When making the adjustment for prepaid insurance, instead of writing off only the time that has passed the entire policy was written off. this would: a. overstate the assets b. overstate the liabilities c. understate net income d. none of the above.

An equation representing lyle’s hedge-trimming business is a = 12n - 300 where a is the amount of profit or loss in dollars and n is the number of hedges trimmed. how would the graph of lyle’s business change if the equation a = 10n - 300 represented his business? the graph would be flatter. the graph would be steeper. the graph would start closer to the origin. the graph would start lower on the y-axis.