Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".
Explanation: The understatement of the ending inventory balance causes:
<u>Cost of goods sold to be overstated and net income to be understated.</u>
Incubators are the centers that offer new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, and secretarial help.
Business incubators are organizations that offer a range of specialized tools and services to help new and beginning businesses throughout their early stages of growth. The basic objective of a business incubator is to create profitable businesses that can exist alone when the program is over.
Services is a broad phrase that refers to labor that sustains a firm but does not create a physical good. An essential business service that supports several other business services, including procurement, shipping, and banking, is an information technology (IT).
To learn more about services
brainly.com/question/12096912
#SPJ4
D) Which is Defaulting on a loan!
Answer:
1. $ 750
2. - $ 50
3. $ 600
4. $ 600
Explanation:
1. Using the data GDP = C+I+G+ (X-M)
GDP= $500 +$100 + $ 200 + ($50-$100)
GDP= $ 800 + (-50)
GDP = $ 750
2. NET EXPORTS = EXPORTS - IMPORTS= $ 50- $ 100= -$50
3. PCE= Consumption+ Private Domestic Investment= $ 500 + $ 100= $ 600
4. GDP 2017= $ 750 *80%= $ 600
A command economy would be an economic system that is the opposite of capitalism. A command economy could exist in a socialist system as well, whereby the state controls major businesses in an economy and provides close economic planning for a country's industries rather than allowing private ownership and free markets under capitalism.
