Ending capital for the month = The month's beginning capital + Additional capital inflow for the month - additional capital outflow for the month
For example: if had $500 at the beginning of a month, you got a dividend of $100 during the month and also spend $50 on entertainment during the month, the ending capital would be 500 + 100 -50 = $550
Answer:
b. 2018 net income is overstated by $750
Explanation:
As the ending inventory is overstated the COGS will be understated thus, the income was overstate as well. Because the expenses reduced from the sales revenues were lower than correct.
Also we can deduct the same logic considering the accounting equation
Assets = liab + equity
if asssets are 750 higher than it should, then Equiy is higher as well
+750 = +750
Equity is affected for the net income and dividends. Thus, we can also conclude the net income is overstated by 750
Answer:
(D) Southwest Airlines views itself as operating in a devolving market.
Explanation:
If Southwest Airlines believes it is operating in a devolving or declining market it will not make efforts to generate customer information with a view to enhancing customer experience.
The actions of Southwest Airlines are consistent with a company in an evolving market where there are new opportunities to expand their customer base and grow returns on investment.
Explanation:
Increased employee satisfaction. The way a company treats its community says a lot about how a company treats its employees. ...
Improved public image. ...
Increased customer loyalty. ...
Increased creativityOther reports provide similar estimates, with Fortune Global firms spending around $20 billion a year on CSR activities (Meier and Cassar 2018), and more than 90% of the 250 largest companies in the world now producing an annual CSR report (KPMG 2017).
