Answer: A- Revenue under the installment sales method, as soon as it has assisted Steffi in setting up the store.
Explanation: The installment sales method is a method of accounting accepted under the US Gaap. It is a method were revenue is recorded in instalments and the cost of sales and gross profit recognised upon the collection of the installment revenue.
It is a method of accounting used mainly by construction companies whose revenue are not received once but in installments.
Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>
Answer:
Users
Explanation:
The users be the ones to use the product, initiate the purchase process, generate purchase specs and evaluate product performance after the purchase.
Answer:
The basic EPS for Junkyard Arts, Inc. is $5.2 per share.
Explanation:
The basic earnings per share is the amount of net income that is earned per share of common equity or the amount of net income attributable to each share of common stock. The basic earnings per share (EPS) is calculated using the following formula,
Basic EPS = (Net Income - Preferred stock dividend) / Weighted average number of common shares outstanding
The preferred stock dividend for the period was = 8 * 2500 = 20000
Basic EPS = (290400 - 20000) / 52000
Basic EPS = $5.2
Answer: Incorret
Explanation: This is incorrect because the more information we have about the market and the obsolescence time of our products, the better we will be able to coordinate the marketing strategy so that the time spent will be paid with greater profits in the future.
For example, appliances affected by competition or improvements become appliances that replace the previous ones if you do not evaluate the obsolescence time of these items, it is likely that when our product is launched, there is already a better one in the market.
