Answer:
Explanation:
Increase production i.e; facilitate the production to the maximum of the capacity in the short run. Ensure longer term innovation and investment to reduce risk for future. Keep educating the children to take care of future needs.
Answer:
The answer is letter "D": Estimate the total transaction price of the contract based on the sum of the stand-alone selling prices of the goods.
Explanation:
There are five steps for revenue recognition established by the Financial Accounting Standards Board (<em>FASB</em>) which are: <em>Identifying the contract with a customer; Identifying the performance obligations in the contract; Determining the transaction price; Allocating the prices to the performance obligations </em>and<em>; Recognizing revenue.</em>
In that sense, estimating the total transaction price of the contract based on the sum of the stand-alone selling prices of the goods has nothing to do with it.
The bank’s action is considered to be legal though it is
unethical. It is because having to take the information of Clement is legal
though it is considered unethical because they used his information just to
sell him the insurance policies.
Answer:
b
Explanation:
Form utility is a type of nullity that occurs as a result of the design of the product or service itself.
Time utility exists when a company makes a good or service available to consumers at the time that is most desirable or convenient for them.
Possession utility is utility derived from owning a product
Answer:
Value of the bond = $767.70
Explanation:
<em>The</em><em> value of the bond </em><em>is the present value of the future cash receipts expected from the bond. The value is equal to present values of interest payment and the redemption value (RV).</em>
Value of Bond = PV of interest + PV of RV
The value of bond for Potter Industries can be worked out as follows:
Step 1
<em>Calculate the PV of Interest payment</em>
Present value of the interest payment
<em>PV = Interest payment × (1- (1+r)^(-n))/r</em>
<em>Interest payment </em>= 6% × $1,000 = $60
PV = 60 × (1 - (1.0.086)^(-10)/0.086)
= 60 × 5.4912
= 329.47
Step 2
<em>PV of redemption Value</em>
PV of RV = RV × (1+r)^(-n)
= 1000 × (1.086)^(-10)
= 438.229
Step 3
<em>Calculate Value of the bond </em>
=329.47 + 438.229
=767.7066285
Value of the bond = $767.70