Answer:
C.when cash is received, either prior to, at the time of, or after the services are performed
Explanation:
Under the cash basis accounting, the revenue is recognized at the time when the cash is received. It can be at the time before the service performed or after the service is performed. It only involves cash transactions.
The cash basis of accounting reports the revenue earned and the expenses incurred that occurred in cash transactions only.
Answer:
The correct answer is option A.
Explanation:
Sharon in consuming two goods X and Y.
The price of X is $2 and that of Y is $1.
The marginal utility derived from consuming X is 60 utils and from consuming Y is 30 utils.
For profit-maximization the ratio of marginal utility and price should be equal for both goods or the marginal utility of money spent on both goods should be equal.
The ratio for good X
=
=
= 30
The ratio for good Y
=
=
= 30
Since the ratio is same for both the goods it implies that Sharon is maximizing her total utility.
Answer:
heyy i hope ur having a great day so far hope my answer helps :)
Explanation:
<h2><em>
$136348.618</em></h2><h2><em>
</em></h2><h3><em>
Present value (PV) =$1,600,000
</em></h3><h3><em>
</em></h3><h3><em>
Number of year(n) = 20
</em></h3><h3><em>
</em></h3><h3><em>
Rate(r) = 6.5% = 6.5 / 100 = 0.065
</em></h3><h3><em>
</em></h3><h3><em>
Payment monthly (PMT) = ?
</em></h3><h3><em>
</em></h3><h3><em>
Calculation:</em></h3><h3><em>
in the picture </em></h3><h2><em>
</em></h2><h2><em>
</em></h2><h2><em>
So, Payment per month = $136348.618</em></h2>
Answer:
From what I can tell, C.
Explanation:
His business could generate up to $8M (3YA) and still be considered a small business. He only has three employees, so he's still small.