Zebra Company overstated its December 31, 2014 inventory by $5,200 . Which statement is true concerning Zebra's financial statement amounts for 2014?
a. Working capital is understated.
b. The current ratio is overstated.
c. Cost of goods sold is overstated.
d. Net income is understated.
b
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One reason follow-up is so important is that research shows that the cost and effort to obtain repeat sales from a satisfied customer is roughly ________ of that necessary to gain a sale from a new customer.
A. 25% B. 50% C. 200% (or double) D. 300% (or triple) E. 100% (or the same as)
Gray market activities harm distributor relations, tarnish the manufacturer's brand equity, and undermine the integrity of the distribution channel
Indicate whether the statement is true or false
Using the Best Buy revenue data:
a) Fit the sales data using the Holt-Winters Additive Seasonal model.
b) Find the optimal smoothing constants (?, ?, and ?) using the Solver. Set the Solver to minimize the MSE, and be sure to constrain the smoothing parameters to be between 0 and 1. What are the optimal values?
c) Using the model that you have created, forecast quarterly revenues for the next year.
d) According to FactSet, analysts are forecasting the following revenues for the next year. How do your numbers compare?
The Oberon Company purchased a delivery truck for $95,000 on January 2. The truck was estimated to have a $3,000 salvage value and a 4 year life. The truck was depreciated using the straight-line method. At the beginning of the third year, it was determined the truck's total useful life would be 6 years rather than 4, and the salvage at the end of the 6th year would be $1,500. Determine the depreciation expense for the truck for the 6 years of its life. YearDepreciation expense1?2?3?4?5?6?
What will be an ideal response?