Answer:
When the goods or services are provided to customers.
Explanation:
Revenue recognition principle requires that the revenue berocorded when goods or services associated with it are delivered or performed. If you receive cash for the services to be performed then ot should not be recorded in the revnue until you provide the services. You should recorded it as the deffered income in the books.
Answer:
Explanation:
Based on the information provided within the question it can be said that this scenario has led to the United States adding more planned elements to the economy. They are doing this in order to prevent the market from hitting a pure market economy and remaining balanced towards a more planned economy.
Answer:
C) unprotected
Explanation:
Unprotected explains that when an individual is not feeling safe and want to be stay from the harm or injury by another person.
Therefore according to the given situation, a group of students conduct a march for protest for the purpose of unprotected speech so that everyone should aware about their safety.
So, as per the above explanation the correct answer is c.
Answer:
a. Producer surplus
b. Neither
c. Consumer surplus
Explanation:
The producer surplus is the difference between the minimum price a producer is willing to accept for a product and the price he actually gets.
The consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the price he actually gets.
a. Here, the person gets $189 for his laptop but he was willing to accept $180 as well. This is an example of producer surplus. The producer surplus, in this case, is $9.
b. In this example, we only know the price that the producer actually received and the price the consumer actually paid. The maximum price the consumer was willing to pay or the minimum price that the producer was willing to accept is not mentioned. So this is neither an example of producer surplus nor consumer surplus.
c. Here, the consumer was willing to pay $47 for a sweater, but he actually has to pay $40. This is an example of consumer surplus. The consumer surplus is equal to $7.
An annuity is a series of payments made at even intervals. Examples of annuities include fixed deposits into savings accounts, monthly mortgage payments, monthly insurance payments, and annuity payments. Annuities can be classified by the frequency of payment dates.
Payments (deposits) can be made weekly, monthly, quarterly, yearly, or at other regular intervals. Annuities can be calculated by a mathematical function known as the "annuity function".
An annuity that provides payment for the rest of your life is an annuity.
There are three main types of annuities: fixed, variable, and index, each with its own level of risk and payout potential. Income from annuities is generally taxed at regular income tax rates rather than at the lower long-term capital gains tax rate.
learn more about annuity here. brainly.com/question/25792915
#SPJ4
