Answer:
(a) $2,040
(b) $1,020
Explanation:
(a) Under the accrual method of accounting revenue is recognized in the month when product is delivered,
Revenue is recognized on the March income statement from this order:
= Units Delivers × Unit price
= 136 × $15
= $2,040
(b) Revenue is recognized on the April income statement from this order:
= Units Delivers × Unit price
= 68 × $15
= $1,020
Answer:
That a memorandum of understanding was created by the receipt sent by Mr. Blue and an
enforceable agreement exists
Explanation:
A memorandum of understanding is an agreement between two or more parties stating a lone of action that is binding on the participants.
This is used in place of a legally enforceable agreement. Like a formal gentlemen's agreement.
In this instance they agree orally to transfer 500 widgets for $1,000. Mr. Blue sends Mr. Green a receipt one week after the agreement.
The act of sending a reciept establishes the fact that there is an agreement. Therefore it is enforceable in a court of law.
Answer:
a) planning
Explanation:
Shondra performing the planning process of management functions. Planning means, first of all looking ahead and chalking out future courses of activity to be followed by each and every member of an organization as here Shondra is setting up a new department soon after she is chalking out future courses of duty of the manager and every member of the particular department which is very important for the smooth and effective running of an organisation.
I think it’s 3 and 4 as the answer.
Answer:
<em>Informative advertising</em>
Explanation:
<em>Informative advertising</em> is an advertising modality aimed at publicizing relevant or specific data or facts as necessary. This information is clearly detailed and in most cases is verifiable and measurable.
In the world of marketing, the use of informative advertising is usually related to the need to make known the appearance of a new product or an update or innovation of an existing one.
The advertising campaigns of this modality share a series of characteristics:
- They seek to attract new consumers through the presentation and description of the product.
- This description is usually exhaustive when presenting the benefits of the product and giving reasons for its consumption.
- When working with new products, its benefits are raised against competitors already present in the market.
- It helps with striking marketing tools for rapid audience attraction.