Gibson reported an incorrect net income amount of $25,852,000 for the year in which the error occurred and the income tax rate was 39.3 percent. required: 1. compute the amount of net income that gibson reported after correcting the inventory error. 2. assume that the inventory error was not discovered. identify the financial statement accounts that would have been incorrect (a) for the year the error occurred and (b) for the subsequent year. state whether each account was understated, overstated, or correct (meaning that there was no effect). chegg

One of your new suppliers, kim, has been hearing rumors about your firm’s lack of capability to deliver high quality products and writes an email asking you to address the claims being made. in replying to her, you want to be sure that you are very clear and leave no room for misinterpretation. which of the following aspects of effective communication should you give the most attention? (a) making sure you understand kim’s areas of expertise. (b) supporting your reply with relevant data and facts. (c) establishing your credibility as an expert. (d) paying attention to implied communications.