Answer:
C. The company will recognize $5000 of revenue in year 1 and $5000 of cash flow from operation in year 2
Explanation:
As, the company is using accrual based accounting, that means that if the services are rendered the company needs to record the revenue regardless of the company is getting cash or not. So, in year 1 the company provided $5000 of services. The company will record $5000 of revenue in its income statement in year 1. But the thing is, company is not getting cash in year 1. Guadalupe is getting cash in year 2. company record the inflow and outflow of cash in cash flow statement when there is actually the cash transaction involved.
Cash inflow in year 2. so, $5000 of cash flow from operation in year 2.
$250,000
Federal Deposit Insurance Corporation (FDIC) was created by the 1933 Banking Act during the Great Depression (June 16 1933). It's purpose was to restore trust in the banking system. Initially, the insured limit was $2,500, but over the years it has increased. The limits over time are: 1934 – $2,500; 1935 – $5,000; 1950 – $10,000; 1966 – $15,000; 1969 – $20,000; 1974 – $40,000; 1980 – $100,000; 2008 – $250,000 The increase from $100,000 to $250,000 was intended on being temporary, but as mentioned in the question, wasn't reduced and is therefore still the current limit. So Anna will be insured up to the $250,000 limit.
Answer: Mario starts looking for the meaning of the words to know what they mean.
Explanation:
For Mario to be able to explain the concept of “food deserts” it is important that he conducts research on the concept and everything that it encompasses. He must have all this clear so that in his essay people can understand what he means when talking about “food deserts”.
Mario must investigate everything that encompasses “food deserts”. Visit the website and other resources for the terms and their uses to avoid giving wrong information. When you have clear and defined terms, it is important to develop them. It would also be useful for you to use examples so that people who read your paper can get an idea of how the concept is used.
When Mario has finished searching for the key concepts on the internet and examples for his greater understanding, Mario must analyze everything he has written in his paper and see if he has no-fault and if it will be understood by the other readers.
Answer:
The answer is C. Development and use of model to test
hypotheses
Explanation:
Economic theories are theories that explains economic phenomena and tries to create solutions to the identified economic problems. They are comprehensive system of assumptions, hypotheses, definitions and instructions about what should be done in a certain economic situation.
Examples of Economic theories are
Classical economic theory
Keynesian theory
New Classical theory
New Keynesian theory
