Kasper company includes three years in the statement of shareholders’ equity in its annual report. during year 4, management corrected an error that had understated the net income reported in year 1 by $10,000. how should kasper reflect the correction of this error in the statement of shareholders’ equity included in its year 4 annual report?

(a) a change in reporting entity should be reported in year 4
(b) a prtor perlod adjustment to the beginning-of the-year retsined earnings balance shouild be reported in the year 2 amount
(c) a prior pertod adjuctmant to the beginning-cf the-year rerained earnings balance shouid be repoted in the year 3 amoun
(d) a prior period adjustment to the beginning-of the-year retained oarnings balance shouid be reported in the year 4 amount

Captain john's yachts, inc., located in fort lauderdale, florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and captain john's favorite, the luxury yachts. captain john advertises his boats with his famous "you rent"we pilot" slogan, which means that the company supplies the captain and crew for each rented boat. each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. the crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. ten employees are captains, and an additional 18 employees fill the various crew positions. currently, captain john has rental requests for all his boats: four sailboats, eight cabin cruisers, and three luxury yachts. if captain john's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

Your dormitory, griffingate, has appointed you central banker of its economy, which deals in the currency of wizcoins. assume that the velocity of wizcoins in griffingate is constant at 10,000 transactions per year. right now, real gdp is 1,000 wizcoins, and there are 2,000 wizcoins in existence.