Answer:
1.Cost of Goods Sold Increase by $70,000
2.Gross Profit and Net Profit decrease by $70,000
3.Inventory in balance sheet decrease by $70,000
Explanation:
IAS 2 requires inventory to be measured at the lower of cost or net realizable value.
In our case the inventory will be valued at net realizable value of $230,000 because this is lower.
The effect with this is :
1.Cost of Goods Sold Increase by $70,000
2.Gross Profit and Net Profit decrease by $70,000
3.Inventory in balance sheet decrease by $70,000
A.click the chart and ask t edit data
Answer:
I'd have to go with B for this one
Explanation:
Reason for that would be because of the fact that you'd want your employer to see the skills and qualities for the job so that they know that they of course made the right decision based off your resume and such
Answer:
The agreement among the Jane and bank personally is the Guaranty
Explanation:
As Jane want to take a loan of $50 from bank in order to purchase a building but bank is worried regarding the financial health of the company so in order to grant the loan or mortgage, both bank and Jane entered into an agreement which states that the Jane would be personally liable for the payment if company defaults. So, the agreement in which they agreed is the guaranty given by Jane to bank.
The one that is responsible for ensuring that each assigned dod information system has a designated information assurance manager is : The program manager (PM ) or System Manager (SM)
These responsibilities include in : Budget management, Supervising, etc
hope this helps
