Answer:
D. best-case scenario.
Explanation:
This is true because, there are two scenarios involved in the production- Jimenas' company's production method and Spicy Sides company's method. She is trying to compare the two production methods and comes up with the best case scenario that leads to low cost of production.
Answer:
B net income is overstated, assets are overstated, and stockholders' equity is overstated
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.
Answer:
Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.
Explanation:
Answer:
An information search.
What is information search?
is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.
Answer:
$9,000
Explanation:
Beg. Cash Balance $15,300
Cash Collections +$435,000
Cash Available $450,300
Less Cash Disbursements:
Direct Materials ($80,000)
Direct Labor ($32,000)
MOH ($25,000)
Operating Expenses ($110,000)
Capital Expend. ($200,000)
Cash Excess $3,300
Borrow +$9,000
Ending Cash Balance $12,300