Which of the Following Equations Is Correct

question 107

Multiple Choice

Which of the following equations is correct?

• A)S = I + C
• B)S = I − NX
• C)S = I + NCO
• D)S = NX − NCO .

---

Definitions:

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period.

Financial Budgets

Detailed plans that outline an organization's financial goals, expected revenues, and expenses for a specific period.

Cash Budget

A budget that estimates the expected receipts (inflows) and payments (outflows) of cash for a period of time.

Capital Expenditures Budget

A plan for a company’s expenditures on large physical assets like property, plant, and equipment that are expected to last more than one year.