You have to change the oil, get it serviced, put gas in it, etc. The list goes on and on and on.
Answer:
As a result of operations, there will be an understatement of McGinnis’ net income for the most recent fiscal year of 30900
Explanation:
Services 40900
Weekly wage 10000
FY end on June 30900
The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made. Thus, you record revenue only when a customer pays for a billed product or service, and you record a payable only when it is paid by the company
Examples of secondary groups, which are formal but less personal groups that are goal oriented (in this case the goal is financial advisor learning).
Answer:
Sell before assembly, the company will be better off by $3 per unit
Explanation:
the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit
Profit = revenue - cost
Profit that would be earned from selling the unassembled unit = $52 - $24 = $28
Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25
The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit
<span>Electronic scanners that track consumer purchases are examples of the observation method of marketing research.Because they observe it and checks whether it is the correct input and also it checks whether the pattern is match with the already inputted format. Without proper output of scanners we can't proceed the purchase.</span>
