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aliya0001 [1]
3 years ago
7

When are product costs included on the income statement?

Business
1 answer:
ioda3 years ago
4 0

Answer:

The correct answer is D. When the product is sold and delivered to a customer.

Explanation:

It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.

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Jack and Scotty begin negotiations where Scotty will give Jack hockey lessons for a certain amount of money per week. While they
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Answer:

The best option is a.

The court will award Scotty a reasonable amount for the lessons he already taught.

Explanation:

7 0
4 years ago
A ____ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions
Katen [24]

Answer:

Letter of Credit is the correct answer.

Explanation:

7 0
3 years ago
In order to update a production process, a company can spend money now or four years from now. If the amount now would be $20,00
timama [110]

Answer: $34,980.13

Explanation:

The amount that the company will spend 4 years from now is simply the future value of the amount that it can spend today.

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= Amount * (1 + rate) ^ number of years

= 20,000 * ( 1 + 15%)⁴

= $34,980.13

5 0
3 years ago
this flight is operated by a partner airline united seat selection and changes are not available for this flight at this time. y
-Dominant- [34]

Partner Airline
Partnerships
between or among airlines are known as airline alliances. Through these partnerships, airlines can pool resources, add or expand partner routes, and even provide the opportunity for customers to accrue and redeem miles through one another's rewards systems.

Main Content
For the spring of 2020, I'm looking into multi-city flights from Seattle to Rome and Rome to Seattle. On Lufthansa, premium economy is not an option for the dates I'm considering. However, I can discover routes flown by Lufthansa on the United website and have the option of choosing premium economy. However, I am unable to choose seats on the United website. It informs me "On this flight, there are no available advance seat assignments on united.com. You can go to the operating airline's website for more information after completing your purchase." I am less than certain that we will truly enter premium economy and may instead wind up in ordinary economy as a result of this. Please share your insights into this kind of reservation! Thanks!

to learn more about Partner Airline
brainly.com/question/15058902
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3 0
1 year ago
When receiving food, you can refuse to accept when if
aliya0001 [1]

Answer:

When receiving food, you can refuse to accept when if it has a foul odor

Explanation:

Such foul odor makes such food to be rejected because of the health implication as well as it does not equate to the money paid for such services rendered.

5 0
4 years ago
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