Answer:
The amount of revenue to be recognized at 31st March is $383500
Explanation:
The revenue amount that should be recognized in the income statement as at March 31,2020 is the sales price of $365000 plus three months of installation fee since installation is expected to last six months and three months have passed since installation began.
Hence, the amount of revenue as at 31st March is calculated thus:
Sales price $365000
Installation fee for 3 months(3/6*$37000) <u>$18500</u>
Total revenue as at 31st March $ 383,500
The rationale behind this is that revenue is only recognized when the seller has discharged his or her obligation under the contract not when cash is received and it is very clear that installation has been undertaken for 3 out of 6 months
I don’t know the answer I just need the points like really badly and I’m really sorry
Archer has been using BMW's marketing Web site. This is a <u>true</u> statement.
<u>Explanation</u>:
A website is a collection of web pages that provides content related to the search. Many businesses have separate website for featuring and selling their product.
In the above scenario, Stephanie was surfing marketing website of the BMW Company. She wishes to purchase a BMW convertible car. So she was saving money to purchase it. Stephanie spent many hours on the BMW website to study about the various options and models available in the car. She was also choosing the interior and exterior colors of the car.
Answer:
leader of the HR function
Explanation:
HRM stands for Human Resource Management. It is a department in any business organization which looks after hiring, training and managing the employees of the organization.
It also deals with the issues of the employees that they face in the organization.
In the context, Scott who is the CHRO, i.e. the chief human resource officer of the organization named Marklt Inc. performs the tasks of the management and alignment of all the HR activities that is with the need of the business. In such a way, Scott is performing the role of the leader of the HR function.
As a leader of the HR, Scott is ensuring that Marklt Inc. has the right people in the organization working to their best.