Use the information below to answer the following question(s):Indicate how each event affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. Use only one letter for each element. You do not need to enter amounts.Increase = I Decrease = D No Effect = NA(Note that "No Effect" means that the event does not affect that element of the financial statements or that the event causes an increase in that element and is offset by a decrease in that same element.) Taylor Bennett began his sole proprietorship by contributing $25,000 of his own money to the business. 
What will be an ideal response?
(I) (NA) (I) (NA) (NA) (NA) (I)
The contribution will increase the proprietorship's assets (cash) and its owner's equity (Bennett, capital). It is reported as a cash inflow in the financing activities section of the statement of cash flows.
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Sensitivity analysis is
a. an appropriate response to uncertainty in cash flow projections. b. useful in measuring the variance of the Fisher rate. c. typically conducted in the post investment audit. d. useful to compare projects requiring vastly different levels of initial investment.
Historical returns are of no use in estimating the risk of an investment
Indicate whether the statement is true or false.
After defining and selecting a target market, retailers must develop the six Ps of the retailing mix to successfully meet the needs of the chosen target market. What are the six Ps of the retailing mix?
What will be an ideal response?
What type of model asks what-if questions repeatedly to determine the impact on outcomes of changes in one or more factors?
A) Mathematical B) Sensitivity analysis C) Goal seeking D) Forecasting E) Simulation