Answer: $2,974.45 million
Explanation:
Cost of goods sold for Year 7 = $2,945 million
Cost of goods sold is expected to increase by 1%.
Cost of goods sold in Year 8 will be:
= 2,945 * (1 + 1%)
= $2,974.45 million
Answer:
a. Cash basis - Service revenue is $900
b. Accrual basis - Service revenue is $2,100 (which is $1200 + $900)
Explanation:
In accounting, there are 2 basis for recognizing transactions; these are cash basis and accrual basis.
In cash basis, sales and expenses are not recorded unless cash has been collected and paid respectively. In the accrual basis of accounting, expenses and sales are recorded when incurred and earned respectively.
Revenue earned under the accrual basis would therefore include the revenue for which cash has been collected and those for which cash is yet to be collected.
Answer:
If a currency such as the US$ is traded in a competitive market, a(n) increase in demand for the US$ raises the price of the US$ in terms of another currency such as the Japanese Yen (yen).
Explanation:
Basic offer and demand law.
Medicare coverage outside the United States is limited.
mostly, Medicare won’t pay for health care or supplies you get outside the U.S.
The term “outside the U.S.” means anywhere other than the 50 states of the
U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa,
and the Northern Mariana Islands, Virgin Islands.
Answer:
Make your questions objective and friendly.
Explanation:
An interview is an essential step in the process of selecting a candidate to fill a position in a company.
Through the interview, verbal and non-verbal data are collected that will help in the relationship between the profile of the interviewed candidate and the profile expected to fill the vacancy.
It is important that the interviewer uses some techniques to make the interview flow effectively, the first of which is to maintain a friendly posture, as it is common for candidates for an interview to feel intimidated or anxious due to the selection process.
It is also essential that the questions are objective and honest, so that there is a correct understanding and the candidate can answer correctly and effectively.
And the interview should be a step that does not cause intimidation and lack of ethics on both sides, it is ideal that the candidate feels motivated to ask relevant questions to answer their doubts, and that the interviewer conducts the interview schedule in an effective way.