events that change a company's financial statements are recognized in the period they occur rather than in the period in which cash is paid or received.
Answer: Option C.
<u>Explanation:</u>
Accrual basis is a technique for recording bookkeeping exchanges for income when earned and costs when brought about. A key bit of leeway of the collection premise is that it matches incomes with related costs, so the total effect of a business exchange can be seen inside a solitary announcing period.
Accounting method that records incomes and costs when they are brought about, paying little heed to when money is traded. The expression "accrual" alludes to any individual section recording income or cost without a money exchange.
Answer
A. 9.9%
The answer and procedures of the exercise are attached in the images below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
If Mary doesn't use the card in a responsible way, there's a possibility that Mary will spend more than what her parents allowed her to spend. Therefore, giving more payment duties to her parents which could also result to debt if the amount spend is too much.
Answer: The correct answer is "A. 4 days.".
Explanation: Four days would be the lenght of an order cycle because the quantity of the order must be divided on the demand rate, that is,
80 (quantity of the order to be ordered) / 20 (normal demand rate) = 4 days.
Answer:
C
Explanation:
A foreign direct investment is a form of controlling ownership/investment in a business in one country's by an entity based in another country. This is to show that since the Saudi business man is making an investment in the form of buying $10 Million stock from IBM it shows that he is expanding the operation of IBM in another country rather than his.