Gibrat's Law of Proportionate Growth says that the probability of growing by a certain percentage over a given period of time is independent of initial asset size. An industry governed by such a law will exhibit a lognormal distribution for firm size. Why do we care?
A. The predictions of Gibrat's Law perfectly match those of the Cournot oligopoly model.
B. In the data, firm size for many mature industries appears to be lognormal distribution is perfectly flat.
C. In the data, firm size is roughly symetrically distributed, and the lognormal distribution is perfectly flat.
D. In the data, smaller/younger firms' sizes appear to be lognormally ditributed.

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

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