The revenue recognition principle states that companies typically record <u>revenue in the period in which they provide goods and services to the customers</u>.
The revenue recognition principle approach that agencies' sales are diagnosed while the product or service is taken into consideration and introduced to the customer — now not when the cash is acquired
The revenue recognition precept states that sales should be recognized and recorded while it is realized or realizable and when they are miles earned. In different phrases, groups shouldn't wait till sales are really accrued to document it in their books. revenue needs to be recorded when the business has earned the revenue.
According to usually accepted accounting principles, for a company to document revenue on its books, there needs to be a vital occasion to signal a transaction, including the sale of products, or a contracted mission, and there needs to be a fee for the products or services that matches the said price or agreed-upon fee.
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Answer:
B. $9
Explanation:
Assets value = $500 million
Liability value = $50 million
Use following formula to calculate NAV
Net Assets value = Assets value - Liability value
Net Assets value = $500 million - 50 million
Net Assets value = $450 million
Net Assets value = $450 million / 50 million
Net Assets value = $9 per share
So, the correct option is B. $9.
Answer:
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- <em><u>Option e. $41,442.89</u></em>
Explanation:
An annual payment over a <em>10-year period</em>, with the<em> first payment one year from now </em>and <em>3.5 percent annual growth</em> is modeled by the equation:
Substitute with:
- C = $5,000
- r = 6.5% = 0.065
- g = 3.5% = 0.035
- n = 10
Answer:
C. Hep. A
Explanation:
From the available options, Hep. A is preventable with a vaccine. The vaccine was created in 1995. It is administered to individuals in two seperate doses and usually done with a time span of 6 months between dose. Having both doses administered helps prevent the individuals from the Hep. A virus long term. Like most vaccines, this one has a 95% effectiveness for preventing the virus from affecting the individual's body.
Answer:
e. team leader
Explanation:
Team members usually report to the first-line manager, that has the power to fire employees, manages personnel and is accountable for the team's performance. Nonetheless, any of the team members may be tasked with becoming a team leader, the boss charged with coordinating team activities in order to produce vital outcomes.Team leaders might not have control over the other team members, yet they are required to provide direction, encouragement and guidelines for others; organize group initiatives; and settle disputes.