All categories

3 years ago

Assume the following scenarios.

Business

1 answer:

slega [8]3 years ago

6 0

Answer:

Scenario 1: It will recognize 10,600 revenue as the services were performed.

Scenario 2: It will recognize 1,560 revenue and the difference will be considered a sales discount.

Scenario 3: The services were provided during 2021 the cash disbursement are not linked to future services thus, Manitowoc will recognize 390,000 as sales revenue

Scenario 4: the company will recognize revenue for 30,600

If the remainining is expected to not be collected the accounting will use the allowance for doubtful account and bad debt expense to match the expense when the period they were generate but, it will not decrease the sales reveneu account.

Explanation:

You might be interested in

The marketing director for Zap Games, a video game company, has informed his employees that he feels the company needs to improv

guapka [62]

Answer:

The correct answer is task.

Explanation:

The work environment is one of the most important elements for the proper functioning and growth of an organization. A positive work environment contributes to greater productivity and employee engagement. For this reason, it is extremely important that the work environment is adequate, pleasant and stimulating to achieve a motivated team of high productivity.

It is indisputable that the work environment is a key factor in work relationships, however, it is difficult to define it and to specify the characteristics that determine it. From the employee's point of view, the work environment is the set of conditions that contributes to achieving satisfaction in the workplace. From the perspective of the company, it can be defined as the sum of elements that influence the organizational climate, productivity and good performance of employees.

5 0

3 years ago

Trey Tires is going to merge with Big Spokes, and the merger will result in layoffs. As a result, the workers are not happy. The

zaharov [31]

Answer:

The correct answer is: soldiering.

Explanation:

American economist Frederick Winslow Taylor (1856-1915) in his book "<em>The principles of Scientific Management</em>" (1911) described the term soldiering to refer as the act by which individuals decrease the efficiency of their duties at work in purpose because of different adverse situations arose such as few wages incentives or the belief that by increasing productivity the less productive workers could be affected through lay-offs.

8 0

3 years ago

On July 1, an investor holds 50,000 shares of a certain stock. The market price is $30 per share. The investor is interested in

Yakvenalex [24]

Answer:

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

Explanation:

Provided information;

Amount of shares of a certain stock =50,000

The market value per share = $30

Portfolio value= P = 50,000 × 30 = $1,500,000

Beta of stock β = 1.3

current Index futures price = 1,500

Multiplier = $50

Futures Value A = 1,500 × 50 = $75,000

The formula used in calculating the number of contracts =

Number of contracts N = (β × P) ÷ Future values

N = (1.3 × $1500000) ÷ $75000

N = $1950000 ÷ $75000

Number of contracts N = 26

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

5 0

3 years ago

Iris, a calendar year cash basis taxpayer, owns and operates several TV rental outlets in Florida and wants to expand to other s

nasty-shy [4]

Answer:

C) Expense $23,000 for 2018.

Explanation:

Iris owns and operates TV rental outlets, so all the expenses she makes while investigating possible purchases of related businesses (other TV rental outlets) can be deducted from her income. This deductions can be made regardless of whether Iris ended up purchasing the new stores or not.

6 0

3 years ago

You are a management consultant for a 30-year old partner in a large law firm. In a meeting, your client says: "According to an

shtirl [24]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0

3 years ago