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2 years ago

The understatement of the beginning inventory balance causes:__________.

Business

1 answer:

klemol [59]2 years ago

6 0

Answer:

D) Cost of goods sold to be understated and net income to be overstated

Explanation:

At the time when the beginning balance of the inventory is understated so there is a decrement in the cost of goods sold due to which there is a rise in the net income

Therefore in the given case at the time when there is an understatement of beginning inventory so there is a understated of cost of goods sold and the overstated of the net income

Hence, the option D is correct

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Name the currency that is used by 19 member states and 330 million people, though some politicians and economists are calling fo

xeze [42]

The answer to the question mentioned above is "the Euro".

Euro is the name of the currency that is used and by 19 members states and 330 million people, though some politicians and economist are calling for its retirement. This is the official currency of the Eurozone.

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3 years ago

When a consumer is being engaged with an immersive multimedia experience, the consumer is enjoying the _________ feature of e

kodGreya [7K]

Answer:

richness

Explanation:

Immersive multimedia is considered as a new way of looking at the information. It helps to create an environment where users can experience indirect and direct views which are created by computer software’s, graphics and sound. The experience of customers increases when immersive multimedia techniques are used and likewise, it helps to understand and experience complete features of e-commerce

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2 years ago

Which of the following is a feature of high-level code

Deffense [45]

Answer:

feature

Explanation:

Easier to read, write and maintain as commands are similar to English. Allow access to module libraries. Use data types and data structures, selection statements and repetition/iteration constructs. Use logic operators and functions that are built into the language.

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2 years ago

20. Anna reports the following income and loss: Salary$ 135,000 Income from activity A60,000 Loss from activity B( 35,000) Loss

Dmitry [639]

Answer:

Based on this information, Anna has the following suspended losses:

A) Activity B Activity C

$11,667 $18,333

Explanation:

a) Data and Calculations:

Income and Loss:

Salary $ 135,000

Income from activity A 60,000

Loss from activity B ( 35,000)

Loss from activity C ( 55,000)

The loss from activity B and activity C are reduced by the income from activity A in proportion.

Thus, the income from activity A reduces the losses in B and C:

Income from activity A $60,000

Activity B loss of $35,000 is reduced by $60,000 * $35,000/$90,000 = $23,333 to $11,667 ($35,000 - $23,333)

Activity C loss of $55,000 is reduced by $60,000 * $55,000/$90,000 = $36,667 to $18,333 ($55,000 - $36,667)

b) Note that the losses from activities B and C cannot be reduced by the salary income because both activities are passive sources of income and not active like salary.

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2 years ago

The third-party problem: a. occurs when a market activity leads to a negative externality.b. occurs when a market activity leads

Iteru [2.4K]

Answer:

The correct answer is letter "C": occurs when a market activity leads to a negative or a positive externality.

Explanation:

An Economic Externality is a cost or benefit paid or earned by a third party that does not have control over the factors that produced the cost or benefit. The third-party problem arises when whether negative or positive externalities affect individuals who are not involved in market activities.

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3 years ago