Answer: Understated by $7 million
Explanation:
Cost of goods old is calculated by deducting the closing balance of inventory from the Opening balance and the Purchases for the period in the manner:
Cost of Goods sold = Opening inventory + Purchases - Closing stock.
Going by the formula, if the opening inventory is understated by $7 million, the cost of goods sold will be understated by the same amount because opening inventory adds to Cost of goods sold.
In most situations, the simplest, easiest, and most cost-effective way to acquire new technology is to:<span>BUY IT</span>
Answer:
E. focusing on local markets whose circumstances will be most challenging to the company's business model
Explanation:
Information should be allocated to a number of individuals, for example stakeholders and senior management, responsible for decision-making.
This information is typically available in the form of paper, electronic, audio, CD, video etc.
Business information management professionals work to gather, analyze, and deliver this information.
Experts in business information management are often required to carry out the tasks of MIS experts.
Answer:
A. market segmentation
Explanation:
Market segmentation may be seen as a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to focus on different categories of consumers who perceive the complete value of certain products and services differently from each other .