Answer: Option D
Explanation: Matching principle is an accounting standard which states that the expenses incurred in a period should be recognized in the period in which the revenue relating to that expense is earned regardless of the fact when the cash exchange has been done.
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So, as per the given problem option D is the right answer.
Answer:
The Full form of JTA is Job Task Analysis.
Explanation:
JTA) allows applications to perform distributed transactions, that is, transactions that access and update data on two or more networked computer resources.
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Sorry if it’s wrong! :(
Answer: 13.2%
Explanation:
Given data:
No of stores in the market = 5000
No. of store owners = 2000.
Allison charges = $8/month
Sam charges = $8/month.
Solution:
The market penetration rate would be calculated based on potential customers.
Using our general formula,
Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population
Where,
Total potential population=1,500
•Allison derived sales = 129 customers
•Sam derived sales = 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers
•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers
Let’s input this into our general formula.
Market penetration
= 169 customers/1,500
= 0.132*100
= 13.2%
The market penetration rate based on potential customers is 13.2%
The answer is : The demand is elastic.
Elasticity =
[(80,000 - 180,000)/((80,000+180,000)/2)]/[($40 - $30)/(($40 + $30)/2)]|
[(-100,000/130,000)]/[(10/55)] = -.7692/.1818= -4.23
The answer is -4.23, however when considering own price elasticity of demand, we ignore the negative sign and look at the absolute value to determine whether it is elastic or inelastic.
Answer:
a)J = 450,000 +(20% * C)
b)C =250000+ (50%*J )
c)J = 450000 + {20%* [250000+(50%*J)}
Explanation:
a)J = 450,000 +(20% * C)
This represent the total cost of Janitorial Department due to the fact that 450000 is a direct cost of janitorial department plus 20% of total cost of Cafeteria department allocated to Janitorial department.
b)C =250,000+ (50%*J )
This represent the total cost of cafeteria Department due to the fact that 250,000 is a direct cost of cafeteria department plus 50% of total cost of Janitorial department allocated to cafeteria department.
c)
Substituting the value of C determined in part b in part a
J = 450,000 + {20%* [250,000+(50%*J)}
Therefore in place of C in equation 1 ,the value of c determined in equation 2 is thereby substituted .
