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larisa [96]
3 years ago
12

Sales revenues are usually considered earned when an order is received. cash is received from credit sales. adjusting entries ar

e made. goods have been transferred from the seller to the buyer.
Business
1 answer:
lesya [120]3 years ago
8 0

Answer:

The answer is C. goods have been transferred from the seller to the buyer

Explanation:

Revenue Recognition states one should recognize revenue when it is earned and not only when cash is received.

Option C. is correct.

When goods have been transferred from the seller to the buyer, it means the buyer has bought something and the ownership and risk for the asset have been transferred to the seller. Well, this doesn't say whether cash is received at the point of exchange or not but revenue has been earned.

Option A is wrong. This transaction affects accounts receivable because revenue for this must have been collected before

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Ted is trying to decide what cost of capital he should assign to a project. Which one of the following should be his primary con
MrMuchimi

Answer:

c. Mix of funds used to finance the project.

Explanation:

Most of the time businesses don't have the required funds to invest in projects especially capital intensive projects. So businesses raise long term finance from various sources, for example, from capital markets through issuance of shares/stocks and from debt sources through raising long term loans and debt instruments like bonds.

Now each source of finance has a different cost to the business depending upon the likely risks associated with each source of finance and nature of business itself. Therefore, businesses strive to assign such a cost of capital that primarily recovers the cost of finance and generate surplus wealth for the business. So the decision of what cost of capital should be assigned to a project primarily depends upon the the mix of funds used.

Secondly, risk level of the project might somehow effect the required rate of return expected by shareholders and/or debt providers but may not be the primary consideration in this decision.

5 0
4 years ago
If a product makes it through a rigorous development process will it be sure success
RoseWind [281]
No it’s still a 50/50 chance the product will even do good once it’s on the shelf because of its competitors
7 0
3 years ago
Read 2 more answers
at starbucks, customers use cash or credit cards to make purchases. what control problem may occur when employees accept cash fo
Tatiana [17]

When employees collect cash for a sale, a control issue could arise since they might be inclined to steal.

<h3>Explain about the cash purchases?</h3>

A business makes a cash purchase when it pays for products or services right away after ordering or receiving them. The supplier does not grant credit. Account payable is not established. Regardless of whether the company utilizes accrual basis accounting or cash basis accounting, the resulting expense is promptly reported to an expense account.

In contrast to the income statement, the cash flow statement records cash purchases more directly. In actuality, precise cash outflow events are completely absent from the revenue statement.

For instance, a customer might enter a store and buy an apple using a debit card. Debit cards operate similarly to cash in that they immediately deduct the amount due for the apple from the buyer's bank account. There is a cash exchange here.

To learn more about cash purchases refer to:

brainly.com/question/25770850

#SPJ4

5 0
1 year ago
What percent of adults, nationally, were current on all credit payments in the last year?
Furkat [3]

The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .

Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience.  They are said to often have a high balance on too many credit card.

The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.

Miral county’s payment rate is 80%, 10% higher than the state of Texas.

The “clumping may be due to the types of jobs that are available to certain states.

<h3>The reasons our credit card or loan bill paid late?</h3>

The  reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:

  • Credit score reduction drastically, that can affect your credit report badly.
  • It can also  affect the types of opportunities, etc. that one can get through the credit bureau.

learn more about  credit payments from

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8 0
2 years ago
Which of the following is likely to happen if employees think that their organization is
enyata [817]

Explanation:

If employees think their organization is overly driven by politics then

  1. The employees are less committed to the organization
  2. The employees have lower job satisfaction and perform worse on the job
  3. The employees have higher levels of job anxiety
  4. The employees also have a higher incidence of depressed mood.
4 0
3 years ago
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