Answer:
$5,000 ; $2,550
Explanation:
The computation is shown below:
For net income in year 1
= Reported net income + overstated inventory amount
= $3,000 + $2,000
= $5,000
For net income in year 2
= Reported net income - understated inventory amount
= $3,000 - $450
= $2,550
Therefore, the net income in Year 1 and in Year 2 is $5,000 and $2,550 respectively.
And what do you mean by TFC?
The Trilateral Frigate Cooperation?
Takes money to make money so somethings starting off that also how good are the employees in the first place? is it worth $20? why not $15 and get 2 helping hands depending on the size of your business and the payment plan for your building.
Answer:
a. Current ratio
Explanation:
Current Ratio is the least likely to be affected
The Current Ratio is given as
Current Ratio = [ Current assets ] ÷ [ Current liabilities ]
Now,
Building a new plant is a fixed asset for the company.
Thus, It will add to the Fixed assets
Since,
The Formula for current ratio is independent of the fixed assets
Therefore,
It will be least affected.
While,
Debt to equity ratio = [ Debt ] ÷ [ Equity ]
Debt to asset ratio= [ Total Debt ] ÷ [ Total Assets ]
Net fixed assets to total assets = [ Net fixed assets ] ÷ [ Total assets ]
in all the above relations, fixed asset will change the value of the total assets.
Hence,
They all will be affected
Answer:
b. Increase by $2.20
Explanation:
Economic Surplus is the total benefit to society from production.
If an additional unit is produced the additional cost will be $79.40 and it will the additional benefit of $81.60.
So the surplus = benefit - cost = $81.60 - $79.40 = $.2.20
They are marginal quantities (change made by additional unit) so everything has been taken into account for the deriving of change to surplus.
The answer in the space provided is carrying capacity as this is what is being threatened in the scenario above because the carrying capacity is a way of establish what the environment can hold or provide with a limited amount of people and when if there is a presence of population growth that is high, it could be threatened.
