Answer:
B.overstatement of assets and an overstatement of owners' equity.
Explanation:
To recognize depreciation expense,the entries required are
Debit depreciation expense
Credit Accumulated depreciation
The accumulated depreciation is a credit balance in the fixed asset account. Depreciation is also an expense that reduces net income and thus reduces the owners equity.
Hence an mission of the adjusting entry to record depreciation expense will result in an overstatement of assets and an overstatement of owners' equity.
In a country with a high uncertainty avoidance majority of people have an increased level of anxiety about uncertainty and ambiguity
Answer: a. percentage change analysis.
B. Blue Hamster Manufacturing Inc.’s ability to meet its debt obligations has improved since its debt-to-equity ratio decreased from 0.60 to 0.38.
D. A decline in the inventory turnover ratio could likely be explained by operational difficulties that the company faced, which led to duplicate orders placed to vendors
Explanation:
1. The analysis which has to do with the calculation of the growth rates of all items from balance sheet and the income statement which is relative to a base year is referred to as the percentage change analysis.
2. The statements that can be included in the analysis report from the question include:
• Blue Hamster Manufacturing Inc.’s ability to meet its debt obligations has improved since its debt-to-equity ratio decreased from 0.60 to 0.38
• A decline in the inventory turnover ratio could likely be explained by operational difficulties that the company faced, which led to duplicate orders placed to vendors.
1. The importance of anti-virus software it to help prevent a virus (such as malware) from infecting the computer/electronic device and preventing the possibility of a security breach within the companies system. 2. Susan could have easily prevented this scenario from happening by paying attention to why she was supposed to, following the rules, and staying away from suspicious websites. 3. The ethical issues this scenario illustrates is the lack of attention employees have in the work place. 4. The company could lose valuable and confidential data within their program by hackers. 5. Companies could set up mandated reminders to their employees to keep track of their anti-virus software and make sure it’s up to date.
