Answer:
The correct answer is the letter b. “The cost of goods sold to be understated.”
Explanation:
In calculating its indirect profit rate, Brady Company no longer included a cost component. By dividing the total cost by the products sold, the cost of each individual product will be underestimated, this will underestimate all the production sold, meaning the costs of the products will appear to be lower than they really are, and your profits will appear to be higher than they really are.
Answer: $121
Explanation:
The question simply wants us to find the present value of receiving $100 investment two years from now at a 10 percent annual discount rate.
This can be easily solved as follows:
For the first year, the $100 will be worth:
= $100 + ($100 × 10%)
= $100 + ($100 × 0.1)
= $100 + $10
= $110
The worth at the end of the second year will then be:
= $110 + ($110 × 10%)
= $110 + $11
= $121
Answer:
The answer is Business Marketing.
Explanation:
Business Marketing is practiced by individuals and organizations alike. Business marketing is also known as Industrial marketing or Business-to-business (B2B) marketing.
This marketing involves commercial businesses, governments and institutions. In this practice, organization A sell their goods and services to other organization B rather than to the public, and organization B will in turn resell the goods and services.
Organization B can also use the goods and services to enhance their products as well.
This marketing method is a sure way to promote businesses, thereby improving profit.
An example of Business Marketing can be seen in the automobile industry where products from other businesses are used to make a car.
Another example can be seen when an office purchases supplies like coffee and stationery from another business.
Answer:
a i had the same question
Explanation:
Answer:
C. perpetual inventory system
Explanation:
Based on the information provided within the question it can be said that the controller is most likely to implement a perpetual inventory system. This is a system that documents transactions as they happen (stock coming in or going) completely autonomously and efficiently. This would save time and money by strengthening internal control over the accounting for materials.