Answer:
accrued basis income: 14,300
cash basis income: 9,500
Explanation:
accrued: we reocgnize base on the time of transfer of goods and the expense are mathced when the period they occur.
revenues 33,700
operating expense <u> (19,400) </u>
net income 14,300
cash basis: we recognize based on the cash collection or disbursement:
collected from customer 25,900
paid expenses (13,600)
insurance paid <u> (2,800) </u>
net income 9,500
Answer:
Explanation:
The following information can be gotten from the question:
Net realizable value (NRV) will be:
= $125,000 - $10,500
= $114,500
Normal profit will be:
= $114,500 - (30% × $125,000)
= $114,500 - $37,500
= $77,000
The amount should Garcel report as inventory on its balance sheet should be $77,000.
Answer:
The correct answer is letter "B": They should be ignored in a bidding war.
Explanation:
Negotiations are vital in every aspect. They allow individuals to deal with situations in which parties need from each other but either of them is willing to take the first step to come to an agreement. Negotiations can also be useful out of problematic situations when parties voluntarily want to make a pact but the initial terms are unclear.
Placing limits for negotiations is important as well. Limits will prevent parties from giving to much of themselves or avoiding the other party to take advantage of a given situation. Thus, in front of war, limits must be placed in a negotiation.
Answer: Postpone
Explanation:
In marketing, one of the ways to handle an objection is to postpone it until the end of the presentation. In the course of the presentation, the client may think that the project has a certain cost and it will not work or another reason, in this case, postponing it is one of how a person can present their idea until the end, to convince the potential client.
In this case, the seller handled himself well by telling him that the program is cheap and that he will explain the price in a moment, allowing him to express everything related to his program, giving him a chance for prospects they can know the program in its entirety.
Answer and Explanation:
If the broker shall have an "ownership interest" in a company, joint venture or alliance, and shall receive payments for the selling or lease of such land of these institutions.
Then the broker may choose to set up a separate escrow account for each "major accounting company" controlled or otherwise operated to comply with this and other regulations.
