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Keith_Richards [23]
2 years ago
4

If adjustments were not made each period, the financial results could be materially misstated. Determine the amount by which Bro

keback's net income would have been understated, or overstated, had the adjustments in requirement 1 not been made. -g
Business
1 answer:
Juli2301 [7.4K]2 years ago
8 0

Answer:

Req. 2

Without adjustments, Brokeback’s net income would have been overstated by $7,985 (understated revenues of $7,950 and understated expenses of $15,935 = $150 + 700 + 800 + 1,600 + 2,750 + 500 + 9,435).  

Explanation:

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In 3-4 sentences describe how economic liberty helps water the "money tree" in a free enterprise.
il63 [147K]

Answer:

It helps giving you the ability to choose what you think is best for your business

Explanation:

Vic, using the money tree metaphor is awesome in order to explain. Think about your free enterprise (let’s say… a store that sells trees!).

What you need in order to start and run a business? A place to sell those trees, employees, products, infrastructure, etc., and capital to fund all that. All that business plans and models that you will develop in order to have a successful business will require that you make economic decisions, actions. And, in order to make those decisions, you need economic liberty, which is exactly the ability one has to make economic decisions without political, economic or social blocks.

Imagine that in your region you can only sell trees with red leaves, or your trees are taxed much more than trees coming from overseas, or that employment law requires that no employee gets near a plant (who knows, it could be to prevent allergic season!). That would make super hard to develop your business right?

That’s how economic liberty could help you grow your money tree; into giving you the ability to choose what you think is best for your business.

6 0
2 years ago
lee company pays its employees on a graduated commission scale 6% on the first $40,000 sales 7% on sales from $40,001 to $80,000
Elina [12.6K]

Answer: c

Explanation:

Because it makes even more sense.

6 0
2 years ago
Read 2 more answers
Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay
Maurinko [17]

Option D

Benefits plans that combine sick leave, vacation time, and holidays into a total number of days employees may take off with pay are called Paid time off plans

<h3><u>Explanation:</u></h3>

Paid Time Off (PTO) plans are a dilemma to regular paid leave systems that combine versatile kinds of leave (paid vacation, sick, and personal days) into an individual plan.  A PTO plan offers your company extra engaging to proposed workers by expanding the number of days they can drive off from work and however accept paid if they are usually in normal health.

Since most workers will never use whole their sick days, they can earn the contrast as additional vacation time. There is no charge to the company and workers are more satisfied.

4 0
2 years ago
A clothing manufacturer makes both shirts and shorts. The sales price for shirts is $24 with variable costs of $10 and shorts ha
Gnoma [55]

Answer:

1)They would prefer to make shorts as contribution margin per unit is higher for shorts

Explanation:

Step 1. Given information.

  • Sales price shirts is $24
  • Variable costs shirts is $10
  • Sales price shorts $32
  • Variable costs shorts $17

Step 2. Formulas needed to solve the exercise

Contribution margin = sales price - variable cost

Step 3. Calculation.

Contribution margin shirts  = 24 - 10 = 14

Contribution margin shorts = 32 - 17 = 15

Step 4. Solution.

<h2>Contribution margin shorts > Contribution margin shirts</h2>

6 0
2 years ago
________ are a special form of incentive compensation. these plans provide employees the option or right to buy a certain number
Artist 52 [7]

Employee Stock because thats The definition

5 0
2 years ago
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