A... The three types of accounting changes includes:

Select one:

a. Change in accounting estimate

b. Correction of prior period errors

c. Change in accounting policy

d. All of the available choices

B..

Zonal Company has a net income of $489,500, 125,000 common shares outstanding on December 31, 2023 and no preferred shares outstanding. Calculate the EPS assuming that there is no changes in the number of shares outstanding.

Select one:

a. $3.92

b. $3.96

c. $2.94

d. $3

C..

Which appears first in a statement of retained earnings?

Select one:

a. Net income

b. Prior period error

c. Cash dividend

d. stock dividend

D...

Which of the following is true about the company's financial statement?

Select one:

a. Descriptive analytics makes a statement about the question How did this happen and why?

b. Prescriptive analytics attempts to answer the question What did happen?

c. Predictive analytics often uses this information to forecast outcomes, answering the question What will likely happen in the future?"

d. All of the available choices are correct

E....

Which of the following is true about price-to-earning ratio?

Select one:

a. a metric for showing the expectations of the market

b. used to calculate a companys book value

c. a multiplier used in enterprise valuation

d. only applied when valuing preferred stock