Answer:
enjoying your work and being well compensated
Explanation:
Answer:
CD Certificate of deposit.
Explanation:
Is a type of savings account that has a fixed interest rate and fixed term of months or years. Is a financial product commonly sold by banks, trhift institutions, and credit union. Are similar to savings accounts in the way that they are insured "money in the bank"
In the dell case study, engineers working closely with marketing used lean software development strategies and numerous technologies to create a highly scalable, singular data mart.
<h3>What is Marketing?</h3>
This refers to the act of promoting a business or a good or service to the general public.
Hence, we can see that based on the Dell case study, there was the use of software development strategies to make and develop a highly scalable, singular data mart.
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In business, people often make choices. Opportunity Cost is the value of what must be foregone in order to undertake an activity.
<h3>
What is opportunity cost?</h3>
- The economists often refer to this type of cost as the amount or the value of the next highly rated alternative use of one's money or resource.
An example is when a person spend their time and money going to a shop, one cannot spend that time at cooking, and you even did not spend the money on other things.
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Answer:
a. Overstates Year 1 cost of goods sold.
b. Understates Year 1 net income
c. Understates Year 2 cost of goods sold
Explanation:
a. The formula for Calculating the Cost of Goods sold is;
<em>Cost of Goods Sold = Opening inventory + Purchases - Closing inventory.</em>
If the closing inventory is understated, it will reduced the amount being subtracted from Purchases and Opening inventory which would means that Cost of Goods sold will be overstated.
b. The Cost of goods sold is deducted from sales to give Gross profit. If Cost of goods is overstated, it will reduce Gross Profit higher than it should. A lower Gross Profit equates to a lower Net Income.
c. Going by the formula in <em>a;</em>
<em>Cost of Goods Sold = Opening inventory + Purchases - Closing inventory.</em>
In Year 2, the understated Year 1 closing stock will become the understated Year 2 Opening stock. With the opening stock understated, the Cost of goods will be understated as well because Opening stock is meant to increase Cost of goods sold as the formula shows. If it is understated, the amount that it will add will be understated as well.
