Answer: The correct answer is "a. Opportunity".
Explanation: This would be considered an <u>OPPORTUNITY</u> for BruceCo.
This situation according to the SWOT analysis, represents an opportunity for BruceCo because the announcement of an authority reported on a benefit of coffee consumption, and this small coffee producer, can take advantage and exploit this announcement in order to increase its sales.
Answer:
The answer is: Rawl Co. should recognize the related revenue evenly over the contract year as the services are performed.
Explanation:
According to the conservatism principle, Rawl Co. should record revenues and assets only when you are sure that they will occur. So they should record revenue only as the service is provided on a monthly basis.
It should determine the monthly payment = $540 / 12 = $45 per month.
So at the end of every month, it should recognize $45 as revenue.
Answer:
The correct answer is: substitutes.
Explanation:
A decrease in the supply of good B will cause the supply curve to move to the left. This leftward shift in the supply curve will cause the price of good B to increase.
The consumers will prefer a cheaper substitute, so when the price of good B increases, the demand for good C will increase.
This indicates that good B and good C are substitute goods.
