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
hoa [83]
3 years ago
9

Oriole Inc. reported total assets of $6392000 and net income of $500000 for the current year. Oriole determined that inventory w

as understated by $137000 at the beginning of the year and $58900 at the end of the year. Ignoring income taxes, what is the corrected amount for total assets and net income for the year
Business
1 answer:
Likurg_2 [28]3 years ago
8 0

Answer:

Income = $421900

Assets = $6450900

Explanation:

Given below are the following calculation:

The net impact of assets = 137000 - 58900 = 78100

Deduct this amount from current year income = 500000 - 78100 = $421900

When closing stock is understated by 58900 then total assets value will decrease so add this amount = 639200 + 58900 = 6450900

You might be interested in
Which of the following choices is not considered a revenue producing business enterprise?
exis [7]
<span>b. public schools is the answer i did the test.</span>
3 0
3 years ago
The roles and responsibilities of hrm professionals have evolved primarily because?
PIT_PIT [208]

Human resource management tasks and responsibilities have developed largely as a result of two important factors: (1) firms' identification of workers as their ultimate resource and (2) changes in legislation that overturned many conventional practices.

Human resource management is  mostly the practice of recruiting, hiring, the deployment, and  managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR).

HRM has changed dramatically over the previous two decades, making it an even more vital position in today's enterprises. HRM used to involve processing payroll, sending birthday presents to staff, organizing corporate trips, and ensuring forms were completely filled out, in other words, more of an administrative duty than a strategic position critical to the organization's success.

Therefore, human resource management duties and responsibilities have primarily evolved as a result of two key factors: (1) enterprises' identification of workers as their ultimate resource and (2) legislative developments that have reversed many traditional practices.

To know more about hrm click here:

brainly.com/question/10583893

#SPJ4

6 0
2 years ago
Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few man
Dvinal [7]

The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.

<h3>Who is a manager?</h3>

It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.

In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.

In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.

Learn more about manager on:

brainly.com/question/24553900

#SPJ1

4 0
1 year ago
Most of us have to work for a living, and a job is a central part of our lives. So why do managers have to worry so much about e
bekas [8.4K]

Explanation:

Employee motivation is not directly related to the conditions of their work and personal life. There are many studies and researches that seek to understand how the employee is motivated, one of the most accepted and used is the Maslow pyramid, which categorizes each human need in the form of a pyramid of needs, according to him, there are five needs that individuals need to fulfill to be motivated and satisfied in their personal and professional life, they are the physiological needs being the base of the pyramid and the most essential, followed by needs for security, affection, esteem and self-fulfillment.

Therefore, this theory of Maslow's needs is a parameter to understand how the human being remains motivated, and to help organizations to align their processes to fulfill each employee's need for fulfillment, seeking an organizational environment focused on safety, ethics, innovation, benefits monetary, etc.

7 0
2 years ago
I know this will be deleted but any on wanna play pad lethttps://pad let.com/ejkindred27
navik [9.2K]

Answer:

sure

Explanation:

what game?

4 0
2 years ago
Read 2 more answers
Other questions:
  • A think local, act local multidomestic type of strategy A. can defeat a global strategy if the think local, act local multidomes
    6·1 answer
  • A broker desires to keep an escrow account in an interest bearing account. Would this be legal?
    9·1 answer
  • Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when _
    12·1 answer
  • Todd can afford to pay $390 per month for the next 7 years in order to purchase a new car. The interest rate is 6.8 percent comp
    9·1 answer
  • Machine Replacement Decision A company is considering replacing an old piece of machinery, which cost $400,000 and has $175,000
    9·1 answer
  • In which instance will total revenues decline? Multiple Choice price increases and Ed equals -.41 price increases and demand is
    10·1 answer
  • In 2010, many high-income countries will be focused on the short-term economic horizon due to aggressive and often controversial
    10·1 answer
  • In order to search the internet you need to use software referred to as a__?
    5·1 answer
  • Tamarisk, Inc. gathered the following reconciling information in preparing its April bank reconciliation:
    6·1 answer
  • The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce: Group of answe
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!