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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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Coffee Klatch is a chain of small coffee shops that are located in college towns and mostly employ students. The company offers
NNADVOKAT [17]

Answer:

High Morale.

Explanation:

Morale is internal feeling and it is inspired by the environment. It depends upon the relations between expectations and reality.

A motivated person tends to experience high morale A person in High morale group need not be Motivated.

Make sure that employees are interested in and appreciated for their work. High morale yields higher productivity in an organization Employees’ spirits can easily fall if their day-to-day responsibilities are monotonous or if they don’t feel valued by their supervisors. Over time, this can translate into an unmotivated and unproductive staff.

Employees evaluate their treatment relative to the treatment of others, they need to fell contributions to their jobs. What employees receive in return is the perceived ratio of contribution to return determines, and equity.

How to Boost Morale?

-Motivate employee with your examples

-Establish clear and good communication with employees

-Enrich employees’ jobs

-Challenge employees to perform better Involve employees as equal members of your team

-Consult your employees

-Empower your employees

-Acknowledge and appreciate employees

-Show care to your employees

-Create healthy work environment

-Do some personal things

5 0
3 years ago
6. If negative float appears on a partial path (until certain activity), the most likely explanation is: a. One or more activiti
mixer [17]

Answer:

Negative Float on a Partial Path:

c. The project is meeting its expected completion date but a certain activity/ event on that path is not meeting its expected completion date.

Explanation:

Float is the quantification of delays in a project.  Negative float means that there is a delay exceeding the intended or allowed float by an ascertainable time.  This means that float is about the time when an activity takes longer than originally planned.  Some projects have inbuilt standard float which had been computed based on past experience of similar projects, with some allowances made for different expected scenarios.

4 0
3 years ago
You deposit $200 into the stock market. Every year your stock market account increases by 12 %. You leave the money in the accou
saveliy_v [14]

Answer:

Therefore after 5 year the balance in the stock market is $ 352.47.

Explanation:

Exponential growth formula :

y=a(1+r)^t

y= Final amount

a= initial amount

r= rate of growth

t= time

Given that,

The deposit amount = $200

Rate of interest (r)=12%=0.12

Time (t)=5 years

\therefore y=200(1+0.12)^5

      =$352.47

Therefore after 5 year the balance in the stock market is $ 352.47.

3 0
4 years ago
What information should be included in a 60 second interview commercial?
Kipish [7]

In a 60 second interview commercial you should include your strengths and qualifications that are most suited to the position you are pursuing. You should also use positive language and positive body language and behaviors. Personal information on the other hand should be avoided.

7 0
3 years ago
Which statement is correct, all else held constant? A. Beta is used to compute the return on equity and the standard deviation i
Vsevolod [243]

Answer:

A decrease in a firm's WACC will increase the attractiveness of the firm's investment options.

Explanation:

hope this helps you :)

6 0
3 years ago
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