Capital budgeting is the process in which a business determines and evaluates potential expenses or investments that are large in nature. These expenditures and investments include projects such as building a new plant or investing in a long-term venture. Often times, a prospective project's lifetime cash inflows and outflows are assessed in order to determine whether the potential returns generated meet a sufficient target benchmark, also known as "investment appraisal
Answer:
TRUE
Explanation:
According to the revenue recognition it will follow an accrual basis. It record the revenue as earned as the services were perform during the current accounting period.
It will recognize revenue for 400 as it was the amount the parties agree upon.
The common fee's of Smart Touch uhsually are irrelevant.
Answer:
The operators have not violated the antitrust laws because they are only collaborating to lobby the government
Explanation:
The antitrust law in the U.S. can be described as a group of federal and state government laws enacted to regulate the activities of business firms in order to enhance competition to the advantage of consumers.
The antitrust law aims to collusive activities that suppress trade, any merger and acquisition that would reduce competition, and prevent the the abuse of monopoly power.
Since the activity of the operators of adult bookstores does not fall under what the antitrust law aims to prevent but it is just a collaboration to lobby the government, they have a good defense that they have not violated the antitrust laws.
<span>the answer is Direct distribution
Direct distribution is a channel of distribution where the producer or manufacturer ensures his or her goods and services reaches the consumer without any intermediary like wholesalers or retailers, in this case all the middle players in the supply chain are eliminated.
By opening its own stores for selling sandwiches to consumers, Breadmakers, inc. will be doing a direct distribution (direct supply to consumers)</span>
Answer:
Supplies Expense 1625 Dr
Supplies Account 1625 Cr
Explanation:
First, we need to determine the supplies expense for the period. The supplies expense can be calculated by deducting the year end supplies balance from the supplies account balance.
The supplies expense = 2600 - 975 = $1625
The adjusting entry that will be made at the end of the period is,
Supplies Expense 1625 Dr
Supplies Account 1625 Cr