Revenue Recognition Principle
An accounting principle that states that a company should record revenues when they provide goods and services to customers.
Answer - B. Riding Stable
She only worked as a short-order cook over three summers, so she does not have enough experience or expertise to run a restaurant or fast food franchise of her own. Not to even add that she hates the work.
Also, as an associate degree holder, she does not have enough academic qualification to set up a legal research firm. However, setting up a riding stable does not require academic qualifications; moreover, she loves riding and spends every spare minute helping her uncle with his three horses.
Answer: Privatization.
Explanation:
The giant telecommunication company has experienced privatization as it's ownership has switched from public to private. Privatization occurs when a government owned business establishment is traded to a private individual/organization, therefore the owners of the business are private individuals.
Answer:
16.99%
Explanation:
Calculation for the crossover rate
We are going to to calculate the crossover rate using cash flow function on a financial calculator by following the step below:
CF0= 0
Step 1
C01=Project A year 1 -Project B year 1
C01=$28,300-$36,900
C01= -$8,600
Step 2
C02=Project A year 2 -Project B year 2
C02=$31,500-$40,500
C02= -$9,000
Third step
C03=Project A year 3
C03=$22,300
Last step
Press CPT key in order for IRR(INTERNAL RATE OF RETURN) to be display
Hence:
Crossover rate=16.99%
Therefore the Crossover rate will be 16.99%
Answer:
E) an ethical dilemma.
Explanation:
An ethical dilemma is a situation where a person must face a decision where both alternatives are really bad choices. No option will provide a positive resolution to the current situation, but the person must decide between one of them.
In this case, if Bob goes to the police, his friend will be arrested but that will generate bad publicity for his business. If Bob decides not to go to the police, Ruth will continue to steal money form him. It's like being between a rock and a hard place, whatever your decision, you are still going to be hurt.
