Goods Grocery reported the following comparative income statements for the Merchandis E6-24 Correctin rs ended June 30, 2019 and 2018: Learning Ob 1.2019, NI S NATURE FOODS GROCERY Income Statements Years Ended June 30, 2019 and 2018 2019 2018 Net Sales Revenue Cost of Goods Sold: $ 134,000 119,000 inning Merchandise Inventory $ 17,000 Net Cost of Purchases Cost of Goods Available for Sale Less: Ending Merchandise Inventory 18,000 Cost of Goods Sold $14,000 67,000 81,000 17,000 78,000 95,000 Gross Profit Operating Expenses Net Income 77,000 57,000 26,000 31,000 64,000 55,000 21,000 S 34,000 During 2019, Nature Foods Grocery discovered that ending 2018 merchandise inven- tory was overstated by $5,500. Requirements
1. Prepare corrected income statements for the two years
2. State whether each year's net income-before your corrections-is understated or overstated, and indicate the amount of the understatement or overstatement. inventory

Which of the following is a primary concern of top managers? a)supervising nonmanagerial employees b)deciding which goods a company should produce c)supervising first-line managers d)developing and fine-tuning employee skills e)training, motivating, and rewarding salespeople.

Jorge is a manager at starbucks. his operational plan includes achieving annual sales of $4,000,000 for his store. with only one month left to end of the fiscal year, jorge realizes that he won't reach his annual sales goal. what are his options?

Reliability and validity reliability and validity are two important considerations that must be made with any type of data collection. reliability refers to the ability to consistently produce a given result. in the context of psychological research, this would mean that any instruments or tools used to collect data do so in consistent, reproducible ways. unfortunately, being consistent in measurement does not necessarily mean that you have measured something correctly. to illustrate this concept, consider a kitchen scale that would be used to measure the weight of cereal that you eat in the morning. if the scale is not properly calibrated, it may consistently under- or overestimate the amount of cereal that’s being measured. while the scale is highly reliable in producing consistent results (e.g., the same amount of cereal poured onto the scale produces the same reading each time), those results are incorrect. this is where validity comes into play. validity refers to the extent to which a given instrument or tool accurately measures what it’s supposed to measure. while any valid measure is by necessity reliable, the reverse is not necessarily true. researchers strive to use instruments that are both highly reliable and valid.