Area of discussion: Finance
Arbitrage profit for one round trip: A$2,538.
|The differences between absorption costing and variable costing|
|Question taken from IICS past year examination, also special thanks to Mr.Lim for his kind teachings.|
|Alteration in owner's equity accounts after a 'one-for-five reverse stock split' is declared|
|This Q&A explains the differences between stock dividend and stock split, their effects on equity accounts|
and their respective accounting treatment with examples to aid explanation.