Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.
Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.
If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.
Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.
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Answer:
the correct answer is D
Explanation:
Test marketing is a process used to test consumer reactions about a product among potential users.
good luck
Answer:
Explanation:
Using future annuity formula
Fv = Pmt ( (1+r)ⁿ -1 )/ r
+ 1 = (1+r)ⁿ
In ( + 1) = n In ( 1+r)
n = In ( + 1) / In ( 1 + r)
FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n = number of years
n = 0.7297 / 0.11172 = 6.53 years approx 7 years
the last year payment will actually be less than $1,100
Answer:
C
Explanation:
that makes sense more shdjdjjd
Answer:
14.57%
Explanation:
A stock has a beta of 1.4
The expected return is 18%
The risk free rate is 6%
Therefore, the expected return on the market portfolio can be calculated as follows
18%= 6% + 1.4(market return-6%)
18%= 6% + 1.4market return - 8.4
18%= 6-8.4 + 1.4market return
18%= -2.4% + 1.4market return
18%+2.4%= 1.4market return
20.4= 1.4market return
market return= 20.4/1.4
= 14.57%
Hence the expected return on the market portfolio is 14.57%
