A. The calculation of the weighted average number of shares for basic earnings per share purposes. b. The alternative formats permissible for reporting comprehensive income. c. The classifications of cash flows required in the statement of cash flows.

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.