Answer:
-$28,200
Explanation:
when the inventory closing balance is overstated, the cost of goods sold is understated and as such the net income which is posted to the retained earnings will be overstated.
For the overstatement of depreciation, the net income will be understated by the same amount.
The reverse is the effect on net income for these items where the misstatement is otherwise.
Retained earnings adjustments required on January 1, 2022
= -$60,000 + $25,700 + $12,500 - $6,400
= -$28,200
Answer:
Correct Answer:
d) The company's strategic intent, the type of competitive strategy it is employing, the company's code of ethics, and the company's approach to compensating and rewarding employees
Explanation:
This is not something to look to in order to identify features of a company's corporate culture.<em> This is because, their competitive strategies it employs in business could vary from their culture due to the nature of the business they are engaged in.</em>
Answer: The cost of using a statistical quality control system is properly characterized in a Cost of Quality (COQ) report as a(n):
Answer:
a. Increased education adds to the stock of human capital,not unlike building factories adds to the stock of physical capital.
Explanation:
Of all the option only option A is correct that is Increased education adds to the stock of human capital,not unlike building factories adds to the stock of physical capital.
The statement means that educated humans are like human capital and increase in education increase human capital. Same like building factories adds to stock of physical capital.