1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ArbitrLikvidat [17]
2 years ago
7

bramble reported total asset s of and net income of for the current year. what is the corrected amount for toal assets and net i

ncome for the yeqr
Business
1 answer:
nika2105 [10]2 years ago
5 0

Answer:

Total Assets

Inventory is understated by $59,300 at the end of the year which means that assets are understated by the same amount.

To rectify this therefore you;

= 6,395,000 + 59,300

= $‭6,454,300‬

Net Income

When closing inventory is understated, it will have the effect of understating income and when opening inventory is understated, income will be overstated.

This means that the income for the year is overstated by $139,000 but understated by $59,300.

Corrected income is;

= 500,000 - 139,000 + 59,300

= $420,300

You might be interested in
This is a receipt for a purchase made at a restaurant in
zepelin [54]

Answer:

10.00 , .85 , 8.5

Explanation:

5 0
3 years ago
Read 2 more answers
Which of the following is an incorrect way to avoid struck-by rolling hazards?
finlep [7]

The answer is: A.Position a worker to signal you when operating a vehicle in reverse gear without audible forward alarm

When operating vehicle in reverse gear, the operator cannot always see whether the worker who gives the signal able to see the moving vehicles or not.

Which is why an audible sound for moving vehicles is needed so the other workers could notify the location of your vehicles and avoid themselves from being crushed.

3 0
3 years ago
Read 2 more answers
Trackanddeliver.com is an online retail store that does not require a fixed delivery location and delivers goods to the current
My name is Ann [436]

Answer:

E. functional innovation

Explanation:

Functional innovation -

It is the method by which the any problem is solved by using creative and innovative method , is known as functional innovation.

This method is adapted by organisation for stand apart in the competitive market , by using new , innovative and creative methods.

Hence , from the question,

Trackanddeliver.com deliver the product to the peoples exact location , uses the method of functional innovation.

8 0
3 years ago
Bo Borg is the vice president of purchasing for Crater Corp. He has authority to enter into purchase contracts on behalf of Crat
g100num [7]

Answer: Crater will be bound because of Borg's apparent authority.

Explanation:

Crater Corp. will be bound to the contract since Bo Borg has the apparent authority as the acting Vice President of purchasing. Even though he went over the agreed amount that was over 2 million in the contract. Since the Shady company was unaware that he had exceeded his authority the contract will stay in place. If Shady company had of known that he did not have the final say and needed approval the result of the transaction would of been different.

7 0
3 years ago
What is marketing as a source of data​
masya89 [10]

Answer:

Primary data sources include information collected and processed directly by the researcher, such as observations, surveys, interviews, and focus groups. Secondary Data Collection. Secondary data sources include information retrieved through preexisting sources: research articles, Internet or library searches, etc. Exmaple of preexisting sources modern is something named 'remarketing'. What makes remarketing different from standard Display and Search advertising which is used in a targeting collation.

Remarketing consists of using a special tracking code to place cookies on the browsers of people visiting your website, and then serving ads to those with that cookie, specifically, on the Display and Search network. It can be a very powerful component of a PPC campaign.

The main point with remarketing is that you want to find those people who have shown enough interest in your products or services to visit your website. These people are more likely to perform whatever activity you’re considering a conversion compared to people who have not yet been to your website.

Explanation:

PPC = Pay per click

3 0
3 years ago
Other questions:
  • leaders in the industrialized world see booming populations in the least industrialized nations as a threat to: a= the continued
    12·2 answers
  • Consider a hypothetical closed economy in which households spend $0.60 of each additional dollar they earn and save the remainin
    6·1 answer
  • Petra's Programming competes on cost with WonderWeb in the web design industry. Both firms operate on a 90 percent learning curv
    13·1 answer
  • Assume you’ve got terrific credit: What would be your likely APR for purchases or balance transfers?
    7·1 answer
  • had the following balances and transactions during​ 2018: Beginning Merchandise Inventory 10 units at $74 March 10 Sold 7 units
    13·1 answer
  • Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors
    5·1 answer
  • What is an example of a comparative advantage of Mexico over the United States?
    15·1 answer
  • When production is characterized by opportunity costs, the resulting production possibilities frontier will be a straight line.
    15·1 answer
  • friedman and phelps suggested that there should not be a stable relationship between inflation and unemployment, but there shoul
    9·1 answer
  • Discuss 4 contributing factors that lead to poor service delivery. and corruption​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!