Answer:
B
Explanation:
we are to calculate the total land cost recorded in this question;
To get the cost recorded we do the following;
Cost of land recorded = cost of land + commissions + cost of removing existing building - sale of salvaged materials on land
cost of land recorded= 80,000+ 4,800 + 20,000 - 4,000 = $100,800
Answer:
600 units
Explanation:
The computation of the units sales is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $134 per unit - $67 per unit
= $67 per unit
And, the other items values would remain the same
Now placing these values to the above formula
So, the value would equal to
= ($32,300 + $7,900 ) ÷ ($67)
= ($40,200) ÷ ($67)
= 600 units
Answer:
a.
Explanation:
The definition of Semi-Globalization is:
<em>Semi-globalization covers the range of situations in which neither the barriers nor the links among markets in different countries can be neglected.</em>
Now let's analize the statements.
a- True, It is more complex than total isolation and total globalization, as those barriers can't be taken off the equation.
b. It is not used for assessing and classifying risks.
c. No, that would be isolation. In here we are talking about an incomplete cross-border integration.
d. It is not one-directional. The borders and links are multi-directional.
Answer:
a) the liability recorded when cash was received is decreased by the adjustment for the revenue being earned
Explanation:
When cash is received for revenue yet to be earned, it is called deferred revenue. The entries posted at this point is a Debit to Cash (an increase in cash balance) and a Credit to Deferred revenue (a liability account). When the revenue gets earned, it get recognized with a Debit to Deferred revenue (to reduce the liability as the obligation has been fulfilled resulting in revenue being earned) and a Credit to Revenue (P/L).
Hence, the right option is a) the liability recorded when cash was received is decreased by the adjustment for the revenue being earned.