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lidiya [134]
3 years ago
12

A flower shop makes a large sale for $1,500 on June 30. The customer is sent a statement on July 5 and a check is received on Ju

ly 10. The flower shop follows GAAP and applies the revenue recognition principle. When should the $1,500 be recognized
Business
1 answer:
Vsevolod [243]3 years ago
3 0

Answer:

June 30

Explanation:

As per the revenue recognition principle, the revenue is recognized when it is earned or realized that means service is performed but the payment is not made at the time of providing the service.

It is not get impacted when will be the cash received.

So, in the given case, the large sale is made on June 30 and on June 30 the revenue would be recognized.

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Your portfolio has a beta of 1.75. The portfolio consists of 17 percent U.S. Treasury bills, 31 percent Stock A, and 52 percent
earnstyle [38]

Answer: 2.77

Explanation:

Portfolio Beta is the Weighted Average Beta of all the individual stocks in a portfolio.

Seeing as the other betas and proportions are given, we can plug this into a formula to find out the beta of stock B.

In case you do not see a beta for the U.S. Treasury bills that's fine because beta is a measure of risk and U.S. Treasury bills have NONE so that means that their better is 0.

And if you are wondering what the beta of stock A is, the answer is 1 because that is the beta of the overall market by definition.

Creating a formula therefore we have,

1.75 = 0.17(0) + 0.31(1) + 0.52x

0.52x = 1.75 - 0.31

0.52x = 1.44

x = 2.76923076923

x = 2.77 (2dp)

2.77 is the beta of Stock B.

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3 years ago
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2 years ago
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16. Who has the control and management of company? (1) (a) Managing committee (b) Partners
Oksana_A [137]

Answer:

(d) Board of directors

Explanation:

The board of directors is at the summit of a company's organizational structure. It is the most senior decision-making organ of a company. It is composed of a group of individuals elected to represent the shareholders. The board of director's main role is to give policy direction and oversight the top management.

The board of directors is a  purely managerial body. It meets at intervals to discuss company affairs. The board of directors recruits the chief executive officer of the company.

8 0
2 years ago
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if tech
ki77a [65]
Epa rules require capture of 80% of the refrigerant from a small appliance sealed system with a non-operating compressor if technicians are using: <span>Self-contained (active) process. </span>This requirement makes it easier for the technicians to install a safe and environmentally friendly product for the customer and speed up the time of the procedure.
3 0
2 years ago
Suppose a new car company sought to enter the rental car market, and Enterprise, Avis and Hertz responded by offering rentals ve
Anni [7]

Answer: The problem of this plan is that their income will not be able to break even, because their cost price will be grater than the selling price. Which may cause the new company to wind up

Explanation: break even is a point where the cost price is equal to the selling price. This means that profit nor loss were not made.

Because Avis and Hertz are offering rentals at a prices below average variable cost, the company may not be able to meet up with capital for production of more cars, and this will cause them to wind up.

For a new company, it is always advisable to keep it's selling price a little bit above or the same with it's cost Price, because the strength not any business is the ability to produce more to fill the space of scarcity.

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