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Gelneren [198K]
3 years ago
11

What is the maximum price that government allows sellers to charge

Business
1 answer:
oksian1 [2.3K]3 years ago
4 0
I think it's called a price ceiling. At least, that's what I think it is.
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Guns R Us overstated its ending inventory in the current year by $5,000. The company incorrectly reported $100,000 of net income
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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

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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

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Answer:

The correct answer is b. A team member can work on several projects.

Explanation:

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3 years ago
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