in a monopolistic competition?

AnnyKZ [126]

Answer:

Producers

Explanation:

Monopolistic competition is a form of market competition where different producers produce goods that are largely different from each other and can not even been used as a perfect substitute for one another.

This gives each producer the opportunity to decide its prices and output . Prices are always set higher than the marginal costs and the consumer surplus are less compared to a perfectly competitive market , making monopoly competition an imperfect market.

7 0

3 years ago

Havermill co. establishes a $460 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated recei

svp [43]

Answer:

Explanation:

The journal entry to record the establishment of the fund on September 1 is:

Debit: Petty Cash. $460

Credit: Bank. $460

Being cash drawn for petty cash.

Other journal entry for the disbursement of the petty cash fund are:

1. Debit: Office Supplies. $94

Credit: Petty cash. $94

Being cash paid for office supplies

2. Debit:Merchandise inv. $170

Credit: Petty Cash. $170

Being cash paid for merchandise inventory

3. Debit: Miscellaneous exp. $43

Credit : Petty cash. $43

Being cash paid for miscellaneous expenses.

4 0

3 years ago

In one to two sentences, name some values, interests, skills, or personality traits that could play a role in your career decisi

Angelina_Jolie [31]

Your will, determination, your passion for doing a particular thing should decide the career you should opt for.

<u>Explanation:</u>

While picking a vocation it is indispensable to have a decent understanding on what your qualities, interests, abilities and character characteristics are. To know altogether what are the things that you appreciate doing, what are the things that you are acceptable at and what you esteem most in your life will present to you a bit nearer into the correct vocation way.

So before picking a vocation consider the abilities you have obtained for an incredible duration, consider what of your inclinations can be transform into an expert profession and consider your character inclinations and basic beliefs so you recognize what kind of expert you seek to be.

5 0

3 years ago

Read 2 more answers

The balance in the unearned fees account, before adjustment at the end of the year, is $12,960. Required: Journalize the adjusti

Fittoniya [83]

Answer:

The journal entry is shown below:

Explanation:

The journal entry for the following is as follows:

On December 31

Unearned Fees A/c........................Dr $6,000

Fees Earned A/c..............................Cr $6,000

Being the adjusting entry is posted for the unearned fees.

The account of unearned fees is debited against the account of fees earned with the amount of $6,000.

Working Note:

Amount = Before adjustment amount - Unearned fees at the year end

where

Before adjustment amount is $12,960

Unearned fees at the year end is $6,960

Putting the values above:

Amount = $12,960 - $6,960

= $6,000

7 0

3 years ago