Answer:
Varga should recognize $4,000 as revenue in 2016.
Explanation:
As the cash received in advance is recorded as unearned revenue which is a liability for the Varga Tech Services because they did not provide the services yet. On December 31, Eight months have passed and services for these month has been provided. So the revenue of 8 month months of 2016 will be recognized and recorded at year end.
Serive Contract = $6,000 for 12 months
Revenue Recognized in 2016 = $6,000 x 8/12 = $4,000
Answer:
Relationship-oriented
Explanation:
Relationship-oriented is a quality of a leader, and it is fundamentally centred on supporting, encouraging and creating people and groups. They try to set up significant associations with their staff and expect to use this enthusiastic association with expand staff performance. By concentrating on the passionate needs of the staff, relationship-oriented leaders guarantee they have a positive and stimulated workforce.
Answer:
0%
30%
Explanation:
Given:
Average return = 15%
Standard deviation = 15%
Computation:
On assuming 68% chance,
Lowest point = Average return - Standard deviation
Lowest point = 15% - 15%
Lowest point = 0%
Highest point = Average return - Standard deviation
Highest point = 15% + 15%
Highest point = 30%
Therefore, on 68%, Lowest point is 0% and highest point is 30%.
Answer:
$4
Explanation:
Given:
Marginal utility of movie = 40
Marginal utility of baseball = 32
Price of ticket = $5
Find:
Price of baseball match ticket to change her mind.
Computation:
Per dollar utility of movie = 40 / 5
Per dollar utility of movie = 8
Price of baseball match ticket to change her mind = Marginal utility of baseball / Per dollar utility of movie
Price of baseball match ticket to change her mind = 32 / 8
Price of baseball match ticket to change her mind = $4
