Answer:
88.38
Explanation:
Given;
1 U.S. dollar = 122 Japanese yen
1 British pound = 2.25 Swiss francs
1 British pound = 1.63 U.S. dollars
Therefore,
2.25 Swiss francs = 1.63 U.S. dollars
1 US. dollar = 2.25/1.63 Swiss francs
1 US dollar = 1.38 Swiss francs
since
1 U.S. dollar = 122 Japanese yen then,
1.38 Swiss francs = 122 Japanese yen
1 Swiss francs = 122/1.38 Japanese yen
1 Swiss francs = 88.38 Japanese yen
1 Swiss franc can be used to purchase 88.38 Japanese yen.
Answer:
Job description.
Explanation:
A job description is an internal document that a firm draws up to describe the responsiblities of a position, the required skill, and job requirements to perform a particular job role.
When a job description is well crafted it shows clearly what is required to hire a person for a job. This will reduce discrimination lawsuits because it will show clearly why a particular candidate was disqualified from the hiring process.
For example if a candidate was disqualified for not having a bachelor's degree, it should be well stated in the job description to avoid discrimination claims.
Answer:
Net Income for the year is $41700
Explanation:
The accounting basis that is generally followed by the businesses is the accrual basis of accounting. The accrual principle states that incomes and expenses should be recorded and recognized in the period to which they relate to rather than in the period where cash is received or paid.
This means that we will record income and expenses related to this year in this year's profit calculation even when we have not received or paid cash for such incomes and expenses.
Thus, net income for this year will be calculated as,
Net Income = Total Sales Revenue - Total expenses
Net income = 113000 - 71300
Net Income = $41700
Answer:
d. Over time
Explanation:
The interest revenue will be recognize over time, regardless of the payment
If we only recognize revenue at payment due, if the bank client doesn't paid then we cannot recognize the accrued interest receivable.
We will recognize over time.