Answer:
The revenue recognition principle
Explanation:
The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and not when cash is received for the service rendered
For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.
Answer:
17400
Explanation:
Bill will be reimbursed $17,400; $17,600 minus the $200 deductible.
<h2>•→ <u>Gross Profit </u><u>Margin </u>•→</h2>
#→<u> </u><u>Gross margin</u> is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e. g. production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.
<h2>•→ <u>Net Profit </u><u>Margin </u>•→</h2>
#→<u> </u><u>The net profit margin</u>, or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
<h3 /><h3>I Hope This Helps You... </h3>
Answer:
$86,166.31
Explanation:
We use future value (FV) formula as follows:
Step 1: Calculation of amount to have after five years:
Five years FV = $10,000 × (1 + 0.1)^5
= $10,000 × (1.01)^5
= $10,000 × 1.61051
Five years FV = $16,105.10
Therefore, $16,105.10 will be realized after five years.
Step 2: Calculation of amount to have after twelve years:
Twelve years FV = $16,105.10 × (1 + 0.15)^12
= $16,105.10 × (1.15)^12
= $16,105.10 × 5.35025010547371
Twelve years FV = $86,166.31
Therefore, you will have $86,166.31 after 17 years.
Answer:
Crowding out refers to the situation in which borrowing by the federal government raises interest rates and causes firms to invest less - option A.
Explanation:
Generally, a condition whereby a persistent government borrowing decreases the likelihood of the government repaying the borrowed loan or credit and consequently raises the interest rate is referred to as Crowding out. This situation would cause a decline in private investment level by the companies or firms.
Therefore, borrowing by the federal government raises interest rates, causing firms to invest less is the correct answer.
