sheldon has a $15,000 liability for a machine that has an interest rate of 10%. the interest expense for one year is?
Answers
For a machine with a 10% interest rate, Sheldon owes $15,000. The annual interest expense is $1500.
Lenders assess interest to borrowers as a proportion of the principal, or loaned amount. The typical unit for expressing a loan's interest rate is the annual percentage rate, or APR (APR).
The amount earned from a savings account or certificate of deposit at a bank or credit union may also be subject to interest rates (CD). Interest on these bank accounts is interest rate calculated as an annual percentage yield (APY).
The borrower is essentially charged interest rate for the usage of the asset. Cash, consumer goods, vehicles, and real estate are all examples of lent assets. As a result, an interest rate can be viewed as the "cost of money" because it increases the cost of borrowing the same amount of money.
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Answer:
$1,500
Explanation: Assuming that Sheldon borrowed $15,000 to purchase the machine, he would have a liability to pay back the loan amount plus the interest charged on the loan. The interest rate of 10% represents the annual rate charged on the loan amount.
To calculate the interest expense for one year, we can use the following formula:
Interest expense = Principal x Rate x Time
Where:
Principal: The amount of the loan ($15,000 in this case)
Rate: The interest rate (10%)
Time: The time period for which interest is charged (1 year)
Plugging in the numbers, we get:
Interest expense = $15,000 x 0.10 x 1 = $1,500
Therefore, Sheldon's interest expense for one year would be $1,500. This means that if he takes a year to pay back the loan, he would have to repay a total of $16,500 ($15,000 principal + $1,500 interest).
Related Questions
Wealth is an accumulation of tangible products; goods are counted as wealth, but services are not.
True or false
Answers
Answer:
F
Explanation:
In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
Michael’s personal property in his college dorm room is insured by an endorsement on his parents’ homeowners insurance. The deductible is $2,000. A flood destroys Michael’s textbooks, which cost $570.93 tablet computer, which cost $868.91 backpack, which cost $141.37 and clothing, valued at $500. How much of the loss will the insurance policy not cover?
Answers
Answer:
81.21.
Explanation:
all you would need to do is add up all the values then subtract 2000.
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ambidextrous organizational designs are useful for firms that wish to create modest, incremental innovations at the same time as dramatic, breakthrough innovation. this is done by disassociating adaptability and alignment of values and coordination across organizational activities. T/F
Answers
True, ambidextrous organizational designs are useful for firms that wish to create both modest, incremental innovations and dramatic, breakthrough innovations simultaneously.
An ambidextrous organization design allows a company to achieve adaptability and alignment by managing two different types of organizational activities separately but with coordination. In this design, incremental innovations are handled by a stable, hierarchical structure, while breakthrough innovations are managed by a more flexible, decentralized structure. This dual approach ensures that the firm can pursue a wide range of innovations without compromising either type. By disassociating adaptability and alignment, the organization can maintain stability for ongoing operations and also explore new, disruptive ideas. **Ambidextrous organizational designs** and **simultaneous innovations** are crucial for firms to stay competitive and drive growth in today's rapidly changing business landscape.
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What does a phishing email try to do? Inform you that you have won the lottery or a large prize. Steal your personal information such as passwords, bank account numbers and usernames. Sell you the latest and newest technology at steep discounted prices. None of the above
Answers
Answer:
a) Inform you that you have won the lottery or a large prize.
why is amazon hiring saying you have already started and / or completed an application for this job.
Answers
This message likely means that you have already submitted an application for the job that you are interested in at Amazon. The company uses an applicant tracking system (ATS) to manage the hiring process.
this message may indicate that your application has been recorded in their system. It's possible that you may have applied for this job in the past and that the company is now reopening the position. Alternatively, it's possible that you may have started an application but did not complete it, and the company is reminding you to finish it.
Regardless of the reason, it's always a good idea to double-check your application status and make sure that all of the information is up-to-date and accurate.
If you have any questions or concerns, you can reach out to the Amazon Recruiting team for assistance.
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read the information about moore industries. if the company’s revenues were $500,000 for the year ended december 31, 2016, how much were total expenses?
Answers
Moore Industries' total expenses for the year ended December 31, 2017 is $260,000. Therefore, the correct option is C.
To calculate Moore Industries' total expenses for the year ended December 31, 2017, given their revenues and net income is as follows:Step 1: We are given that the company's revenues for the year were $500,000.
Step 2: We are also given that the net income for the year was $240,000.
Step 3: Recall that Net Income = Revenues - Expenses.
Step 4: Rearrange the equation to solve for Expenses:
Expenses = Revenues - Net Income.
Step 5: Plug in the given values:
Expenses = $500,000 - $240,000.
Now, calculate the expenses:
Expenses = $260,000
So, the total expenses for Moore Industries for the year ended December 31, 2017, were option C: $260,000.
Note: The question is incomplete. The complete question probably is: Moore Industries began operations on January 2, 2017, with an investment of $50,000 by each of its two stockholders. Net income for its first year of business was $240,000. Moore Industries paid a total of $100,000 in dividends to its stockholders during the year. Read the information about Moore Industries. If the company's revenues were $500,000 for the year ended December 31, 2017, how much were total expenses? a.$640,000 b.$160,000 c.$260,000 d.$740,000.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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a stock had returns of 9 percent, −6 percent, 4 percent, and 16 percent over the past four years. what is the standard deviation of these returns
Answers
The standard deviation of the given returns on a stock is 9.52.
The standard deviation of returns for a stock with returns of 9 percent, −6 percent, 4 percent, and 16 percent over the past four years can be calculated using the formula:
Standard deviation = sqrt [Σ(xi - x)² / (n - 1)]
Where: xi = the individual data points, x = the mean of the data points, n = the number of data points and Σ = the sum of the values.
Applying this formula to the returns of the stock, we get:
Mean of the data points = (9 - 6 + 4 + 16)/4 = 5.75
Substituting the values into the formula, we get:
Standard deviation = sqrt [((9 - 5.75)² + (-6 - 5.75)² + (4 - 5.75)² + (16 - 5.75)²) / (4 - 1)]
Standard deviation = sqrt [(14.0625 + 139.0625 + 3.0625 + 116.0625) / 3]
Standard deviation = sqrt [272.25 / 3]
Standard deviation = sqrt (90.75)
Standard deviation = 9.52
Hence, the standard deviation of these returns is 9.52.
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define critical success factors (csfs) and key performance indicators (kpis), and explain how managers use them to measure the success of mis projects.
Answers
Critical success factors (CSFs) are the key elements that are required for a company to achieve its objectives and strategic goals. These factors are considered critical because they have a significant impact on the success of the company.
Managers use CSFs and KPIs to measure the success of MIS projects in several ways. First, they use CSFs to identify the most important areas of the project that need to be focused on in order to achieve success. This helps managers to allocate resources and prioritize tasks effectively.
Next, managers use KPIs to measure the progress of the project towards achieving the CSFs. This allows them to track the performance of the project and make adjustments as needed. Additionally, managers use KPIs to evaluate the success of the project after it has been completed. This helps them to determine if the project was successful in achieving its CSFs and to identify areas for improvement in future projects.
In conclusion, critical success factors (CSFs) and key performance indicators (KPIs) are important tools that managers use to measure the success of MIS projects. CSFs help managers to identify the key elements that are required for success, while KPIs help managers to track the progress of the project towards achieving the CSFs.
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Stocks are generally considered a higher risk because:
a) Their value varies over time
b) They are not covered by FDIC
c) Rate of returns are not guaranteed
d) All the above
Answers
How would inventions such as the smart fitting room affect retail jobs???
Answers
Answer:
ummm because it is bigger
Explanation:
Motor Works, Inc. has declared a $20,000 cash dividend to shareholders. The company has 5,000 shares of $15-par, 10% preferred stock and 10,000 shares of $20-par common stock. The preferred stock is non-cumulative. How much will the preferred and common stockholders receive on the date of payment?
Answers
Answer: $7,500 preferred stock, $12,500 common stock
Explanation:
Given that:
Total cash Dividend = $20,000
Preferred stock:
5,000 shares of $15-par, 10%
Therefore ;
preferred stock balance = number of share × price × rate
5000 × $15 × 0.1 = $7,500
Balance of common stock is therefore ;
Total cash Dividend - balance of preferred stock
$20,000 - $7,500 = $12,500
Which career field is likely to experience increased job openings and security over the
next few years? (10 points)
O Retail
O Nursing
O Government
O Manufacturing
Answers
Answer: government
Explanation:
Government is the career field is likely to experience increased job openings and security over the next few years. Hence, option C is correct.
What is Government is the career?Public Sector Employment is "a particular government responsibility or action. A "government job" is widely defined for recruitment purposes as any position in any department or entity that works for the government. Consequently, a position carrying out government business is a government employment ".
Among the job options in the U.S. government are political jobs working for the executive, judicial, and legislative branches of the federal government.
Government employees are employed by the military, the post office, federal law enforcement organizations, and other governmental agencies and departments.
Thus, option C is correct.
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Which of the following are recommended ways to begin business messages?
a. you should take an assertive and authoritative tone
b. you should focus on your goal only and not worry about your audience
c. you should consider how your audience is likely to react
d. you should analyze your audience
Answers
When beginning business messages, it is recommended to consider how your audience is likely to react and to analyze your audience. Therefore correct option is d .you should analyze your audience
Taking an assertive and authoritative tone or solely focusing on your goal without considering your audience can be counterproductive in business communication. Adopting an assertive and authoritative tone may come across as aggressive or dismissive, potentially alienating your audience.
It is important to strike a balance between confidence and empathy, ensuring that your tone is respectful and considerate of your audience's perspective.
By analyzing your audience, you can gather information about their characteristics, interests, knowledge level, and any potential barriers to communication. This analysis enables you to tailor your message in terms of language, tone, content, and structure to effectively engage and connect with your audience.
It allows you to anticipate their needs, address potential objections, and communicate in a way that resonates with them, ultimately enhancing the effectiveness of your business messages.
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corporate marketing ethics policies should most likely address distributor relations, advertising standards, customer service, pricing product development, and general ethical standards. true false
Answers
True - corporate marketing ethics policies should most likely address distributor relations, advertising standards, customer service, pricing product development, and general ethical standards.
Advertising is the manner of exploring, creating, and turning in value to meet the wishes of a target marketplace in phrases of products and services;[1][2] doubtlessly along with choice of a audience; choice of certain attributes or subject matters to emphasise in marketing; operation of advertising and marketing campaigns; attendance at exchange indicates and public events; design of merchandise and packaging appealing to consumers; defining the phrases of sale, such as rate, discounts, assurance, and return coverage; product placement in media or with humans believed to steer the shopping for conduct of others.
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Assume the Federal Reserve increases the money supply.
A Identify an open market operation they might use to increase the money supply.
B Explain how an increase in the money supply will affect nominal and real interest rates.
C Explain how the change in interest rates caused by an increase in the money supply will impact each of the determinants of aggregate demand (C, I, G, Xn).
Answers
A central bank can increase or decrease the number of reserves in the banking system and therefore affect the nation's money supply by buying or selling bonds, bills, and other financial instruments on the open market. When the central bank sells these securities, it removes funds from the economy.
What happens when the FR increases the money supply?
A rise in the money supply has two effects: it lowers interest rates, which encourage investment, and it puts more money in the hands of consumers, which makes them feel wealthier and encourages consumption.
Through open market operations, the Fed can alter the amount of money in circulation. The Fed can expand the money supply by exchanging cash for the purchase of government assets.
The central bank's monetary policy is comprised on open market activities. For instance, policymakers use instruments like interest rates, reserves, bonds, etc. to manage the flow of money in order to increase employment, GDP, and price stability.
To purchase or sell securities to banks, the Fed employs open market operations. The Fed provides banks with additional funds to maintain as reserves on their balance sheets when it purchases assets. When the Fed sells securities, it depletes the money supply by removing funds from banks.
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"Job Analysis Assignment (AA#1) Job analysis is the systematic study of a job to discover its specifications and skill requirements. The job analysis reveals the job's specifications and the employees' skill requirements to complete the job. There are a number of ways an HR Manager can do a ""Job Analysis"". One of the most popular is to interview an associate who is already working in the job and ask particular questions. ASSIGNMENT Interview anyone who has or had a job to collect and record information for the six categories listed below. - You MAY NOT simply research this online. - YOU MUST engage someone to interview about their job. Please divide your report into SIX separate headings as listed. A. Job Identification (e.g., job title, NOC), B. Duties (e.g., the job tasks). C. Responsibilities (e.g., equipment operation, supervisory responsibility). D. Human Characteristics Needed (e.g. lifting weight, hearing, sight, attention to detail), E. Working Conditions (e.g.. possible hazards...exposure to hot or cold). F. Performance Standards (e.g. how well the job needs to be performed)
"
Answers
The purpose of a job analysis is to systematically study a job in order to understand its specifications and skill requirements.
Conducting a job analysis involves collecting information from individuals who currently hold or have held the job in question. This approach ensures a firsthand account of the job's demands and provides valuable insights for HR managers. The job analysis assignment requires dividing the report into six separate headings.
Under Job Identification, information such as job title and National occupational Classification (NOC) code should be recorded. Duties involve documenting the specific tasks that the job entails. Responsibilities encompass areas such as equipment operation and any supervisory responsibilities.
Human Characteristics Needed refer to the physical and cognitive abilities necessary for the job, such as lifting weights, hearing, sight, and attention to detail. Working Conditions should outline potential hazards and any exposure to hot or cold environments.
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You live in Atlanta, GA and work for a company that has multiple locations
nationwide. The owner of the company tells you on a Friday that you need to
compile and present some information to the San Francisco, CA office on Monday.What would be the most economical and responsible thing for you to do?
(A)Hop on a plane Friday night and fly to San Francisco so you can have time to
explore the city and share the information with their office on Monday morning.
(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.
(C)Collaborate with your peers in the Atlanta office all weekend, and then take the
red eye
flight to San Francisco on Sunday night in order to be there to present your
findings on Mondayimorning.
(D)Share the Excel spreadsheet with the team leader in San Francisco and tell him
to make the presentation for you
Answers
Answer:
(B)Create an online presentation that can be shared with the members of the San Francisco office and present your finding to them remotely.
Explanation:
Preparing an online presentation for the meeting is the sensible thing to do in this situation due to the following reasons.
It is cost-effective: Traveling from Atlanta to San Francisco will involve the use of funds for air tickets, meals, and accommodation. This is costly, especially if not budgeted. An online presentation will not require such expenditure. It saves time: An online presentation does not require physical traveling, which is time-consuming. Instead of spending time traveling, it is wise to use it in researching and preparing a quality presentation.Advancement in technology is making it possible for people to hold online meetings. It possible to have interactive sessions where participants can ask questions and get instant answers via online meetings. The use of technology eliminates the need to travel for this presentation.17. Which of the following is an example of a
business in the retail industry?
a. Department Store
b. Car Repair Shop
C. City Park
d. Doctor's Office
Answers
Answer:
The answer is a. hope that helps ya
Can someone answer this quickly, please
Answers
The correct options based on the information will be:
Across:
Market Segmentation
External Factor
Target Market
Market Profile
Primary Research
Demographic Information
Market Potential
Down:
2. Focus Group
List Broker
Geographical Segmentation
Business
Psychographic
Ideal Customer
Consumer
Owning Your Future
What is market Segmentation?Market segmentation is the process of breaking a large consumer or company market into smaller consumer groups based on shared criteria. Typically, this process involves existing and future customers.
The concept of market segmentation acknowledges that not all customers share the same preferences, purchasing power, or consumer wants.
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Which aspect of the organization should Albert have been aware of before joining it?
Albert has recently joined a business organization. After a few weeks, he has realized that he is not happy with the organization's values,
management style, and policies. He is thus finding it difficult to perform daily tasks. He wishes he had found some information about the
organization's
before joining it
Answers
Answer:
well you have to think before taking action in something
why it's so important to have health insurance even if you're young and healthy.
Answers
Answer:
It is important to have health insurance even if you're young and healthy because health insurance provides financial protection against unexpected medical costs. Although young and healthy people may not need to use health insurance frequently, they may still require medical attention in the case of an accident or sudden illness. Having health insurance can help to protect you from the high costs of medical bills, allowing you to access care when you need it without worrying about the financial impact. Additionally, health insurance can provide peace of mind knowing that you are covered in the event of a medical emergency.
Members of Generation Z are most likely to influence Multiple Choice a. furniture design b. health care and insurance. c. retirement plans.
d. e-textbooks
Answers
Based on the given options, members of Generation Z are most likely to influence technology related to e-textbooks. The correct option is "D".
It is becoming increasingly evident that members of Generation Z have the greatest influence when it comes to technology related to e-textbooks. This is due to the fact that they have grown up in a world surrounded by technology and have an innate understanding of how it works.
Moreover, they are more likely to be early adopters of new technology and products. Their opinions and preferences will shape the future of e-textbooks, from how they are created to how they are consumed.
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Omar received $1,525 in gift when he graduated from high school. His pedants want him to save the money for collage, but Omar wants to buy new clothes, a watch, some CD’s, and a video game. He also needs new tires because the ones on his car are badly worn. Omar asked for your advice how should he spend his money
Answers
The difference between a financial aid package and total cost of collage can be made up by ______.
A: reapplying with different family contributions
B: signing up for fewer classes a semester
C: personal savings and student loans
D: going to a college with lower tuition costs
Answers
The difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Financial aid is referred to any form of funding which tends to help one in paying for for college, such as a loans, grant, scholarships or work-study programs. So, for most of the students, financial aid is essential to making college affordable.
It is estimated that about two thirds of college students receive financial aid based on their family's financial circumstances. So, here it is important that the difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Hence, option C is correct.
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1, A specialized computer used to collect, store, and report all the information about a sales transaction.
2. The report that summarizes the cash and credit card sales of a point-of-sale terminal.
3. The process of preparing a batch report from a point-of-sale terminal.
4. A special journal used to record only cash receipt transactions.
5. A cash discount on a sale taken by the customer.
6. The amount a business receives from the sale of an item of merchandise.
7. A subsidiary ledger containing all accounts for charge customers.
8. A special journal used to record only sales of merchandise on account.
9. A sale in which the customer pays for the total amount of the sale at the time of the transaction.
10. A report of credit card sales produced by a point-of-sale terminal.
11. A tax on a sale of merchandise or services.
12. The amount a business adds to the cost of merchandise to establish the selling price.
13. A listing of customer accounts, account balances, and total amount due from all customers.
Answers
Answer:
1. Point-of-sale (POS) terminal.
2. Terminal summary.
3. Batching out.
4. Cash receipts journal.
5. Sales discount.
6. Selling price.
7. Accounts receivable ledger.
8. Sales journal.
9. Cash sale.
10. Batch report.
11. Sales tax.
12. Markup.
13. Schedule of accounts receivable.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it's the field of accounting that involves specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting. Some of the terminologies used in financial accounting with their description respectively include the following;
1. Point-of-sale (POS) terminal: a specialized computer used to collect, store, and report all the information about a sales transaction.
2. Terminal summary: the report that summarizes the cash and credit card sales of a point-of-sale terminal.
3. Batching out: the process of preparing a batch report from a point-of-sale terminal.
4. Cash receipts journal: a special journal used to record only cash receipt transactions.
5. Sales discount: a cash discount on a sale taken by the customer.
6. Selling price: the amount a business receives from the sale of an item of merchandise.
7. Accounts receivable ledger: a subsidiary ledger containing all accounts for charge customers.
8. Sales journal: a special journal used to record only sales of merchandise on account.
9. Cash sale: a sale in which the customer pays for the total amount of the sale at the time of the transaction.
10. Batch report: a report of credit card sales produced by a point-of-sale terminal.
11. Sales tax: a tax on a sale of merchandise or services.
12. Markup: the amount a business adds to the cost of merchandise to establish the selling price.
13. Schedule of accounts receivable: a listing of customer accounts, account balances, and total amount due from all customers.
In 1910, the price of a Model T Ford was $950. By 1917, the average price for the same car was $360. In 1910, fewer than 19,000 Model T's were sold. In 1917, over 730,000 were sold. What conclusion can you draw from this information?: (A)The cost of living must have gone down between 1910 and 1917. (B)Henry Ford was making less money in 1917 than he was in 1910 (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910. (D)There is no relationship between the price of the Model T's and the number sold.
Answers
The conclusion that can be reached is that (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910.
The price of a good or service is usually directly proportional to its cost. This means that if something was costly to produce or to provide, the price that the company providing will charge will be high as well.
The reason for this is that the company needs to make a profit so they charge a higher price than the cost in order to make back the cost and some profit. This is called cost plus pricing.
In 1910, the Model T Ford cost $950 but in 1917 the same car cost $360. This means that the cost must have been less in 1917 than it was in 1910 which was why the Ford company was able to charge less for it.
The correct answer is therefore C.
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Answer:
option c is the correct answer
i think this helps u
assume sony uses a periodic inventory system. beginning inventory on january 1 was understated by $30,800, and its ending inventory on december 31 was understated by $15,400. in addition, a purchase of merchandise costing $21,700 was incorrectly recorded as a $2,170 purchase. none of these errors were discovered until the next year. as a result, sony's cost of goods sold for this year was:
Answers
The cost of goods sold for Sony is overstated by $55,930 due to the inventory errors and incorrect recording of purchases.
Beginning inventory understatement by $30,800, ending inventory understatement by $15,400, and incorrect recording of a purchase by $19,530 ($21,700 - $2,170) all result in an overstatement of inventory.
This overstatement of inventory leads to an understatement of cost of goods sold by the same amount, which in this case is $55,930 ($30,800 + $15,400 + $19,530). Therefore, Sony's cost of goods sold for the year is overstated by $55,930 due to the inventory errors and incorrect recording of purchases.
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How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan
Answers
Answer:
To identify and correct errors
Explanation: