Answer:
The amount of sales will be reported in the 20X1 consolidated income statement is $58,000
Explanation:
The computation of the amount of sales is shown below:
= Value of the entire inventory sold - purchased inventory + sale inventory
= $58,000 - $45,000 + $45,000
= $58,000
The purchased inventory + sale inventory would reflect the intra sales of the company which told that the sales are made within the company.
Answer:
Uhm what? is this the full question?
Explanation:
Uhm what? is this the full question?
The picture attached is not specific enough. Maybe you could elaborate on your question...
Answer:
True.
Explanation:
Implicit promises are those promises that are made but not clearly stated and thus is not understandable. Therefore, in advertisements that make implicit promises, very often the customers fail to analyze the complete message and return frustrated after their expectations are not met.
