Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
Answer:
The correct way to answer the question: According to the theory of new classical economics, if business sentiment and investment spending decreases, the aggregate demand curve: shifts to the left and the price level falls, while aggregate output: decreases.
Explanation:
The balance of an economy, anywhere in the world, is pretty complex thing. In order to understand both the short-term, and long-term ways in which the economy of a country may respond to different factors, but most especially to GDP, which is the measure of how much, and how well, a country is producing and supplying a demand for certain goods and services, it is necessary to understand both a theory known as the short-term Keynesian analysis and also the neoclassical theory of economics, which applies to long-term macroeconomics. In the case shown above, the point of start is the potential GDP, which will mark the real GDP of a country. The second point is the aggregate supply and demand markers that indicate how an economy is doing with respect to potential GDP. If investement is not placed into an economy, and business sentiment decreasese, it means that productivity will drop, and the aggregate demand curve turns to the left as many other factors are also driven down. Since aggregate output means the amount that is produced in goods and services, the lesser the business interest and spending, the lesser production there will be.
The enemies that the ancient romans successfully battled are the following;
• Celtics – they are referred to the tribes of people during the iron age.
• Etruscans – they are known for their mineral resources that are rich and in the same time, they contain the major Mediterranean trading power.
• Carthaginians – their origins are traced to the Phoenicians in which they have either less or more control with their city state because of the fall of the tyre with the Babylonian.
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Answer:
b. plantation farmings
Explanation:
large amount of labor and capital
<span>This best illustrates unit bias. Unit bias is the idea that people want to have a complete unit of something, no matter what the size of it is. For example, people will consider a 12 oz soda one unit, and a 24 oz soda one unit, even though these are two different sizes of the same object. The guests at Judy's party saw the half cupcakes and weren't satisfied with the idea of not having a whole unit.</span>