Answer:
By using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018
Explanation:
Percentage-of-completion method : Under this method,
First we have to calculate the percentage which is based on current period cost to total period cost.
After that, multiply the percentage with the revenue so that we get to know how much revenue is being recognized during an particular year.
In mathematically,
Estimated Cost percentage = current period cost ÷ total period cost
= $48 million ÷ $120 million
= 40%
Now,
Revenue recognized = Estimated cost percentage × Revenue
= 40% × $160 million
= $64 million
Hence, by using the percentage-of-completion method the $64 million revenue should Parmac recognize in 2018
Yes its true primary research is more expensive tha secondary market research
Answer:
5,100 Consumers
Explanation:
The 17% of the total consumer recognize Flatfeet brand which means:
Consumers who recognize Flatfeet = Total Consumers * percentage of people that recognize the brand
Here
Total consumers are 30,000
And
Percentage of people that recognize the brand is 17%
By putting values, we have:
Consumers who recognize Flatfeet Brand = 30,000 * 17%
Consumers who recognize Flatfeet Brand = 5,100 Consumers
Answer:
b. the Columbian Exchange.
Explanation:
The transatlantic flow of people and goods such as corn, potatoes, horses, and sugarcane is called the Columbian Exchange.
The Columbian exchange or interchange, refers to the monumental flow of humans, plants and animals between the continents of North and South America and West Africa; and was named after Christopher Columbus.
The Columbian interchange has been documented to have taken place in the in the 15th and 16th centuries: also referred to as 'the old world'
Answer: Option (D) is correct.
Explanation:
If the potential GDP is 70 and economy is in recession. Potential GDP is the GDP of an economy which can be achieved with the best utilization of economy's resources.
The amount of the shortfall in planned aggregate expenditure is equal to the vertical distance between the 45 degree line and the AE = Y, at a level of potential real GDP.
This is also shown by an arrow in the diagram.
