Answer:
Core revenue recognition principle
Explanation:
The core principle of the revenue recognition is basically is a guideline that revenue must be shown on the recognized income statement.
Answer:
winning the group romm contract: $14,967.50
normal tuesday revenue $16,175.50
Explanation:
group contract:
125 rooms x $ 109 = 13,625
normal rooms:
(220-125) x $ 141.50 = <u> 13,442.5 </u>
total revenue: 27,067.5
variable cost: 220x55= (12,100)
contribution: 14,967.5
If it doesn't win the contract
will sale 220 x 85% = 187 rooms at 141.5 each
187 rooms x (141.5 - 55) = 16.175,5
Answer:
b. principle of diminishing marginal productivity
Explanation:
c) The relationship for the supply curve between price and quantity is directly related. Suppliers are more willing to produce at higher prices.
d) substitution effect will generate shift in the supply curve as other products chane their price not the slope.
a) specialization will increase efficiency has no relationshp with prices.
b) as each unit added generates a lower amount of retunr (ceteris paribus) The price must go up to represent the marginal cost
Answer:
Rights
Explanation:
According to Wikipedia, Rights are legal, social, or ethical principles of freedom or entitlement; that is, rights are the fundamental normative rules about what is allowed of people or owed to people, according to some legal system, social convention, or ethical theory. So for the manager to emphasize the importance of making decisions consistent with fundamental liberties and privileges, he needs to focus his teaching of RIGHTS because it gives them insight.
