Answer:
Correct option is New product strategy
Explanation:
Environmental scanning is a process that systematically surveys and interprets relevant data to identify external opportunities and threats. An organization gathers information about the external world, its competitors and itself. The company should then respond to the information gathered by changing its strategies and plans when the need arises.
<span>Drinking
coffee DO NOT decrease the chances of an alcohol overdose. Only the
passage of time can decrease the overdose. The human body cannot take up a
high percent of alcohol that is why most people who get drunk by alcohol ended
up either vomiting or passing out. Alcohol dampens the nerves that regulates
involuntary action such as gag reflex and breathing. There is danger in
vomiting since the person can be choked which lead to asphyxiation to a person
who is unconscious and could result to death. When a person passes out, it’s
BAC or blood alcohol concentration rises. Even if the person stops drinking, alcohol
in the system continues to circulate in the stomach and in the intestine that
is why it is not safe to assume that a drunk person is better of sleeping to
make it go away.
</span>
Answer:
Net income: Understated
Total assets: Understated
Total liabilities: No effect
Total stockholders' equity: No Impact
Explanation:
Net income will be understated, because, revenue was not accrued.
Total assets will also be understated, because accrued revenue is not recorded in the current assets, thus total assets will be lowered in total.
Answer:
c. $50,000.
Explanation:
Depreciation: The depreciation is a non-cash expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement.
The computation of the depreciation expense under the straight line method is shown below:
= (Original cost - expected salvage value) ÷ (estimated life of the equipment)
= ($360,000 - $60,000) ÷ (6 years)
= ($300,000) ÷ (6 years)
= $50,000
In this method, the depreciation is same for all the remaining useful life