Answer:
Report a prior period adjustment decreasing retained earnings by $1,365,000.
Explanation:
Going by the question we can derive that $2,100,000 is the prior period's warranty. Consequently, it will be charged to the current year's earnings following the deduction of tax, 35%.
(2,100,000 *65) /100 = $1,365,000
This above calculation is so because Under the accrual basis of accounting...operating expense are reported on the income statement in the particular period when they took place or when they expire
Russian and Japanese Europe are interested in international managers: global control refers to the control of commercial enterprise operations in an employer, running in more than one country. global control has a whole lot of blessings.
International managers continually should arrange their commercial enterprise to evolve to neighborhood necessities of all international locations. firstly, they need to create a command hierarchy that involves human beings operating in multiple countries. Then, they must adhere to the local laws and guidelines of the nations they operate in.
It takes a wide range of know-how to be an international manager. They ought to have a complete historical past and aggressive intelligence in marketing, income, finance, and human sources. high-quality networking and pass-cultural communique abilities also are important.
International managers make a contribution with their cultural skills and knowledge of international economics, trade, governments, contracts, markets, and finance to ensure an organization's front into worldwide markets is aligned with its desires and goals.
Learn more about international managers here: brainly.com/question/24553900
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Answer:
You open up too easily
Explanation:
Keep your guard up and stop trusting everyone on brainly
Answer: The contracting of physical distribution tasks to third parties who do not have managerial authority within the marketing channel is known as outsourcing.
Explanation: Outsourcing can be a great move for many companies because often times they are able to receive the product cheaper through cheaper labor or have a supplier that focuses on just that one thing develop it better. Outsourcing allows someone who is better skilled in a particular area make a good or act on a service rather than the initial company.
Answer: Please see answer in the explanation column
Explanation: A T- account resembles a tshape that shows a representation for financial records using double-entry bookkeeping, when it involves different accounts like asserts and liabilities, debits to liabilities decrease the account while credits increase the account. The contrary is true for assets
first T-account
.a) <u>Assets | Liabilities</u>
Reserve: +$2000 Deposit: +$2000
b)
<u>Assets | Liabilities</u>
Reserve $400 Deposit=+$2000
Loans: .+$1600
Where required reserve ratio is 20% ie 0.02 x 2000= $400
The bank will keep $400 as reserve and can only loan out $1600
Deposited in another bank as
<u>Assets | Liabilities</u>
Reserve $1600 Deposit=$1600
