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
dalvyx [7]
3 years ago
7

Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?

Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

Matching concept

Explanation:

Matching concept states that revenue and cost should be matched with each other in the period they relate.

You might be interested in
An asset costing $50,000.00 with a residual value of $5,000.00 has an estimated useful life of 5 years. Using the declining-bala
Finger [1]
I think 10,800.000 hope this helps
4 0
3 years ago
Symon's Suppers Co. has announced that it will pay a dividend of $4.23 per share one year from today. Additionally, the company
sweet-ann [11.9K]

Answer:

$68.23

Explanation:

In this question, we apply the dividend growth rate model which is shown below:

The computation of the current share price is shown below:

= (Current year dividend) ÷ (Rate of return on company stock - growth rate)

= ($4.23) ÷ (10.6% - 4.4%)

= ($4.23) ÷ (6.2%)

= $68.23

We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate

6 0
3 years ago
In ________ organizational cultures, more individuality is shown through the organization's rules being less strictly applied.
kap26 [50]

Answer:

weak

Explanation:

An organization's culture describe the behavior of an organization. It comprised of the beliefs and values that should be shared in the organization

In the case when there is a weak organization culture so here the rules of the organization should be less strictly followed instead of more strictly followed as it is a weak organization structure

Therefore the weak should be the term that should be applied in the current situation

3 0
3 years ago
The Refining Department of Crystal Cane​ Sugar, Inc. had 73 comma 000 tons of sugar to account for in December. Of the 73 comma
soldier1979 [14.2K]

Answer:

67,600 tons

Explanation:

Weighted average costing adds the value of beginning inventory in the period cost to calculate the average cost per unit.

According to this method the equivalent units formula is as follow

Equivalent Units  = Unit completed and transferred to Finished goods + Units in Work in Process x Completion percentage

Conversion

Equivalent Units  = 55,000 + 18,000 x 70% = 67,600 units

6 0
3 years ago
Doc Xpress has an in-house staff of 35 employees who provide transcriptions of phone and video conferences for a range of client
siniylev [52]

Answer:

external threat

Explanation:

This decision was likely based on an external threat. Which in this scenario is the economy. Economy is considered as an external threat because it is not in the control of the company itself but still directly affects the everyday business operations of the company as well as it's profit and costs. All of this equates to how well the company performs, therefore in a situation where the economy poses a threat decisions need to be made such as the one in this scenario.

4 0
3 years ago
Other questions:
  • Assume you plan to travel to the Southern Hemisphere after final exams. You’ve narrowed your choices down to two that you like e
    12·1 answer
  • Muldoon Advertising has an opening balance in its supplies account of $2,400 and purchases $3,000 of supplies during the year. A
    15·1 answer
  • Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem
    7·1 answer
  • Wilma’s Vegetable Market had the following transactions during 2017:
    8·1 answer
  • The FTC regulates businesses to prevent price-fixing and similar monopolistic practices. What is the main reason the FTC discour
    6·2 answers
  • Ending assets for CompuHelp equals $650,000, and the beginning retained earnings was $325,000. If net income during the period w
    13·1 answer
  • Which job would require a license or certification?
    7·2 answers
  • Pam exchanges a rental building, which has an adjusted basis of $520,000, for investment land which has a fair market value of $
    9·1 answer
  • Elizabeth is marketing a new type of picture frame that she invented. She has developed a full identity for the product and want
    15·1 answer
  • Axe company sponsors a 401(k) profit sharing plan with no employer match, but the company did make noncontributory employer cont
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!