Answer:
Decrease assets and decrease stockholders equity
Explanation:
Shareholders of the Company are rewarded for their contribution through dividends.
<u>Declaration and payment of a cash dividend results in the following journal :</u>
<em>Dividend (debit)</em>
<em>Cash (credit</em>)
Thus,
The Owners Equity Decrease whilst the Assets Account (Cash) Decreases
Answer:
A web streaming company fulfills a 12-month service term paid by customers in advance.
Explanation:
Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.
As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.
In second case the pharmaceutical company receives donation which is anonymous.
All the things are not revenue for company.
It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.
Answer:
A)
NuBreed's efforts are an example of the <u>threats of substitute products and services</u> in Porter's model for industry analysis.
Explanation:
Porter's five forces are:
- Threat of New Entrants
- Threat of Substitute Products or Services: a substitute product is an available product from another company that your customers might purchase since they offer similar benefits than your product.
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Competitive Rivalry Among Existing Firms
Answer:
If we made the switch, our OH rate would be closest to: $30.40 per MH
Explanation:
Overhead Rate is used to allocate manufacturing overheads (indirect costs) to jobs and departments.
In our senario Overhead rate are used to allocate fixed manufacturing overheads to production of lenses for satellite cameras.
Overhead Rate = Budgeted Overheads / Budgeted Activity
= $760,000/ 25,000
= $30.40 per practical equipment machine hour
A natural disaster shifts SRAS curve LEFTWARD… the economy
WILL be able to find its way back to Natural Real GDP without government
intervention. The Short-Run Aggregate Supply (SRAS) curve presents a graphical representation
of the supply-side of the aggregate market. The SRAS curve can either shift leftward
(a decrease in aggregate supply) or rightward (an increase in aggregate supply).