Answer:
B. Cost of goods sold will be too low by $5,000.
Explanation:
Given that
Ending inventory overstated in the current year by $5,000
And, the net income is incorrectly reported $100,000
So, due to this error
The cost of goods sold is understated by $5,000
And, the net income is overstated by $5,000
Since the cost of goods sold is understated by $5,000 so it would be too low due to which the net income overstated by $5,000
It is important for bob to keep the receipt and record in the register so he can monitor how much money he has in the account.
This type of efforts is very important for people who are serious in controlling their budget. Keeping the receipt would help bob prevent himself from taking more money that his budget. It also help bob in identifying the difference during bank reconciliation.
The proce-dure for project crashing consists of the follow-ing five steps : -Prepare a CPM-type net-work diagram, -Deter-mine the cost per unit of time (assume days) to expedite each act-ivity, -Com-pute the critical path and -Short-en the critical path at the least cost.
<h3>What is project crashing?</h3>
Project crashing in project manage-ment is a method used to speed up a project's time-line by adding add-itional resources with-out changing the scope of the project.
Project crashing is a schedule com-pression technique. It's most often used when a project man-ager wants to speed up the process to ensure the comp-letion of a project on time or ahead of its original sche-dule with-out changing its scope.
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Answer:
P0 = $60.23475 rounded off to $60.23
Explanation:
To calculate the market price of the stock today, we will use the two stage growth model of DDM. The two stage growth model calculates the values of the stock today based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [(D0 * (1+g1)^n * (1+g2)) / (r - g2)] / (1+r)^n
Where,
- g1 is the short term growth rate
- g2 is the long term or constant growth
- r is the required rate of return on the stock
P0 = 2.15 * (1+0.30) / (1+0.11) + 2.15 * (1+0.30)^2 / (1+0.11)^2 +
2.15 * (1+0.30)^3 / (1+0.11)^3 + [(2.15 * (1+0.30)^3 * (1+0.04)) / (0.11 - 0.04)] / (1+0.11)^3
P0 = $60.23475 rounded off to $60.23
Answer:
selling transforms the goods into money, but marketing is the method of serving and satisfying customer needs. The marketing process includes the planning of a product's and service's price, promotion and distribution.