Answer:
$150,000
Explanation:
$150,000
The failure to accrue warranty expense is an accounting error. It gives rise to a Prior period adjustment in the year of discovery (20x3).
Prior period adjustments are limited to corrections of errors affecting prior-year net income. They adjust the beginning balance of retained earnings in the year of correction.
The change in depreciation method is an estimate change, which is reported in earnings. It is not a Prior period adjustmen
Answer:
Chiquita makes an economic profit of $250,000.
Answer:
Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
Explanation:
Answer:
The proposals submitted to the customer should:
D. be reviewed by a team and evaluated on predefined evaluation criteria.
Explanation:
In business, a proposal is a business application from one entity to another, soliciting for a contract based on an understanding of the customer's problems and requirements.
There many sections, including objectives, recommended solution, estimated project schedule, company's background information, fee summary, and other important terms and conditions.
Given the above sections, it becomes necessary for a team to evaluate proposals before they are submitted to customers. Teamwork will help modifications to be made based on each customers requirements.
Answer: Make sure consumers understand the theme behind its repositioning.
Explanation:
When a company undergoes repositioning, the company is trying to change the way it's been viewed by members of the public.This changes in public perception of the company, would also affect the internal structure of the repositioned company.
An example of a company undergoing repositioning is when a company opens up more branches across different locations for their firm.
Advertising makes it possible for the public to be aware of the repositioning activities a company is carrying out.
