Answer:
$235,000
Explanation:
Under the accrual accounting system, expenses are recognized in the period incurred and not necessarily in the period cash is paid.
Revenue is also recognized in the period earned and not necessarily when cash is collected.
Total revenue in 2018 = $200,000 + $150,000
= $350,000
Net income is the difference between the revenue and expense
Net income in 2018 = $350,000 - $115,000
= $235,000
<span>When you analyze a system using the six-phase security process, you are performing a security architecture study.
</span><span>The security architecture analyzes and addresses the necessities, potential risks ,</span>vulnerabilities and security threats.
<span>It implements, operates and controls security services and processes.</span>
Answer:
A) Laws represent the minimum guidelines that companies must follow,whereas a firm's ethical stance may venture beyond the minimum level of compliance.
Explanation:
In the given scenario there are laws that allows community and state police to set up sobriety check points that discourages drunk drivers and saves lives.
The inclusion or removal of applications that helps drunk drivers avoid these checkpoints is not covered by the law. So if a company decides to include such applications it is at their discretion.
Blackberry have chosen to remove applications that helps drunk drivers avoid checkpoints. This is an example of when a company has ventured beyond the minimum level of compliance because of their ethical stance.
Google and Apple however have only ventured beyond the minimum compliance level because they have refused to honour requests by legislators to remove apps that permit smartphone users to navigate around the checkpoints.
When Gavin sells his product to a wholesaler, the storage function is transferred to the intermediary. Gavin sells his product to someone who will wholesale the item to a larger business. Each of these processes are important and describe the background of business to business (B2B) sales.
Answer:
2,000 - $80,000
3,000 - $80,000
3, 500 - $80,000
4,000 - %80,000
$40
$26.67
$22.86
$20
fixed
Explanation:
Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments
If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.
the total band cost changes per concert and not per number of people attending the concert. Thus, the total band cost is constant per constant. It is fixed at $80,000 per concert regardless of the number of people at the concert
cost per person = total cost / concert attendance
$80,000 / 2,000 = $40
$80,000 / 3000 = $26.67
$80,000 / 3500 = $22.86
$80,000 / 4000 = $20
