With equity finance which group provides the firm with capitalization?: i. The creditors of the firm. ii. The owners of the firm. lii. Government. A) i and it B) if only o c) i and in o D) il only OE) i only
The inventory assumption methods and ending inventory values are presented in the balance sheets of three companies below Company A $1.200 First-in-first-out (FIFO) Company B $1,000 Last-in-first-out (LIFO) Company C $1.100 Average cost Which of these three companies will report the highest net income (assume that all other factors are the same)? A) Company A and Company All of them will present the same net income. C) Company A D) Company B 5 Company