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Kisachek [45]
3 years ago
13

The accrual concept that costs incurred to generate a revenue are expensed in the same period the revenue is known as the

Business
1 answer:
Ilia_Sergeevich [38]3 years ago
4 0

Answer:

Matching concept

Explanation:

This accounting principle is of the opinion that the expenses incurred in generating revenue should be matched with the revenue or income in order to ascertain whether or not profit or loss has been made,in other words,reporting only the revenue without considering the fact some amount has been incurred in a bid to generate the revenue does not a clear picture of the business underlying transactions.

It is simply aggregating like with like since costs incurred in the period are deducted from revenue in the same period.

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Using the currently accepted equation, a 70-year-old man might realistically have a maximal heart rate of ________ beats per min
zavuch27 [327]
<span>Using the currently accepted equation, a 70-year-old man might realistically have a maximal heart rate of  160 beats per minute
This level of maximal heart rate could only be achieved if the 70-year-old man regularly do </span><span>vigorous-intensity physical activities throughout its life, such as swimming, cycling, etc</span>
4 0
4 years ago
vanhoe Company reported the following results for the year ended December 31, 2021, its first year of operations: 2021 Income (p
stich3 [128]

Answer:

the deferred tax liability for the year ended is $297,500

Explanation:

The computation of the net deferred tax or liability is as follows:

= (Taxable income - income before income taxes) × enacted tax rate

= ($2,700,000 - $1,510,000) × 0.25

= $1,190,000 × 0.25

= $297,500

Therefore the deferred tax liability for the year ended is $297,500

Hence, the same is to be considered

6 0
3 years ago
Significant noncash investing and financing activities are disclosed because they
Wittaler [7]
D is the most suitable answer
4 0
3 years ago
Zola borrows $1000. To repay the amount, she makes 12 equal monthly payments of $95. Compounding is done monthly. Determine nomi
Verdich [7]

Answer:

Effective monthly rate 2.076%

Yearly nominal rate: 24,912%

Explanation:

In excel we have to specify the number of period. The amount we borrow and the payment we are doing This should be negative as represent a cash outflow.

This is solving for the rate of the annuity for 95 of 12 months that discounted at X rate gives 1,000 as the present value:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

95 \times \frac{1-(1+r)^{-10} }{rate} = 1000\\

we write on A1

=RATE(12;1000;-95)

and we will receive 2.076% as answer

<em><u>Now to convert into nominal:</u></em>

2.076 x 12 = 24,912%

4 0
4 years ago
In the employment history section of a résumé,
MA_775_DIABLO [31]

Answer:

In the employment history section of a résumé,

how the information should be organized is:

-list the most recent job first

Explanation:

The above list is the preferred method of listing jobs in the employment history section of a resume.  Following this are jobs performed preciously.  The essence is to present the most recent jobs so that a candidate's qualification can be assessed for employment using relevant information and the candidate's recent job experiences.  The job history section should list accomplishments which address the job requirements and not job descriptions.  This makes the resume to become effective as a tool for landing a new job.

5 0
4 years ago
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