Answer:
$28,000
Explanation:
When closing inventory is understated during an year, it would lead to understated profits during the year i.e understated net income for the year 2018.
So, correct pre tax income for 2018 would be,
= reported pre tax income + the amount by which closing inventory was understated
= $25,000 + $2000 = $27000
Now, since the same closing inventory would become the opening inventory for 2019, this means, the opening inventory for 2019 was understated.
When opening inventory is understated, it would lead to inflated net income for the year 2019. Thus, the extent by which the inventory has been understated has to be reduced from the reported pre tax profits for the year 2019.
Hence, correct pre tax income for 2019 would be,
= $30,000 - $2000 = $28000
Answer:
5.784%
Explanation:
PV = $91000
PMT = -$1750
N = 60
FV = $0
<em>Using the financial calculator to solve for I/Y</em>
Interest yield = CPT I/Y(91000, -1750, 60, 0)
Interest yield = 0.00482
Interest yield = 0.482%
Highest rate APR = 0.482%*12
Highest rate APR = 5.784%
So, assuming monthly compounding, the highest rate i can afford on a 60-month APR loan is 5.784%.
Answer:
State orientation
Explanation:
The state orientation is the term which is defined as the inability of the person to regulate the behavior, emotions and thoughts. In short, it means that the individuals or the person unable to modify their state of mind, their uncertainty, dejection, anxiety and confusion.
Under this scenario, Jean who whenever accompany their friends on shopping, she could not able to resist herself from buying the products on sales and spend a lot more than budget, so, it could be concluded that she is state orientated.
a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness
Answer:
Option C is correct one.
Average total cost is flatter than the short-run average total cost.
Explanation:
In a long run there is no distinction between normal absolute expense and normal variable expense. The distinction between the normal expense and normal variable expense is the normal fix cost which diminishes as amount increments. Since quite a while ago run ATC can be biggest equivalent to short run normal cost bend. Therefore ATC is compliment than the short run normal all out expense.
