On January 1, 2017, Columbia Corp. changed its inventory method to FIFO from LIFO for both financial reporting purposes. The change resulted in an increase in the Inventory account. The net of tax amount of the increase was $2,320,000 on January 1, 2017 (all tax effects should be ignored).
The cumulative effect of the accounting change should be reported by Columbia in its 2017:

a) retained earnings statement as a $1,740,000 addition to the beginning balance.
b) income statement as a $2,320,000 cumulative effect of accounting change.
c) retained earnings statement as a $638,000 addition to the beginning balance.
d) income statement as a $1,740,000 cumulative effect of accounting change.

Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp

Which of the following statements is true about an atm card?

Can you with personal finance homework1 abbreviation of annual percentage rate which the interest rate is applied annually to a loan or a credit card balance2 abbreviation of annual percentage yield the rate of return earn in the course of one whole year taking compounding into amount expressed as a percentage3 cash and other liquid assets such as demand deposits or treasury bills than individual possesses4 an expense that does not vary from one time period to the next5 to obtain a new loan for something on different terms often involving the pain off of an existing high-interest loan by means of a new lower interest one6 money set aside for future use7 to take money out of an account8 to plan the allocation expenditure or use of money9 the amount of money spent on food clothing and other basic necessities10 the amount of money that is anticipated to be received over a. of time either as payment for work goods or services or as profit on capital