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Dominik [7]
3 years ago
8

Can someone please help me?????

Business
1 answer:
dimaraw [331]3 years ago
6 0

shareholders are entitled to transparency

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As a result of a thorough physical inventory, Horace Company determined that it had inventory worth $320,000 at December 31, 201
zimovet [89]

Answer:

The correct answer is option b) $367,000

Explanation:

Here for calculating the correct amount of inventory that Horace should report can be calculated through, by adding the inventory worth $320,000 at 31 December, 2015 with consignment given to Herschel worth $47,000, SO

Correct amount of inventory =

                        Amount of inventory on 31 December

                                                     +

                        Consignment given to Herschel

= $320,000 + $47,000

= $367,000

Here we are taking Herschel consignment in to account and that too at the historical purchase cost because Horace company has give the Herschel to sell the goods on his behalf but the transfer of ownership has not taken place here , the right to ownership here remains with the Horace and the amount at which they should be recorded is at purchase cost not selling cost.

We will also not include goods worth $ 22,000 in to the calculation because the Horace company has not received the goods physically yet, we will include those goods in to inventory on January 3 not before that.

3 0
4 years ago
Managers at the Blue Dragon Inc., an international company with operations in China and the United States, are often heard compl
Arisa [49]

Answer:

Explanation:

In order to effectively tackle this problem, Blue Dragon Inc. should vary its management processes and practices to account for these differences. By varying these processes and practices they are applying the best of both cultures into their company, thus allowing the companies in each country to better understand how the other one functions. This will drastically increase communication and cooperation between these two international company's.

4 0
4 years ago
Does minimum wage automatically increase as inflation or prices of goods increase?
Alexxandr [17]

Answer:

nope. prices have been going up alot in even just the past decade, and yet minimum wage is still $7.25

7 0
3 years ago
Completing team evaluations relies upon ____________ to be in place before the project begins.
alexandr1967 [171]
<span>Before entering the next project, a review must be in place to capture lessons that have been learned from the recent project. Management requires this to maintain quality output and further improve. A project profile is also done to document all that has transpired including costs, contracts, and customer feedbacks.  

Source: Project Management for Instructional Designers</span>
7 0
3 years ago
Read 2 more answers
2.<br>Is marketing always appropriate for political candidates? Why or why not?<br>​
Tpy6a [65]

Answer:

Yes, marketing always appropriate for political candidates.

Explanation:

Yes, marketing always appropriates for political candidates.

Political marketing is the process by which ideas are shared with the voters to gain their support. In political campaigns, the candidate uses modern marketing techniques including marketing research and commercial advertising to maximize votes.

5 0
3 years ago
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