Answer:
Revenue
Explanation:
In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.
It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.
Answer: The marginal benefit curve is downward.
The marginal cost curve is upward
Explanation:
Unlike the marginal cost curve, whose slope is often upwards, the marginal profit curve is generally known by its downward slope.
The optimum allocation of resources to a given product will take place when these curves are used. MB = MC always.
The country that has a comparative advantage in the production of cuckoos is Germany.
The country that has a comparative advantage in the production of beer mugs is Taiwan.
A country has a comparative advantage in the production of a good if it produces a good at a lower opportunity cost when compared with other countries.
Germany:
Opportunity cost in the production of cuckoo = 1/1 = 1
Opportunity cost in the production of beer mug = 1 /1 = 1
Taiwan:
Opportunity cost in the production of cuckoo = 3/2 = 1.5
Opportunity cost in the production of beer mug = 2/3 = 0.7
A similar question was answered here: brainly.com/question/14822137
Answer: $3,000
Explanation:
On June 30, 2021, Rupar would have held the bond for 6 months. The coupon rate is an annual figure and so must be translated to a semi annual figure.
To do that simy divide by 2.
= 6% /2
= 3%.
The bond is paid interest on at face value as well.
Therefore the interest on June 30 is,
= 100,000 * 3%
= $3,000
Answer:
$1,032
Explanation:
Calculation for the corporation's tax basis in the property received in the exchange
Based on the information given we were been told that he made a transfer of property with a TAX BASIS of the amount of $965 which as well include a FAIR MARKET VALUE of the amount of $67 which simply indicates or means that the amount of $1,032 ($965+$67) is the tax basis amount of the property that was received in the exchange.
Tax BASIS =Tax basis +Fair market value
Tax BASIS=$965+$67
Tax BASIS=$1,032
Therefore the corporation's tax basis in the property received in the exchange will be $1,032.
