Answer:
$5,000
Explanation:
Under the accrual accounting method, revenue is recognized and recorded in the books once the recognition criteria is met i.e once the goods or service has been delivered.
Under this system as well expenses are recorded once incurred.
As such, the time of cash payment does not affect the recognition of revenue. When revenue is earned and cash is yet to be paid, the entries required are debit accounts receivable and credit revenue.
On payment of cash, the entries are posted between cash and accounts receivables.
Answer:
The main reason the New York Federal Reserve Bank President is always on the FOMC is due to the importance of the New York Federal Reserve Bank
Explanation:
The body of the Federal Reserve System responsible for making monetary policy is the Federal Open Market Committee, FOMC
The Fed's monetary policy are executed primarily through the New York Fed and the other Federal Reserve Banks. The New York Fed does this mainly through Permanent Open Market Operations, providing lending facilities, and performing quantitative easing so as to ensure that the Fed unemployment, inflation, and interest rates policy targets are archived
The New York Fed is the primary agent through which the Fed intervenes in foreign exchange markets. The New York Fed also carries out all Fed open market transactions, and therefore is about the most important bank in the FOMC
The New York Federal is also the only one of the Federal Reserve banks that is a member of the Bank of International Settlement, provide gold storage for other foreign central banks and a good number of the largest banks in the United States are located in the New York Federal Reserve district, as
The main reason the New York Federal Reserve Bank President is always on the FOMC is therefore due to its uniqueness and the special responsibilities, functions and capacities of the New York Federal Reserve Bank
Answer:
It has to be a free resource or good
Genetech corp. has invested heavily to develop a patented new product. Genentech wants to achieve a rapid return on its investment. it probably should set a profit maximization.
Profit maximization in economics refers to the short- or long-term process through which a corporation chooses the price, input, and output levels that result in the largest profit. The firm is typically modelled as maximizing profit in neoclassical economics, which is currently the dominant approach to microeconomics.
Economic and social well-being are indirectly influenced by the profit maximization idea. A company uses and allocates resources effectively when it is profitable, and this results in payments for capital, fixed assets, labour, and organization. Economic and social welfare is achieved in this way.
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Answer:
e. -$835.
Explanation:
Cash Flow to Stockholders is the difference between dividend paid and net new common equity raised. The Company X has paid $150 as dividend. The additional capital raised is included in common stock amount. The difference between common stock account of 2017 and 2018 is additional paid in capital.
Cash flow to Stockholders = Dividend paid - (Common stock in 2017 - Common stock in 2018)
Cash Flow to Stockholder = $150 - ($5,460 - $4,475)
Cash Flow to Stockholder = -$835.