Answer:
Consider the following explanation
Explanation:
If these error are nit corrected, the income before taxes be overstated by $ 35,000
.
As, Overstatement of Ending Inventory will affect the gross profit (Increase) by $ 25,000 and then understatement of Depreciation will further increase Net Profit by $ 10,000
Answer and Explanation:
Perfect competition is a competitive market where there is a very wide number of buyers and sellers who offer the same or similar goods with great product and service information. Furthermore, this sector has free entry and exit
So it is a perfectly competitive market, also it cannot influence the market price also there are price takers
Also the given statement is false as it represents the monopoly market not the perfect competition market
Technology today affects every single aspect of modern society. In fact, there isn’t an industry out there that hasn’t been affected by the hi-tech revolution.
Whether we are talking about transportation, communication, security, banking or healthcare, they all rely on technology in one way or another.
But nowhere is this immense impact more apparent than in the field of medicine and healthcare.
Technological breakthroughs are revolutionizing the way healthcare is being delivered.Modern technology has changed the structure and organization of the entire medical field.
From widespread adoption of electronic medical records, to advances in bio-medical engineering and technology, modern healthcare and its delivery methods are changing at an ever increasing rate. But what impact will these changes have on medicine and overall care delivery?
Answer:
is the amount that sellers are willing and able to sell at a particular price.
Explanation:
Quantity supplied refers to the amount of goods sold or supplied at a particular price by the sellers in the market. According to the law of supply, there is a positive relationship between the price of the commodity and the quantity supplied of that commodity.
This indicates that an increase in the price of the commodity will lead to increase the quantity supply of the commodity and a decrease in the price of the commodity will lead to decrease the quantity supplied of the commodity.
Answer:
Salesperson compensation
Explanation:
According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.
This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.
In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.
