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kirza4 [7]
3 years ago
10

Q-mart failed to include inventory that was kept in a separate warehouse in its 12/31 end-of-the-period inventory count. Consequ

ently, the ending inventory on 12/31 was understated on the balance sheet. Explain how this error affects the current year's income statement. (Check all that apply.)
Business
1 answer:
Sindrei [870]3 years ago
3 0

Answer:

Total assets and Total equity will be this year's understated.

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Interest rates on a loan provide what key information?
vesna_86 [32]

Answer:

d

Explanation:

i just took the test my gee

6 0
3 years ago
uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost for
OLga [1]

Answer:

$11,026 Favorable

Explanation:

The computation of the  spending variance for plane operating costs in November is shown below:

= Budgeted cost -  Actual cost

= [(84 × $3,160) + (252 × $18) + $593,00] - $318,250

= $329,276 - $318,250

= $11,026 Favorable

5 0
3 years ago
Examples of transaction costs include ​(check all that​ apply): A. the cost of the externality. B. the cost of monitoring an agr
Paha777 [63]

Answer:

The correct answer is option B, C, and E.

Explanation:

Transaction cost refers to the cost incurred on resources and time necessary for facilitating exchange of goods and services.

Among the given options, the examples of transaction cost is cost of monitoring an agreement, the cost of drafting a contract or agreement, and the time required to negotiate an agreement.

All these costs are incurred in order to facilitate exchange of goods and services.

The problem of externalities can have efficient private solution if these transaction costs are low otherwise the governement has to intervene to efficiently allocate resources.

3 0
3 years ago
Strategic management is about formulating strategies that align an organizations internal capabilities with external opportuniti
dexar [7]

Answer:

Mark Parker has been very effective as a strategist for the following reasons:

Explanation:

  1. He has been able to keep Nike's brand equity.
  2. His policies on HR has generated an effect which translated to increased motivation for his employees to commit to the attainment of the company's objectives
  3. A strategist must be able to make plans and execute them. Nike's strategy is a customer-centric one. Mark was able to, regardless of the economy, ensure that Nike's products were consumer-centric and that the business units in charge of each aspect of Nike's operations were able to deliver their best.

Cheers!

7 0
3 years ago
The rule of 70 applies in any growth-rate application. Let’s say you have $2000.00 in savings and you have three alternatives fo
vekshin1

Answer:

(a)70 years

(b)23.33 years

(c)8.75 years

Explanation:

According to the Rule of 70, for a given interest rate x, funds double in \frac{70}{x} years.

(a)For a savings account earning 1% interest per year,

The number of years it will take the fund to double= \frac{70}{1} =70 years

(b)For a U.S. Treasury bond mutual fund earning 3% interest per year.

The number of years it will take the fund to double= \frac{70}{3} =23.33 years

(c)For a stock market mutual fund earning 8% interest per year.

The number of years it will take the fund to double= \frac{70}{8} =8.75 years

3 0
3 years ago
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