1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
uysha [10]
3 years ago
8

Match the expense revenues with expenses recognition approaches with the most appropriate accounting event.

Business
1 answer:
Zigmanuir [339]3 years ago
4 0

Answer:

Cause-and-effect relationship  - Cost of goods sold

With the Cause and effect relationship, costs are linked to the revenue that they were incurred for to create. Cost of goods would therefore be linked to revenue.

Specific time period  - Monthly salary payments to an office employee

Costs are to be recognized in the same period of time they were incurred. The monthly salary is to be paid monthly because it is incurred monthly.

Without regard to related revenue in the period incurred - Advertising expenditures

The advertising costs will be incurred when spent and not when the benefits are accrued.

You might be interested in
Bad Boys, Inc. is evaluating its cost of capital. Under consultation, Bad Boys, Inc. expects to issue new debt at par with a cou
timofeeve [1]

Answer:

9.09%

9.327%

Explanation:

For computing the weighted cost of capital first we have to determine the cost of preferred stock, cost of common stock and the after cost of debt is shown below:

The Cost of preferred stock is

= Preferred dividend ÷ market price of preferred stock

= $2.50 ÷ $25

= 10%

The cost of common stock is

= (Expected dividend ÷ market price) + growth rate  

= ($1.50 ÷ $20) + 0.05

= 12.50%

And, the after cost of debt is

= Before cost of debt × (1 - tax rate)

= 0.08 × (1 - 0.35)

= 5.2%

Now the WACC is

= Weightage of debt × cost of debt + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.45 × 5.2%) +  (0.05 × 10%) +  (0.50 × 12.5%)

= 2.34 + 0.5 + 6.25

= 9.09%

In the second case, the WACC is

= Weightage of debt × cost of debt + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= (0.30 × 5.2%) +  (0.05 × 10%) +  (0.65 × 12.5%)

= 0.702 + 0.5 + 8.125

= 9.327%

4 0
3 years ago
Who would certify the interoperability performance of a command and control system used by both the Army and the Navy?
Tom [10]

Answer:

A. Joint Interoperability Test Command (JITC)

Explanation:

The Joint Interoperability Test Command (JITC) is a wing of the United States Department of Defense that tests and certifies information technology products for military use. JITC provides risk based Test, Evaluation & Certification services, tools, and environments to ensure Joint War-fighting IT capabilities are interoperable and support mission needs.

7 0
3 years ago
Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the
Aloiza [94]

Answer:

I RLLY NEED THESE POINTS IM SO SORRY!

Explanation:

8 0
3 years ago
Windy Harbor Boat Company pays its employees on a weekly basis each Friday. During the week ended​ Friday, January​ 3, Year​ 2,
trasher [3.6K]

Answer:

Following adjusting journal entry​ is made on December​ 31, Year​ 1.

                                                                    Dr.           Cr.

Salaries and Wages Expense               $50,300

Salaries and Wages accrued Payable                 $50,300

Explanation:

Assuming there is 5 working days in the week and company pay for these only.

Per week Payment = $125,750

per day payment = 125750 / 5 = $25,150

Days Lies in Year 2 = January​ 3, Year​ 2 - December​ 31, Year​ 1 = 3 days

Days Lies in Year 1 = 5 - 3 = 2 days

Salaries and Wages accrued on December​ 31, Year​ 1 = $25,150 x 2

Salaries and Wages accrued on December​ 31, Year​ 1 = $50,300

4 0
4 years ago
Which of the following is one of the main things to consider when evaluating a business opportunity?
s2008m [1.1K]

One of the main things to consider when evaluating a business opportunity is option A. customer demand for the product.

Customer demand for the product refers to products and services that customers buy. It includes the quality, quantity, and trends in the products and services preferred by the customer.

Business opportunities rely on customer demands for the product and services. An increase in customer demands will increase the growth of business opportunities.

Meeting customer demands will increase the trust level of customers. It will also increase the hiring of employees and production level. If the demand for a product or service is high, the price will also increase. Production will also be increased to meet customer demand.

Learn more about customer demand here  brainly.com/question/18550230

#SPJ1

3 0
1 year ago
Other questions:
  • Eliminating the queue of work dramatically quickens the time it takes apart to flow through the system. What are the disadvantag
    14·1 answer
  • In 2016, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients andearned $25,000. The client
    14·1 answer
  • Inner strength if you can start the day without caffeine or pep pills, if you can be cheerful, ignoring aches and pains, if you
    11·1 answer
  • At the end of the year, Ilberg Company provided the following actual information:
    9·1 answer
  • Strategy implementation can be the most difficult part of the strategic management process. Which of the following is not likely
    14·1 answer
  • How were civil rights problems in northern cities similar to those in the south?
    6·1 answer
  • The price of a silk scarf is $32. The sales tax is $1.92. What is the sales-tax rate?
    9·2 answers
  • Consider a 5-year bond with a par value of $1,000 and an 9% annual coupon. If interest rates change from 9% to 5% the bond's pri
    9·1 answer
  • The accountant for Fazzi Corp. was preparing a bank reconciliation as of April 30, 2017. The following items were identified: Fa
    11·1 answer
  • How can financial risks in a supply chain be managed?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!