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DaniilM [7]
3 years ago
13

James Corporation is an agent of Alten Corporation. Their agreement specifies that James will receive a commission equal to 15%

of the sales price. During May, James sells goods with a sales price of $200,000 for Alten. For the month ended May 31, Alten Corporation should recognize revenue of:
Business
1 answer:
Alex3 years ago
5 0

Answer:

$200,000

Explanation:

Given that

Commission = 15% of the sales price

Sales price of the goods = $200,000

So by considering the above information, the revenue should be recognized of $200,000 as it represents the sale price of the goods i.e revenue and the same is to be recorded in the books of accounts

Therefore, the commission percentage is ignored in this case

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Answer:

See explaination

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// Address.java

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*/

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/**

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*/

public String getName()

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return name;

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*/

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public int getNumber()

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//end of Address.java

//AddressBook.java

import java.util.ArrayList;

import java.util.List;

public class AddressBook {

/**

* The list of business addresses. No two businesses in the list

* can have the same address (both the same street and street number)

*/

private List<Address> addresses;

/**

* Constructs an empty AddressBook

*/

public AddressBook()

{

addresses = new ArrayList<Address>();

}

/**

* atparam st the name of a street

* atreturn a list with the names of each business with an address on that street

*/

public List<String> onStreet(String st)

{

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/**

* Searches for an existing business with an identical address (street and number

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*

* atparam nm the name of the business

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*/

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{

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{

addresses.remove(i); // remove the ith address from list

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}

}

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addresses.add(new Address(nm,st,no));

return addresses.size()-1; // return the last index

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//end of AddressBook.java

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