Answer:
A. $ 24,000
Explanation:
Given that Jerry received $24,000 for the first year’s rent and $24,000 for the last year’s rent, the amount received for the first year's rent is the amount earned by Jerry in the first year and as such is recognized as the income for the year.
The $24,000 received as rent for the last year is not an earned income but a deferred income. It may also be called unearned revenue and is accounted for as a liability until it is earned (in the last year).
As such, only $24,000 of the $48,000 received is included in Jerry’s current-year income.
Answer: a).
Currently attainable standards can be achieved under efficient operating conditions.
Explanation: currently attainable standards are standards which have been found to be achievable considering the current prevailing circumstances,this standards re usually set up for use in the short term it is not expected be achievable during the long term.
Currently achievable standards are always difficult to achieve but if resources are efficiently managed/ used it will be achieved. Currently achievable standards are usually set to evaluate performance especially in cost,time and materials management.
The most suitable tool that can enable a student to determine an academic major is an interest inventory.
Option D is the correct answer.
<h3>What is an academic major?</h3>
An academic major is an academic subject in which an undergraduate student is enrolled. When a student completes his/her all examinations then he/she is awarded an undergraduate degree.
An interest inventory is a type of instrument used to identify and evaluate the areas of interest of a student. It is also called an interest test. it can help a student to make choice about his/her academic major for graduate studies.
Therefore, the interest inventory is the most suitable tool for determining an academic major.
Learn more about the academic major in the related link;
brainly.com/question/14455619
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Cage company had income of $350 million and average invested assets of $2,000 million. its return on assets (roa) is
The formula of return on assets is net income divided by average assets.
Given that the net income is $350 million, average asset is $2000
The answer is 0.0005
Answer: Decline
Explanation:
If U.S. goods fall in quality, less people will demand the goods which will lead to a fall in U.S. exports.
As U.S. goods are denominated in dollars, a fall in the demand for US exports is akin to a fall in demand for the US dollar.
The US dollar gets weaker so the exports at every exchange rate will fall.
Net exports is calculated by subtracting imports from exports so net exports will decline as a result of exports falling.
