Answer:
C.when cash is received, either prior to, at the time of, or after the services are performed
Explanation:
Under the cash basis accounting, the revenue is recognized at the time when the cash is received. It can be at the time before the service performed or after the service is performed. It only involves cash transactions.
The cash basis of accounting reports the revenue earned and the expenses incurred that occurred in cash transactions only.
Answer:
$38,640
Explanation:
25% land - $2,000,000*0.25 = $500,000
75% building - $2,000,000*0.75 = $1,500,000
$160,000 buildings and $32,000 business = residential property
=$1,500,000*0.02576
= $38,640
Social responsibility means an acceptable theory which is applies to everyone, expecting that the act of individual must benefit the whole of society.
Corporate Social Responsibility refers to practices and policies undertaken by firms and other business, who are intending to have a positive influence on the environment and world at large.
Triple bottom line is also a concept that state that in addition to the <em>major objectives</em> of firms which is to make profit, they should ensure they impact the society and environment as well.
The looting of shops and mall will take a toll on the moral effort of firms and businesses adhering to the triple bottom line concept as well as the corporate social responsibility as they have to count on the loss incurred, caused by the masses.
Despite that insurance provision and government can provide compensation for the looted goods, still, the morale of the firms authorities and business owners towards the social responsibility concept and triple bottom line concept will be negative
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Answer:
33.33%
Explanation:
Let weight of T-bill be x, therefore weight of stock will be 1-x
Portfolio = Weight of stock*Beta of stock + Weight of T-bills*Beta of T-bills
1 = (1-x)*1.5 + x*0
1 = 1.5 - 1.5x
x = 0.5/1.5
x = 0.3333
x = 33.33%
Therefore, the percentage of the portfolio invested in treasury bills is 33.33%.