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Dafna1 [17]
3 years ago
12

Risers inc. reported total assets of $1,800,000 and net income of $240,000 for the current year. risers determined that inventor

y was overstated by $18,000 at the beginning of the year (this was not corrected). what is the corrected amount for total assets and net income for the year?
Business
1 answer:
fiasKO [112]3 years ago
6 0
<span> <span><span> <span> <span>$1,800,000 and $258,000.

</span> </span> </span> </span></span>
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explain sustainable income. what relationship does this concept have to the treatment of discontinued operations on the income s
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A corporation needs sustainable income in order to cover all of its expenses in the long run.

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Sustainable income represents the after-tax gain or loss on the impact of operations on a discontinued segment of business for a period.

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4 0
1 year ago
Natalie is a skilled theater artist. She is offered a job as a manager in a bank with an annual salary of​ $30,000, and she has
lilavasa [31]

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a lot of competition from other artists that also have similar skills as Natalie.

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The problem that Natalie is facing is that there is too much competition in the theater industry and jobs are scarce. The supply of talented artists is much higher than the demand, therefore, she is only able to earn a small amount of money.

3 0
3 years ago
A social audit is a systematic assessment of employee happiness within a company.
olga_2 [115]

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Yes

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It will allow the company to understand key areas of improvement to make the work environment the best it can be for the people who work there.

5 0
3 years ago
Which of the following is a reason companies are hiring temporary workers more often than in the past?
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C temporary workers do not receive any benefits & it save the company money.
8 0
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Inventory may properly be stated above cost
pentagon [3]

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Explanation: Only in exceptional cases may inventories be stated above cost according to the Accounting Standards Codification. For instance, precious metals, which have a fixed monetary value with no substantial cost of marketing may be stated at its monetary value, which may be above cost; For agricultural, mineral, and other products that can be substituted for one another and have immediate marketability at quoted prices, it may be difficult to obtain appropriate costs leading to inventory being stated above costs.

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