Find x. x = 2y + 2 10 = x - y
y = x - 10 x = 2(x - 10) + 2 x = 2x - 20 + 2 -x = - 18 x = 18
Please describe what EMH (efficient market hypothesis) is?
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.
a) What is the Accounting Equation? b) Show the journal entry if I purchased $200 worth of furniture on credit.
a) Assets = Liabilities + Owners Equity b) DR Furniture $200 CR Accounts Payable $200