Merchandise inventory at the end of the year was understated. which of the following statements correctly states the effect of the error? a. cost of merchandise sold is understated. b. net income is overstated. c. merchandise inventory reported on the balance sheet is overstated. d. net income is understated.
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Business, 22.06.2019 16:20
Suppose you hold a portfolio consisting of a $10,000 investment in each of 8 different common stocks. the portfolio's beta is 1.25. now suppose you decided to sell one of your stocks that has a beta of 1.00 and to use the proceeds to buy a replacement stock with a beta of 1.55. what would the portfolio's new beta be? do not round your intermediate calculations.
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Business, 23.06.2019 02:50
Ll companies has sales of $9,800, net income of $1,060, total assets of $8,950, and total debt of $4,760. assets and costs are proportional to sales. debt and equity are not. a dividend of $371 was paid, and the company wishes to maintain a constant payout ratio. next year's sales are projected to be $10,584. what is the amount of the external financing need?
Answers: 3
Business, 23.06.2019 03:50
What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.
Answers: 1
Business, 23.06.2019 10:50
What are examples of career fields skillsusa prepares students for? check all that apply. health science education agriculture construction manufacturing transportation information technology public safety multiple choice: health science education agriculture construction manufacturing transportation information technology public safety
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Merchandise inventory at the end of the year was understated. which of the following statements corr...
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