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blsea [12.9K]
3 years ago
10

On August 31, 2019, Montana Corporation signed a 4-year contract to provide services for Minefield Company at $30,000 per year.

Minefield will pay for each year of services on the first day of each service year, starting with September 1, 2019. Using the accrual basis of accounting, when should Montana recognize revenue?
Business
1 answer:
masha68 [24]3 years ago
8 0

Answer:

The answer is: Montana should recognize its revenue equally throughout the year as they provide their services.

Explanation:

The accrual basis of accounting recognizes revenue when earned. This means that Montana Corporation should recognize revenue when its service has been performed, regardless of when those services were paid. That means they should recognize revenue equally throughout the year (every month) as they provide their services.

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The correct answer is  C. allowing unemployed workers to search longer or less intensively for jobs

Explanation:

4 0
3 years ago
mackenzie burrows $300,000 from the bank on a 30 year mortgage she is given an interest rate of 5.125% apr how much will get mon
solong [7]

Answer:

1633.46

Explanation:

If you borrow $300,000 at 6.500% for 30 years, your monthly payment will be $1,896.20.

The payments on a fixed-rate mortgage do not change over time. The loan amortizes over the repayment period, meaning the proportion of interest paid vs. principal repaid changes each month. As the loan amortizes, the amount of monthly interest paid decreases while the amount of principal repaid increases.

7 0
3 years ago
Think about a country where most economic production results in air pollution that creates lots of smog. What would be the trade
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Answer:

1.Nigeria is a country where most economic production results in air pollution.

2. A healthier environment with longer life spans would be a trade-off for reduced air pollution.

Explanation:

A trade-off is what a person stands to gain or lose in exchange for something else. Nigeria is a country with many industries located around residential buildings. These industries tend to produce gas flares that are inimical to the health of the inhabitants. Residents in these areas tend to develop serious and complicated health issues because of air pollution.  

Reducing this air pollution will result in improved health for residents and longer life spans.

8 0
3 years ago
provide the algebraic equation for the monthly aggregate production rate (apr, using si, ei, d1, d2, d3, d4, d5, and m as variab
Paha777 [63]

Forecasting Methods
Financial analysts utilize four basic types of forecasting techniques to project future sales, costs, and investment costs for a company. Although there are many commonly used quantitative budget forecasting tools, in this article we concentrate on the top four techniques: Straight-line, moving average, simple linear regression, multiple linear regression, and straight-line.

Main Content
You are aware that there are 150 units in stock at the moment (beginning inventory = SI), and ABC's marketing manager predicts that demand for the motor will be 240, 225, 265, 270, 260, and 275 units over the course of the following six months (M = 6). (D1, D2, D3, D4, and D5 respectively).

In six months, you wish to have 50 units in stock (ending inventory = EI) and have decided that you want to lower the average inventory level of various goods, including this one.

To learn more about Forecasting Methods
brainly.com/question/5777247
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4 0
2 years ago
A venture capital investment group received a proposal from Wireless Solutions to produce a new smart phone. The variable cost p
tekilochka [14]

Answer:

5,000

Explanation:

Variable cost per unit = $250

Sales price would be set at twice the VC/unit

Therefore, Sales price = 2 × $250

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Minimum sales volume to have an operating income of $500,000 or more is 5,000.

7 0
3 years ago
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