Cultural relativism is the concept that similar actions in different parts of the world have different meanings because the cultural interpretation of that action.
I think c because that is what I got
A person who organizes,
operates, and assumes the risk for a business venture is called an entrepreneur.
They are commonly seen as a business leader and innovator. Businessman sometimes
take advices from them.
Human labor is used in a Capitalist system in order to make products.
Answer:
See below
Explanation:
With regard to the above information,
1. Corrected cost of goods sold is computed as
= Cost of goods sold + Overstated ending inventories 2019 - overstated ending inventories 2020
= $1,322,900 + $106,470 - $36,820
= $1,253,250
2. Corrected 12/31/2020 retained earnings is computed as
= Retained earnings DEC 2020 - overstated ending inventories 2020
= $4,854,000 - $36,820
= $4,817,180
