Answer:
The correct answer is: Net Income would be overstated and Balance Sheet liabilities would be understated.
Explanation:
The Income Statement is a report that measures a company's financial performance over a specific accounting period. The Income Statement is also known as the Profit & Loss Statement and Earnings Statement. The Income Statement reflects the company's <em>revenues and expenses</em> during a certain period.
Thus, <em>if deferred interest is not recorded in the Income Statement, the Expenses and Liabilities will be understated and the Net Income would be overstated</em>.
Arnold is functioning in a <u>managerial</u> position at Galbrook Manufacturing.
<u>Explanation:</u>
A non-managerial executive job is to look at the everyday tasks of the workers. Management jobs are those professions where the job responsibilities are to accomplish things through other people's work, instead of doing the primary oneself.
An Effective Manager is the one who is committed to working efficiently together with the staff, out of respect for the organization's good will and target achieving strategy. This post always show some real respect and kindness for the employees under post.
The answer to this question is SALLIE MAE. Sallie Mae or SLM is a consumer banking company. This is formerly known as the <span>Student Loan Marketing Association. </span>It is actually run by the government which provides services for federal education loans. In this federal education loans, this includes the trade of student loan debt.
Answer:
Change in the political factors can affect business strategy because of the following reasons: The stability of a political system can affect the appeal of a particular local market. Governments view business organizations as a critical vehicle for social reform. ... Government actions influence the economic environment.
Explanation:
The market demand curve is used to show the summation of the individual demand curves that are in a given market.
This is an incomplete question and I'll explain the <em>demand curve</em> and give you an idea on how to answer the question.
The market demand curve is used to show the summation of the individual demand curves that are in a market. The<em> market demand curve</em> shows the quantity demanded of the products at various prices.
In order to draw the graph, the <em>price </em>will be on the vertical axis, the <em>quantity demanded </em>will be on the horizontal axis.
It should also be noted that a shift to the right of the <em>demand curve</em> implies that there's an increase in the <em>demand </em>for a product while a shift to the left implies that there's a reduction in the demand for a product.
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