Answer:
$400 million less ($176+$84)=$14 million
Explanation:
the percentage of completion method of accounting is more like of income statement because it is used to assess the companys performance and financial position
Answer:a. Total common stock issued is 750 millions
b. In treasury is 109 million
c. Outstanding 750 million.
Explanation:
Issued shares referred to the total amount of authorised shares that has been issued to the public for subscription.
Treasury stock refers to parts of the issued stock that are held up for the ownership of the issuing company.
Outstanding stock refers to the total number of stock issued and fully paid for from the issued stock.
the answer is d. discretionary changes in government spending and taxes
Answer:
Explanation:
The preparation of the statement of stockholders' equity at the end of the year is presented below:
Apex Systems Co.
Statement of stockholders' equity
For the fiscal year ended December 31, 2016
Particulars Common Stock
Beginning
Balance $1,340,000
Add: Net income $356,000
Less:
Bart Nesbit, Drawing -$91,200
Ending balance $1,604,800
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>
