To prevent burns from heat
Answer:
undervalued assets an liabilities by 50,000
Explanation:
The financial statement for the fiscal year ended on December 31th, 2012
will have the following mistake:
Liabilities are undervalued by 50,000
Cash wll be undervalued by 50,000
As the note payable is not recorded neither the cash receipts from the loan.
Because this transaction is missing, we are not doing a correct representation of reality. This account will be undervalued.
Answer:
just go comment on their answers/questions.
Explanation:
Answer:
d. brand name
Explanation:
If a company has the money, it can acquire much software that is necessary for the company. Therefore, option B is incorrect. The company can lease a new building through the capital, and a new building is a non-current asset. So, option C is also wrong. A new CEO is not an asset because the company has to pay a salary for the CEO that is an expense. So, option A is not correct.
The brand name is an asset to the company. Using capital, Threadbare Industries cannot acquire the brand name. A brand name cannot be acquired through the capital, and it can be acquired through customer satisfaction. Therefore, option D is correct.
Answer:
D. Dumping is exporting goods at prices that are lower than their value
Explanation:
Dumping in international trade occurs when a company or country exports goods to another at a cheaper place than it sells in its domestic market. Dumping involves the export of a large number of products to gain a substantial market share in foreign markets.
Although dumping is not illegal, it may stifle the development of local industries. Domestic producers, especially infant-industries, cannot compete favorably with low-priced dumped products. Countries apply protective measures such as import tariffs and quotas to guide against dumping.
