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2 years ago

If a tangible good or service performs the promised function dependably, we say that it has high:

Business

1 answer:

kobusy [5.1K]2 years ago

6 0

Hello there,
The answer to your question is reliability

Hope this helps :))

~Top

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The new ASC Topic 606 for revenue recognition:

denpristay [2]

Answer:

addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.

Explanation:

ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.

5 0

2 years ago

A present value of $2600 is invested in an account with an annual interest rate of 4.1% . Determine the minimum amount of time r

Olin [163]

Answer:

The minimum amount of time required is:

26.82 years.

Explanation:

Present value = $2,600

Future value = $7,800 ($2,600 * 3)

Annual interest rate = 4.1%

Monthly interest rate = 4.1%/12 = 0.342%

$2,600 will need to be invested for 321.781 (26.82 years) periods to reach the future value of $7,800.00.

FV (Future Value) $7,800.00

PV (Present Value) $2,600.00

N (Number of Periods) 321.781

I/Y (Interest Rate) 0.342%

PMT (Periodic Payment) $0.00

Starting Investment $2,600.00

Total Principal $2,600.00

Total Interest $5,200.00

5 0

2 years ago

How does the type of product you’re considering affect your conclusions in the questions above: specifically, does it matter if

soldier1979 [14.2K]

Answer:

the type of product affects the buying conclusions that a person makes

3 0

3 years ago

In March 2007March 2007, the U.S. unemployment rate was 4.44.4 percent. In August 2008 August 2008, the unemployment rate was

eimsori [14]

Answer:

A Recession happened.

Explanation:

When the market sees a recession we see an increase in the unemployment rate due to cyclical unemployment whenever there in a business cycle even though the labor force was constant but in a recession companies face a lot of costs which become higher than their revenue so for example when there is a recession the cost of producing 1 more unit is actually higher than the revenue a firm gets from producing that 1 unit because marginal cost increases at a decreasing rate so they have to lay off people at a firm on that unit of production to maximize revenues.

7 0

2 years ago

Portside Watercraft uses a job order costing system. During one month Portside purchased $173,000 of raw materials on credit; is

Nadya [2.5K]

Answer:

One parent organism and no egg or sperm

Explanation:

5 0

3 years ago