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choli [55]
2 years ago
4

Suppose windell corporation understates its ending inventory amount. What effect will this have on the reported amount of net in

come in the year of the error?.
Business
1 answer:
RUDIKE [14]2 years ago
5 0

If windell corporation understates its ending inventory amount, it will have an understated net income.

<h3>What is Understate net income?</h3>

Companies can overestimate earnings in the future by understating them now, giving themselves a buffer for future bad trade periods and projecting a sense of stability. In order to satisfy investor and analyst demands for extremely consistent and predictable earnings, accounting cushions are used.

If ending inventory is overstated, net income will be understated as well. The cost of goods sold, which is an expense, will be inflated if the ending inventory is overstated. Net income will therefore be understated.

Learn more about Understate net income, from:

brainly.com/question/17193426

#SPJ1

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1) You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scar
kati45 [8]
A)Money is the scarce resource because you only have enough for buying one thing.
B) movie or pizza
C)?
8 0
3 years ago
The marketing managers of Havtol Inc., a food products company, created a dedicated software system to receive customers’ feedba
jarptica [38.1K]

Answer:

A) web survey system

Explanation:

A web survey system is used to create a database with the customers' stored answers to the questionnaire. That database can be processed by statistical software to provide analytical information about Havtol's customers, the products they prefer and other relevant information (depending on what the questionnaire was about).

5 0
3 years ago
Tri Fecta, a partnership, had revenues of $362,000 in its first year of operations. The partnership has not collected on $46,400
OverLord2011 [107]

Answer:  $185,500

Explanation:

Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed

                                 = $362,000 - $46,400 + $42,000 + $30,000

                                 = $387,600

Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance

                                          = $200,000 - $38,600 + $28,100 + $2,700 + $9,900

                                          = $202,100

Ending cash balance = Total cash received - Total cash disbursement

                                   = $387,600 - $202,100

                                   = $185,500

8 0
4 years ago
Karl and Kara own a business that specializes in providing outdoor adventure experiences for tourists. They employ a staff of ei
Ganezh [65]

Answer: Needs assessment

Explanation:

Your question isn't well written as you've already given the answer to the question which is needs assessment.

A needs assessment is used for determining the needs as well as addressing the needs between the present conditions and the desired conditions.

The main purpose of needs assessment is in order to know the people whom are in need and the types of needs.

7 0
3 years ago
For a restaurant to be able to offer mixed beverages to go, which of the following are true?
kifflom [539]

A restaurant can sell mixed beverages if they fulfill these requirements: A. It must be accompanied by a food order. B. Beverage must be in a sealed tamper-proof container. C. There is no alcohol/food ratio.

What is a Mixed beverage?

A mixed drink, caterer, or special occasion license holder must provide or sell one or more portions of a beverage made all or portion of an alcoholic drink in a sealed or unopened container of any permitted capacity for personal consumption were served or sold.

Any restaurant in this business must fulfill all the conditions to be able to sell mixed beverages as requested by the legal authorities.

Hence, the correct option is D. All of the above.

To learn more about mixed beverages, refer to the link:

brainly.com/question/17645986

4 0
3 years ago
Read 2 more answers
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