1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Morris' company decided in the beginning of 2017 that they need to make $6,000,000 worth of improvements starting january 1, 202
Ne4ueva [31]
<span>In order to determine the amount of the deposits, you must divide the overall amount needed by the future value of annuity due of 1 at 10% for 4 periods.  $6,000,000 / 5.11 = $1,174,168.</span>
7 0
4 years ago
Which of the following are all strategies for improving productivity in​ services? A. high​ interaction, mass​ customization, se
MissTica

Answer:

E. ​separation, self-service,​ automation, and scheduling.

Explanation:

Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.

Strategies for improving productivity includes separation, self-service,​ automation, and scheduling.

When there is seperation in services available to a customer, they easily identify the most relevant one to them.

Self service gives control of the process to the customer, resulting in greater satisfaction.

Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.

Scheduling reduces time wastage by assigning time to complete activities.

4 0
3 years ago
Jane is 20 years old and is a sophomore at Lake University. She is a full-time student and does not have any gross income. Jane
OLga [1]

Answer:

c. Jane grandparents cannot claim her as a dependent because Jane provided more than half of her own support.

Explanation:

Based on the information given the statements regarding the dependency rules for Jane that is true is Jane grandparents cannot in any way claim Jane as a dependent reason been that Jane provided more than half of her own support due to the fact that she her s total support for is the amount of $30,000 which as well include a scholarship of the amount of $5,000 to help cover tuition in which Jane used the amount of $12,000 of her savings while her grandparents on the other hand only provided the amount of $13,000 out of the Total support of $30,000.

3 0
3 years ago
When housing prices ________ as they did beginning in 2006 following the housing market bubble, most banks and other lenders tig
-Dominant- [34]

Answer:

"Fell" "Harder"

Explanation:

When housing prices fell as they did beginning in 2006 following the housing market bubble, most banks and other lenders tightened the requirement for borrowers, making it harder for potential home buyers to obtain mortgages.

6 0
3 years ago
A marketing strategy that involves a firm using different marketing mix actions to help consumers perceive the product as being
Gwar [14]

Answer:

It is referred to as product differentiation.

Explanation:

Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.

This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Workplace Messaging and Texting
    13·1 answer
  • How often should you check your office voicemail?
    13·2 answers
  • 1. Cost-volume-profit analysis assumes all of the following EXCEPT:
    5·1 answer
  • One way to interpret the change in Blue Hamster's accounts receivable balance from Year 1 to Year 2 is that more customers purch
    12·1 answer
  • Why are savings tools ideal for storing emergency savings? identify at least two reasons. (2 points?
    10·1 answer
  • If the length of the axle was cut 5mm shorter, the volume would be reduced to 280.7mm3. What would be the new mass of the axle?
    10·2 answers
  • Gilberto Company currently manufactures 40,000 units per year of one of its crucial parts. Variable costs are $1.60 per unit, fi
    7·1 answer
  • Steve receives a $1.50 raise from $8.25 and also insurance benefits. If he works 43 hours in week one and 30 hours in week two,
    13·1 answer
  • Calculate the simple interest and maturity vale. (do not round intermediate calculations. Round your answers to the nearest cent
    12·1 answer
  • A cashier is what type of resource ?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!