Answer:
The right approach will be "Economic".
Explanation:
- Both of the economic conditions that shape the market as well as customer behavior are the emphasis or objective including its economic climate.
- These variables could be used to forecast the path during which the economy will change the potential for customer demand and the much-needed market pattern or study.
Answer:
B. Cost of goods sold will be too low by $5,000.
Explanation:
Overstatement in closing inventory has two effects. First in income statement, that the cost of goods sold is decreased by the same amount that is overstated. Second is overstatement of Inventory value in the asset section of balance sheet. According to the given scenario The effect of this event should be as cost of goods sold will be too low by $5,000.
Answer: values
Explanation:
Societal values can simply be defined as the moral principles defined by the traditions, society dynamics, and cultural beliefs.
These values impact on the behavior of the people. An example is Germans' lack of interest in using credit cards like Visa and MasterCard, because the German word for 'debt' is the same as the word guilt. This hae to do with their belief and values.
Answer:
b) $12 million
Explanation:
The new Book Value of the firm at the bigining of next year is $12 million.
In the calulation of Net Pfofit, Interst on loan has already been deducted, so deducting it from the total calculation will be wrong.
hence, only dividend paid will be removed from the addition of the Book Value anf the Net profit.
Closing balance = Opening Book Value + Net Profit - Dividend Paid
Note - The Net Profit is already ne of interest on loan.
Closing balance = $10 + $5 - $3
Closing balance is $12
Answer:
a giant corporation composed of many smaller corporations.
Explanation:
This option is not 100% right, but the other options were completely wrong. A conglomerate is a corporation that operates in totally different and unrelated industries. For example, a conglomerate can operate in the energy sector, financial services, education services, cruise lines, and agriculture. No two industries are even related to one another, and that is what operates a conglomerate from a normal corporation. E.g. Samsung is a conglomerate because it operates an electronics business, manufactures cars, builds ships, operates funeral homes, etc.
