Answer:
b. only revenue is recorded each time a sale is made
Explanation:
Under <u>periodic inventory we adjust for COGS at the end of each month,</u>
We don't recognize Cost of Goods Sold at the moment of sale.
<u>When a sale occurs we recognize the revenue associate with the sale only.</u>
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It is under perpetual system when he adjustment on inventory and COGS are done simultaneously with the sale.
Answer:
Cash interest paid to the bondholders in 2016 is $9,000
Explanation:
The cash interest paid on the bond can be ascertained using the below coupon amount formula:
cash interest=face value*coupon rate
face value of the bond is $100,000
coupon rate is 9%
cash interest=$100,000*9%=$9,000
The cash account would be credited while interest expense is debited with $9000 plus amortization of premium on bonds
Answer:
D. Are likely liable under the theory of compelled self-publication
Explanation:
Considering that Steve was terminated in a state that recognizes compelled self-publication, a defamatory claim will be premised on the assumption that Big Flop, Inc. are liable for the actions of their representative, Sam, who terminated Steve on the basis of unfounded allegations of embezzlement, which Steve was forced to reveal when it became a sticking point liable to derail his next job offer.
Answer:
1. The relationship between customer and Online - One to one
2. The relationship between customer and Satisfaction - One to many
3. The relationship between online and visits - Many to many
4. The relationship between Visits and satisfaction - Prototype
Explanation:
The relation ship with customer is often one to one. The customers are required to fill the satisfaction surveys which enable the business to understand their value in the eyes of its customers and try to improve their level of service to their customers. The customer satisfaction is important for any business as the satisfied customer may bring more customers.
