Answer:
The revenue recognition principle
Explanation:
The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and not when cash is received for the service rendered
For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.
Answer:
$1,500
Explanation:
Investment interest expenses = Interest Income + Non qualifying dividends
Investment interest expenses = $500 + $1,000
Investment interest expenses = $1,500
$1,500 < $2,500 (Investment interest expenses)
The long term capital gains are not considered in investment income because this income is taxed at a preferential rate. Hence, the Investment interest expenses deduction for the year is $1,500.
Answer:
X (the variable on the horizontal axis) will increases by 2.
Explanation:
The slope of a straight line is -3. So, m=6.
Slope of a straight line is
Y (the variable on the vertical axis) decreases by 6.
Change is y = -6
We need to find the change in (the variable on the horizontal axis).
Substitute the given values in the above formula.
Note: All options are incorrect.
Therefore, X (the variable on the horizontal axis) will increases by 2.
Peyton is engaging in a sales strategy in which he would likely tell of the buyer that the land will increase twice as much in the following year if it has not been brought in which this strategy will be able to lure the buyer into thinking of whether he or she will buy the land or not.
d. time period and b. internal factors
