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ValentinkaMS [17]
3 years ago
5

What conditions must be met for a company to include a transaction in reported revenue for a given period?

Business
1 answer:
Morgarella [4.7K]3 years ago
7 0

Answer:

Conditions to be met by a company to recognize a transaction in revenue for a given period are:

  • It should provide a benefit and shall be calculated and defined in numerical and monetary terms.
  • It should relate to any kind of service or products provided.
  • It shall be accrued in the current financial period.
  • All the risk and rewards related to the service or product shall be transferred.
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Answer:

FALSE

Explanation:

As the lower coupon means there is less amount of cash subject to variation of interest rate.

We must understand that in the end of the life of a bond(maturity), the value should always match the face value thus, the difference in bond market price arise from coupon payment.

If a bonds coupon payment is 40 dollars while another bond coupon payment  is 80 dollars the present value of the second will be more influenced from the interest rate as there are more dollars in the future to discount.

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The real per capita GDP in country X is 4 times of that in country Y. The annual growth rate in country X is 2.33%, while in cou
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Answer:

It will take 30 years for country Y’s GDP to catch up with that of country X

Explanation:

In this question. We are asked to calculate the number of years it will take a certain country Y to catch up with the GDP of a certain country X, given the annual growth rate in both countries.

We calculate the number of years as follows;

Firstly, we assign a variable to the value of the real GDP of country Y

let real

Let the real GDP of the country Y be n. This means that the GDP of country C will be 4 * n = 4n

With a 7% growth rate annual, country Y's Real GDP will be doubled in 70/7 = 10 years and;

With annual growth rate of 2.33% ,country x's Real GDP doubles in 70/2.33 = 30 years.(Approx)

Now in next 30 years x's Real GDP will be = 2x4n = 8n

and Y's Real GDP in next 30 years will be = 2x2x2xn = 8n.

thus , it will take 30 years to country Y to catch up to the level of country x.

7 0
3 years ago
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The correct answer would be D. Limited Partnership
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Which skill do you feel is the most important? Why? (2-4 sentences)
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3 years ago
Mandy wants to mention detailed information about her hobbies, personal qualities, strengths, and professional achievements in a
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Tell me if I am wrong please.

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