Answer:
The correct answer is 156,000
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Answer:
When someone starts their own business, they do it because they firmly believe that they will succeed. Most of the time they are not thinking about what will happen if things do not work as planned. I believe that people that are afraid and believe that the possibility of failure is large, will never start their own business. Entrepreneurship is something that not everyone can do, and it takes a lot of guts to do it.
Answer:
Total Asset $2,381,500
Net income $298,500
Explanation:
Overstated Inventory Leads to the overstatement of Total Assets value and Net Income. Ending Inventory Value is added in the total asset balance, overstatement in ending inventory causes overstatement in total assets.
The Ending Inventory is also used in the calculation of Cost of Goods sold. Overstated Inventory will cause understatement in Cost of Goods sold and overstatement in Net Income.
To rectify its effect we will deduct the overstated value of Inventory from Total Asset balance and Net Income value.
Total Asset = $2,407,000 - $25,500 = $2,381,500
Net Income = $324,000 - $25,500 = $298,500
These procedures are considered <u>structural inhibitors</u>.
Lack of clarity may also avert effective crew collaboration. Without clearly described roles, timelines, and performance desires, group members do no longer recognize what is anticipated of them. They also regularly manipulate a couple of variations of the same records and reinvention of labor which can be a waste of time and effort.
Believe is one of the constructing blocks of high overall performance teams and proper collaboration. Without it, there's an absence of appreciation for one another's work and a disorder that erodes self-assurance and works in opposition to authentic collaboration.
The four approaches to Collaborating suggest, that there are four primary modes of collaboration: a closed and hierarchical community (an elite circle), an open and hierarchical community (an innovation mall), an open and flat community (an innovation network), and a closed and flat network (a consortium).
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Answer:
$2,580
Explanation:
The computation of inventory is shown below:-
The inventory is to be value through lower cost and market value
Inventory items Cost of Market value of lower cost and
inventories inventories market value
Bottles of Clean Z $540 $621 $540
(270 × $2) (270 × $2.30)
Boxes of Dye Z $2,380 $2,040 $2,040
(170 × $14) (170 × $12)
Total $2,580