When Raphael Corp. incorrectly mentioned an expense of equipment addition instead of capitalizing the effect of the same, then in such case, the net income of the company is understated in the financial statements.
<h3>What is net income?</h3>
The income which is left at the end of an organization at the end of a financial period after making all the regulatory and compliant payments and deductions, such as taxes and depreciation, it is known as net income.
Hence, the significance of net income is aforementioned.
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The answer to your question is true
Answer:
Yes, Dealer could collect damages from GM because basically GM breached the contract. Any time a contract is breached, the non-breaching party can sue. But the real question here is what amount could the court assign to Dealer as compensation for damages incurred. If you want to rephrase this question, it would be: What damages did Dealer suffer due to GM's breach.
If the damages are not significant, then the court will probably assign some amount for nominal damages. To be honest, the greatest expenses here are actually the legal costs of the lawsuit. Unless Dealer can prove that assigning the contract actually hurt them (which I doubt), then the court will assign a small amount. Sometimes nominal damages can be very small and mostly symbolic, e.g. $1.
Green Marketing is a marketing strategy that supports environmental stewardship, thus creating a differential benefit in the minds of consumers.
Green marketing is the advertising and marketing of merchandise that are presumed to be environmentally secure. It incorporates an extensive variety of activities, inclusive of product amendment, changes to the manufacturing system, sustainable packaging, as well as enhanced advertising.
But defining inexperienced advertising is not an easy project where numerous meanings intersect and contradict every different; an example of this can be the life of varying social, environmental, and retail definitions attached to this term. different comparable terms used are environmental advertising and ecological advertising.
Green, environmental, and eco-advertising is part of the brand new marketing strategies which do no longer just refocus, adjust or decorate current marketing thinking and exercise, however, are trying to find to undertaking the one's strategies and offer an extensively distinct angle.
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Answer: False
Explanation:
Forecasting Costs and Initial outlays are generally just as hard to predict as Revenue Forecasts. The future is hard to predict and does not differentiate between Costs and Revenues and in the case of Larger Projects, it is EVEN HARDER to forecast costs as their costs could widely deviate from initial estimates once they begin.
Take for example large scale government projects with the Berlin Brandenburg airport being a shinning example. It was supposed to open in 2012 but has still not opened till today and is billions of Euros off the initial cost projection.
