Answer:
1.Cost of Goods Sold Increase by $70,000
2.Gross Profit and Net Profit decrease by $70,000
3.Inventory in balance sheet decrease by $70,000
Explanation:
IAS 2 requires inventory to be measured at the lower of cost or net realizable value.
In our case the inventory will be valued at net realizable value of $230,000 because this is lower.
The effect with this is :
1.Cost of Goods Sold Increase by $70,000
2.Gross Profit and Net Profit decrease by $70,000
3.Inventory in balance sheet decrease by $70,000
Answer:
good
Explanation:
because soemtimes you be in a bad place and you gotta get better
Answer:
They are: business, marketing, accounting, project management, and human resources.
Hope it helps...
He said that he was going to <span>provide consulting services for small businesses that ask for it for free</span>
An eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service: TRUE
<h3>
What is unpaid leave?</h3>
- Unpaid leave is time away from work during which an employee keeps their job but is not paid.
- Employees in the United States are permitted to take unpaid absences for the following reasons: self-care involves a significant health condition.
- There's a family emergency.
- Parental leave for childbirth or adoption.
<h3>Purpose of Family and Medical Leave Act:</h3>
- Under the Family and Medical Leave Act, an eligible employee may take unpaid leave for family or medical reasons, or under certain circumstances, for military service.
Therefore, the statement "an eligible employee may take unpaid leave under the Family and Medical Leave Act for family or medical reasons, or in certain situations for military service" is true.
Know more about the Family and Medical Leave Act here:
brainly.com/question/4014104
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