Answer:
A.recognizes revenue and gross profit each period based upon progress.
Explanation:
The percentage of completion approach is an accounting technique used to recognize revenue in ongoing projects. Revenue from long term contracts is calculated based on the percentage of work completed in a period. This method is applied when payments are assured, and the percentage of work done can be estimated with some degree of accuracy.
The percentage of completion is mostly used in construction industries, but the concept can be used in many projects. The method compares the revenues and expenses of a project against the percentage of work completed in the financial period. The percentage of completion method contrasts with the completed contract method that recognizes income upon completion of a project.
A wage is paid periodically upon finished work or upon a finished number of work hours. A salary is paid usually monthly regardless of how much you worked, it's like a fixed income. A commission is a type of work where you get all the money at once, once you're done with the work. This is how artists earn from paintings or composing songs or things like that.
Hello there!
Let's take note of some things first. When a argument occurs, there's always two different kind of people. You would have someone who think he has a point and he explains his opinion on this matter, and then you would have the other opponent who would most likely say the complete opposite of this other person.
Now, when conduction the argument of the topic "cell phones", there would be a ton of different opinions on this matter.
For an example:
(Person #1) - opposer.
Cell Phone's are very useful, when you need to call a person, you would have something to communicate with the other person. It would be encounter as a essential in our every day life.
(Person #2) - opposer.
I believe that Cell Phones are unsafe. People could track you down and hurt you to the full. They can take your information, and then you would have some several bad cases on this matter. I believe that Cell Phones are not safe.
__________
Based on looking at this example here, you would see on how they're are two different opinions here. They both have different explanations.
I hope this helps you!
Answer with its Explanation:
The result is that some of the credit cards pays interests on the cash surplus and charges interests on the cash deficit. If the interest rate is higher then the interest on the real cost of items that are finance with the negative balance will be charged interest on the higher interest rate because the interest rate is higher. If the interest rate is lower then the effect of credit card interest rate would be higher on the real cost of items.
Answer:
Therefore, the free cash flow for Cellular Access for the most recent fiscal year is $ 140 million
Explanation:
Given;
Net operating profit after tax (NOPAT) = $ 250
Depreciation expenses = $100 million
Capital expenditures = $200 million
Net working capital increment = $10 million
Free Cash Flows = net operating profit after tax + Depreciation - capital expenditure - Increase in net working capital
Free Cash Flows = ($250 + $100 - $200 - $10) million Free Cash Flows = $ 140 million
