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Tessa L.
Commerce (Accounting) and Finance Student
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Basic Math
TutorMe
Question:

Find x. x = 2y + 2 10 = x - y

Tessa L.
Answer:

y = x - 10 x = 2(x - 10) + 2 x = 2x - 20 + 2 -x = - 18 x = 18

Corporate Finance
TutorMe
Question:

Please describe what EMH (efficient market hypothesis) is?

Tessa L.
Answer:

EMH describes how share prices react to information available. There are three forms, being strong, semi-strong and weak. If a market is a weak form efficient, this means that only past price information is reflected in the share price. Semi-strong means that all publicly available information is reflected in the price, and strong means all information, public and private, is reflected.

Accounting
TutorMe
Question:

a) What is the Accounting Equation? b) Show the journal entry if I purchased $200 worth of furniture on credit.

Tessa L.
Answer:

a) Assets = Liabilities + Owners Equity b) DR Furniture $200 CR Accounts Payable $200

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