The correct answer is A) July 31st.
Orange County shows that the revenue was recognized on July 31st.
The other options of the question were B) August 1. C) August 5. D) August 6.
To be successful, a business needs good control and operation systems. Accounting is of the utmost importance when controlling the finances of a company. You have to keep your records straight. Your accountant needs to clearly understand when to record revenue in your book. So the accountant has to understand the general principles of accounting. According to the revenue recognition principle, revenue has to be recognized when they are realized, so you keep it in the book.
The answer it’s “d”
Student loans aren’t secured by collateral
Answer:
11.58%
Explanation:
The computation of the cost of preferred stock is shown below:
Cost of preferred stock = (Annual dividend) ÷ {Price of preferred stock per share × (1 - flotation cost)}
= ($11) ÷ {($100 × (1 - 0.05)}
= $11 ÷ $95
= 11.58%
Simply we divide the annual dividend by the price of preferred stock per share after considering the flotation cost so that the correct cost of preferred stock can be computed
Answer:
Machine center A will produce 70 standard bike to maximize his profit
while Machine center B will produce 26 units of deluxe an 2 units of standard
Profit = 1,548
Explanation:
<u>luxury bike contribution for constrain resource</u>
18 / 4 = 4.50 dollar of profit per hour
18 / 3 = 6.00 dollar of profit per hour
<u>standard bike contribution for constrain resource</u>
15 / 2 = 7.50 dollar of profit per hour
15 / 3 = 5.00 dollar of profit per hour
Machine center A will produce 70 standard bike to maximize his profit
while Machine center B will produce 26 units of deluxe an 2 units of standard
profit = 70 x 15 + 26 x 18 + 2 x 15 = 1050 + 498 = 1,548
Answer:
Paper/Paperboard/Fiberboard.
HDPE/PET/Rigid Packaging.
LDP/LLDPE/Flexible Packaging.
Aluminum Packaging.
Glass/Jars.
