Effects of Errors on Financial Statements For a recent year, the balance sheet for The Campbell Soup Company includes accrued expenses of $676 million. The income before taxes for Campbell for the year was $272 million. a. Assume the adjusting entry for $676 million of accrued expenses was not recorded at the end of the year. By how much would income before taxes have been misstated? 676 V million b. What is the percentage of the misstatement in (a) to the reported income of $272 million? Round to one decimal place. 2.5 X % Feedback Check My Work a. Revenues and expenses net out to calculate net income. Consider the impact on net income if an accrued expense is not recorded. b. Divide the omitted expense by the income amount.

Calculate: D where D=5.96, and r=0.029

solve it using this method: S2 = (((1+S1)*(1+F2))1/2 )– 1 S3 = ((1+S1)*(1+F3)) 1/3 - 1   P = 50/(1+S1)+50 / (1+S2) 2 + 1050 / (1+S3) 3    and find the value of p

Assignment: In the space at the right, type the best formula (or function) needed to perform the following computations. The first one has been done for you

for question 3b under step 3: There are two things to the power of n but then you plugged in two different n values. why is that? why is one of them to the power of 9?