Answer:
C. Cost of Goods Sold: Understated, and Net Income: Overstated
Explanation:
The cost of goods can be defined as the amount that a business has to pay in other for them to get an inventory. the net income can be defined as the amount of money that is left from COGS and other expenditures that does not include taxes and payments of interest. Overstating the inventory causes the total amount of earnings to be overstated for that accounting period. while the cost of good sold would be understated
Answer:
Self-Verification
Explanation:
Self-verification refers to verify themselves by other peoples. How other people understand them based on their feelings, beliefs, etc. In other words we can say self views that also includes self concepts and self esteem
In the given situation, since it affects the perceptual process as we recognized that the employees have a good memory with respect to self concept and especially negative information
Air quality is deteriorating in developing nations as a result of rapid industrialization. Hope this helped, have a great day! :D
Answer:
$600,000
Explanation:
Patent is an intangible non current asset that may be amortized over the estimated useful life.
Given that Alatorre purchased a patent from Vania Co. for $1,000,000 on January 1, 2018 and the patent had a remaining legal life of 10 years, expiring on January 1, 2028
Annual amortization expense = $1,000,000/10 = $100,000
During 2020 ( the patent would have been amortized for 2 years), the accumulated amortization
= 2 × $100,000
= $200,000
The net book value then
= $1,000,000 - $200,000
= $800,000
If the economic benefits of the patent would not last longer than 6 years from the date of acquisition, it means it has a remaining useful life of 4 year from 2020.
Amortization for 2020 = $800,000/4 = $200,000
The amount of the patent net of net of accumulated amortization, at December 31, 2020
= $800,000 - $200,000
= $600,000
Major federal EEO laws have been enacted to prevent discrimination against groups of workers most often affected by unfair employment practices. these groups are referred to as protected classes.
<h3>What is
federal EEO laws ?</h3>
The U.S. Equal Employment Opportunity Commission (EEOC) can be described as the law that help to guide against the illegal things with regards to the discriminatation in job applicant or an employee.
It should be noted that Major federal EEO laws have been enacted to prevent discrimination against groups of workers most often affected by unfair employment practices. these groups are referred to as protected classes.
Learn more about federal laws at:
brainly.com/question/12486518
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