Spend carefully use discounts monitor your spending create list on how much you spend etc.
Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".
Explanation: The understatement of the ending inventory balance causes:
<u>Cost of goods sold to be overstated and net income to be understated.</u>
Answer:
Let suppose the value of property is 100 dollars currently.
The price of a certain property increased by 10% in the first year, means the value of property at this point is (100 *1.1) 110 dollars.
In the second year the value of property decreases by 20% mean the value of property at this point is (110*0.80) 88 dollars, that is 80% of previous value determine.
In the third year the value of property increases by 25% mean the value of property at this point is (88*1.25) 110 dollars that is 25% more than previous value determine.
So in second year the value in dollars is 88 dollars.
Answer:
A) storage cost
Explanation:
Storage cost -
It is the amount spend on the maintenance of the storage or holding of the inventory .
From the question ,
The multinational company , Oreva , pays $100,00 per year to the It firm , i.e. , the information technology firm , so as to maintain and secure all of its data and storage .
hence , from the question ,
The correct term according to the information of the question is A) storage cost .
Answer:
107,027,000 is the total book value
Explanation:
So, you would start by adding 105,027,000 to 4,000,000 that gives you 109,027,000. Then you would subtract 109,027,000 and 2,000,000 that gives you 107,027,000
Therefore your answer will be 107,027,000