Answer:
B. Cost of goods sold will be too low by $5,000.
Explanation:
Overstatement in closing inventory has two effects. First in income statement, that the cost of goods sold is decreased by the same amount that is overstated. Second is overstatement of Inventory value in the asset section of balance sheet. According to the given scenario The effect of this event should be as cost of goods sold will be too low by $5,000.
Answer:
The answer is: 10% constant growth rate
Explanation:
Since transportation stocks provide a 15% rate of return, TTT stock should also provide the same rate of return. We can expect to earn $9 (= $60 x 5%) every year from our investment in TTT stocks. We are receiving $3 as dividends, so the constant growth rate should equal the difference between the expected return minus the dividend payments:
- $9 - $3 = $6; $6 represents 10% of the current stock price
We can also calculate this with the following formula:
expected return rate = (dividends / price) + growth rate
15% = (3 / 60) + g
15% = 5% + g
10% = g
Answer:
Problem focused
Explanation:
A stressor is factor the causes strain or tension for the individual that is experiencing it.
There are different strategies that is used to solve stressful situations: avoidance, emotion-focused, problem-focused, withdrawal.
The problem focused strategy involves efforts aimed at removing or reducing the cause of a stressor.
In the given scenario Jason has financial hardship that results from less need from his services.
He focused on the solving the cause of the problem by contacting the other publishers and accepting additional projects to compensate for the lost income.
Answer:
<u><em>Statement of Payments</em></u>
Explanation:
<em><u>Statement of Payments</u></em> include veterans’ payments, welfare, and social security payments..
<u><em>Social Security Benefits </em></u>are payments made to qualified retirees, disabled persons, to their spouses, children and survivors etc.
<u><em>A statement of payments</em></u> is usually submitted with income tax return to receive the Senior Citizens'€™ Exemption.
Answer: a. an express warranty
Explanation:
An EXPRESS WARRANTY refers to spoken or written promises or guarantees made by the seller about the performance of a product when negotiating with a buyer.
For example, "this product is guaranteed against wear and tear for at least 2 years".
Roy Mustang in this scenario made an explicit promise about the effectiveness of the Stallion and as such that constitutes an EXPRESS warranty.
It is worthy of note that for Express Warranties, the word Warranty does not even need to be included for the promise to be a warranty.