Answer:
Cash for $475 and Credit Card Expense for $25
Explanation:
Cash for $475 and Credit Card Expense for $25
<span>The target
selling price per unit is $0.77, According the accounting books I have search,using
this solution: ($168,000 divided by 400,000) + $0.35= $0.77.Target costing is
an approach in most company to know a product’s life cycle cost in which it is
sufficient to develop specified functionality and quality.</span>
Answer:
I would prefer Asset B
Explanation:
A risk averse investor is the one who prefers lower amount of returns with known or specific risks instead of the higher amount of returns with unknown risks. So, from among the various level of risks, the investor will be preferring the alternative with the least interest.
So, in this case,
In Asset A: pay a return of $2,000 and at 20% of time and the $500 at 80% of time.
In Asset B: pay a return of $1,000 and at 50% of time and the $600 at 50% of time.
So, I would prefer, Asset B as it has low return but have a known risk that is of 50 -50.
Answer:
Under the accrual basis of accounting (or accrual method of accounting), revenues are reported on the income statement when they are earned. When the revenues are earned but cash is not received, the asset accounts receivable will be recorded.
