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Flauer [41]
2 years ago
5

What is the effect of an accrued expense (such as salaries expense) adjustment on the income statement and the balance sheet?

Business
1 answer:
CaHeK987 [17]2 years ago
7 0

Answer: A. Expenses are increased

B. Net income is reduced

E. A liability (such as salaries payable) will be increased.

Explanation:

An accrued expense is an expense that is witten when it was incurred even before it's eventually paid. e.g wages payable.

The effect of an accrued expense such as salaries expense adjustment on the income statement and the balance sheet is that there'll ba na increase in expense. Also, there'll be an increase in liability such as the salaries payable. Since there is an increase in liability, thus will bring about a reduction in the net income.

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Answer:

1. Which Statement is true:

B. low p/e ratio could mean that the company has a great deal of uncertainty in its future earnings.

2. Qualitative analysis:

According to your understanding, a company with less competition is considered to be (more or less) risky than companies with a wide multiple competitors.

Explanation:

Company A's Price/Earnings (P/E) ratio is calculated as the market price of its shares divided by the earnings per share.  It shows the value investors have over a stock.  With a high P/E ratio, the company's stock could be over-valued, or investors are expecting high growth rates in the future.  This is unlike a low P/E ratio that shows that the stock is undervalued or that investors are not expecting high growth rates in the future because of uncertainty.

Without competition, Company A is riskier  than Company B which operates efficiently and competitively.  There is that competitive edge that competitive companies possess.  Monopolies do not enjoy that advantage.  It is, therefore, riskier to have no competition.

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3 years ago
What are the biggest obstacles facing walmart and other foreign retailers in India?
larisa86 [58]
Transportation could be a key factor as for obsticals

7 0
3 years ago
Atlantic Manufacturing Company uses process costing. All materials are added at the beginning of the process. The normal spoilag
zavuch27 [327]

Answer:

(a) The dollar value of abnormal spoilage.

$499,317.

(b) The cost of the good units finished.

$12,669,193.

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The complete solution of the problem is attached with an excel spreadsheet.

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3 0
3 years ago
Kyla replaces Lomax in his job at Motor Corporation. Lomax believes that he has been discriminated against on the basis of his a
nekit [7.7K]

For the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.

<h3>What is  Age Discrimination in Employment Act?</h3>
  • Age discrimination against anyone over the age of 40 is prohibited by the Age Discrimination in Employment Act (ADEA).
  • It does not cover workers under the age of 40, while some states have legislation prohibiting age discrimination against younger workers.
  • Certain applicants and employees 40 years of age and older are protected from age discrimination in hiring, promotion, discharge, salary, or terms, conditions, or privileges of employment under the Age Discrimination in Employment Act of 1967 (ADEA).
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Therefore, for the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.

Know more about Age Discrimination in Employment Act here:

brainly.com/question/26408615

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The correct question is given below:
Kyla replaces Lomax in his job at Motor Vehicle Manufacturing Corporation (MVMC).

Refer to Fact Pattern 18-1. Lomax believes that he has been discriminated against on the basis of his age. For the Age Discrimination in Employment Act to apply

6 0
1 year ago
What are the factors pricing up a product? Please mark me the brainiest. Thank you
grin007 [14]

Answer:

1) Product has more demand.

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5) The Governments Policy

Explanation:

Some main factors of pricing up a product.

8 0
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