subject
Business, 06.11.2019 20:31 mrsburrus

If the ending inventory of a firm is overstated by $57,000, by how much and in what direction (overstated or understated) will the firm's operating income be misstated? (hint: use the cost of goods sold model, enter hypothetically "correct" data, and then reflect the effects of the ending inventory error and determine the effect on cost of goods sold.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
What is the most important type of decision that the financial manager makes?
Answers: 2
question
Business, 22.06.2019 03:00
Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk
Answers: 1
question
Business, 22.06.2019 04:40
What is ur favorite song and by who i know dis is a random question
Answers: 2
question
Business, 22.06.2019 13:30
After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of schenkel enterprises. unfortunately, you will be the only person voting for you. the company has 375,000 shares outstanding, and the stock currently sells for $40, if there are four seats in the current election, how much will it cost you to buy a seat?
Answers: 2
You know the right answer?
If the ending inventory of a firm is overstated by $57,000, by how much and in what direction (overs...
Questions
question
Social Studies, 10.10.2019 14:10
question
Mathematics, 10.10.2019 14:10
question
Physics, 10.10.2019 14:20
Questions on the website: 13722363