a ceo decides to change an accounting method at the end of the current year. the change results in reported profits increasing by 5% but the company's cash flows are not changing. if capital markets are efficient, then the stock price will:

The stock price will not be affected by the accounting change.

Explanation:

Since it is assumed that the capital markets are efficient, the stock's market price is expected to reflect all available and relevant information.  This implies that all the necessary information is already incorporated into the stock price.  The CEO cannot deceive the market through this change in accounting method.  Therefore, the stock price will not be undervalued or overvalued.  Moreover, the change in accounting method only shifts the timing for reporting income.

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.