B because to much of a increase could hurt the economy
Answer:
A) conversion
Explanation:
Conversion is when someone wrongfully use property of another for their own purposes . In an action for conversion, the taking of the property may be lawful, but the retaining of the property is unlawful.
Same in this case retaining the fitness watch is unlawful to use the property which belongs to others.
Explanation:
The most common measure of inflation is a statistic called the Consumer Price Index (CPI).
Answer:
(a)overstated
(b)overstated
(c)no effect
Explanation:
(a) As there is an expense account (utilities expense) which, is not included in the income statement, result for the year will be higher than if was.
(b)The revenues account will be oaky. But, the total expenses will be lower, as there are cost of the period which are not included.
So the Net incoem will be higher than a correct income as their expenses do not include this utilities expense
(c) The balance sheet will have no effect in the total Asset or Total Liaiblities+SE but, it is a change in the composition.
The income (reained earnings) should be lower as the income will be lower and a liability will be create (utilities payable) to fill this so:
with the mistake:
liab 0 equity (+400)
ammending the mistake
liab 400 equity 0
the net effect is zero.
It will decrease equity and increase liability, but the su of both will be the same
Answer:S 610
Explanation:
To get a return of 10% of sales price is to have a profit of S85 which is 10% of S850.
Handling cost per unit S6000/6000 unit=S1
Other handling cost per unit S59
Raw materials per unit=S95
Target conversations and administrative cost is
850-X-60-95=85
850-X-155=85
-X=85+155-850
-X=-610
X=610
