bad words, bad language, mean insults, talking nasty.
Answer:
The correct option is C. Recognize $9 million Gross Profit in 2016.
Explanation:
IFRS-15 states that a 4-step approach should be followed when the performance obligation is satisfied over a period of Time. In-this case, the performance obligation will be satisfied within three years from 2016 to 2018.
4-step Approach:
1) First of all you have to calculate the over gain/loss of the project, and the result will decide the entries to be made. In this case, the contract price is $150m and the total costs (Costs incurred + Expected Costs) are $120m. This gives us a Profit of $30m.
2) In the second step, we have to determine the progress of the contract, It means that how much work have we done so far. There are two methods to calculate the progress: Input Method and the Output Method. Based on the data available, we will go for Input Method. To calculate progress under this method, simply divide the costs incurred by the total costs and multiply the result with 100 to get the percentage. 30% is the progress of the contract.
3) Revenue (150 * 30%) = $45m
COS (120 * 30%) = $36m
Gross Profit = $9m
* 120 is the Total Cost.
4) The last step involves determining Contract Assets and Liabilities. I won't go in to the detail because this step is not concerned with your question. You are open to ask questions regarding this step if you need.
Thanks.
A. The type of manufacturing industry being carried on by Ravi and Raaj with the manufacturing of air purifiers is <u>Gadget manufacturing</u>.
B. The type of trade as per geographical concentration is national trade.
C. The auxiliaries to trade highlighted in the above case include:
- Banking
- Marketing
- Logistics or Storage.
<h3>What are the types of manufacturing industries?</h3>
Types of manufacturing include:
- Clothing and Textiles
- Petroleum, Chemicals, and Plastics
- Electronics (Gadgets), Computers, and Transportation
- Food Production
- Metal Manufacturing
- Wood, Leather, and Paper industries.
Thus, the type of manufacturing industry being carried on by Ravi and Raaj with the manufacturing of air purifiers is <u>Gadget manufacturing</u>.
Learn more about the manufacturing industry at brainly.com/question/26254445
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Answer :
True required initial investment = $26,954,178
Explanation :
As per the data given in the question, we need to do following calculations
Weighted average flotation cost = ( % flotation cost of debt × weight of debt) + (% flotation cost of preferred equity × weight of preferred equity) + (% flotation cost of common equity × weight of common equity)
= (3% × 35%) + (7% × 10%) + (10% × 55%)
= 0.0725
=7.25%
It means out of total capital which is raised 7.25%, would be the flotation cost.
Let total capital raised be X
So X × (1 - 7.25%) = $25 million
X = $25 million ÷ (1- 7.25%)
X = $26,954,178
Answer:
The answer is: Cobalt Sodas is not dealing with its main problem, which is the shift in consumer behavior
Explanation:
The main issue that Cobalt Sodas (CS) must address is the change in consumer behavior and to do this they must diversify their product lines.
Consumers are less interested now in beverages that are seen as unhealthy. They want to buy beverages considered to be healthy, so CS should start to develop a new product line of healthy beverages. If they sell "old style" cans that wouldn´t have a lasting positive impact. Maybe at the beginning they sell more cans but eventually their sales will keep falling until they diversity their product lines.