Answer:
The answer is: E) $552,000
Explanation:
The inventory balance of Sunrise Company is overstated since it shouldn't include;
- $98,000 of merchandise that will not be received until January 2.
- $4,000 of merchandise from another company held on consignment.
Inventory balance 0 $654,000 - $98,000 - $4,000 = $552,000
Answer:
A- removing frills from products
Explanation:
competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices.
In this case, removing frills creates better value to the consumers.
Explanation:
The preparation of bank reconciliation is presented below:
Crane Company
Bank reconciliation statement
July 31, 2022
Particulars Amount Particulars Amount
Bank cash balance $9,222 Company cash balance $9,328
Deposits in transit $3,763 Collections $2,120
Less: Outstanding Less: service fee -$53
Check -$1,590
Bank balance Company balance
After reconciliation $11,395 After reconciliation $11,395
Answer:
Individual
Explanation:
In the new global environment, relativism has been given equal consideration. Everyone has their own beliefs and thought procedure and they must be respected. Theo is an individual relativist that means that he believes everyone must make their own ethical rules and they should follow those rules. If he feels that gay marriages should be legal at the same time he knows that other people might feel different this is individual relativism.
The economy is about "the production, distribution, and consumption of goods and services" also along with money.
The key components of the economy are:
- Production.
- Distribution
- Consumption.
These three elements drive the flow of money within an economy. Let's see:
- The goods are produced as per the needs and demands of the people where people work to earn wages, salaries, profit, etc.
- This stage is followed by <u>the distribution of these goods across different regions</u> and areas.
- Lastly, these goods are purchased by their final users for consumption and their income earned from firms return to them again(circular flow of income).
Therefore, <u>option B</u> states a true claim about the elements of an economy.
Learn more about 'Economy' here: brainly.com/question/2421251