25 26 Question 251pAs of December 31, 2018, Iñigo Zabala Company has assets of P700,000 and the owner's equity of P400,000. How much should be the liabilities asof December 31, 2018?1,100,000O 300,000O 400,000O 700,000 Question 26Ericko Aoyagi invested P50,000 cash in a business named Takuyaki Company. As a result to the company:revenues increase by P50,000O expenses increase by P50,000O assets increase by P50,000O liabilities increase by P50,000

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As of December 31, 2018, Iñigo Zabala Company has assets of P700,000 and the owner's equity of P400,000. How much should be the liabilities as of December 31, 2018? O 1.100,000 300,000 400,000 O 700,000

As of December 31, 2018, Iñigo Zabala Company has assets of P700,000 and the owner's equity of P400,000. How much should be the liabilities as of December 31, 2018? O 1.100,000 300,000 400,000 O 700,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.

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25 26

Question 26
Ericko Aoyagi invested P50,000 cash in a business named Takuyaki Company. As a result to the company:
revenues increase by P50,000
O expenses increase by P50,000
O assets increase by P50,000
O liabilities increase by P50,000

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