FALSE. It is not greater then firms with smaller cash flows.
Answer:
d.when the services are rendered without regard to when cash is received
Explanation:
Accrual based accounting requires that the services should be performed or rendered associated with the revenue when you recognize it. It does not matter when the cash for the revenue is received. You may received the cash in advance or after some time from you rendering services. As your render the services you can record your revenue.
Answer: positive cross elasticity of demand.
Explanation: In simple words, cross elasticity refers to the degree of change in the demand of a good with respect to change in the price of another goods.
In case of substitute goods, one good can easily be used in the place of another good. Thus, if the price of one good increases the demand for its substitute good also increases.
Hence from the above we can conclude that substitute goods have positive cross elasticity.
Ohio State University's research on initiating structure and consideration was focused on identifying the task-oriented aspect of leadership.
Task-oriented leadership occurs when the manager specifies the group's tasks and delegates assignments to each member, through clear processes and with a set deadline for completion.
In task-oriented leadership, the leader will clearly establish the initiation structure by organizing the group's actions guided by a well-defined schedule.
Therefore, Ohio State University research was focused on identifying task-oriented leadership, which is used to structure the workplace by directing the achievement of tasks and priorities through completion in the allotted time.
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Answer:
$0
Explanation:
The net income is the difference between the sales and total cost which comprises of the variable cost and fixed cost. The sales and variable cost are dependent on the number of units sold.
Let
u = number of units
s = selling price per unit
v = variable cost per unit
F = Fixed cost
I = Net income
I = su - F - vu
but vu = 0.3su
Hence
I = su - 0.3su - F = 0.7su - F
Given that the proposal will increase sales by $12,000,
New sales = su + 12000 ( in $)
and total fixed costs by $8,400
New fixed cost = F + 8400
New variable cost = 0.3( su + 12000) = 0.3su + 3600
New net income = su + 12000 - 0.3su - 3600 - F - 8400
= 0.7su - F
New net income is same as the old net income hence no increase.
