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.
Answer:
$1.67
Explanation:
The amount of shares that was repurchased is:
$300,000/($4,187,100/127,500)
= 9,135 shares
Outstanding shares is:
127,500-9,135
= 118,365 shares
Therefore, the EPS is:
= [$215,600 - ($300,000×.06)]/118,365.
= $1.67
Thus, the amount EPS after the debt was issued is $1.67
Answer:
A gain has a Credit balance and is shown on the Income Statement. C. A loss has a Debit balance and is shown on the Income Statement.
Explanation:
As we know that the revenues and gains contains the normal credit balance while on the other hand the expenses and losses contains the normal debit balance and both are reported on the income statement
The gain would be reported on the credit side of the income statement and the loss would be reported on the debit side of the income statement
So the same is relevant too
Answer:
100
Explanation:
$2 times 100 tacos is equal to $200.
Answer:
True
Explanation:
EEOC Laws are Equal Employment Opportunity Laws
It basically aims to provide equal rights to each and every employee, irrespective of the language used by them, their place of birth, and many other factors like that.
It provides for special notices for employees with severe disability, as that the notice should be presented and accessible to employees with visual disability, or any other disability.
Therefore, it requires and mandates the responsibility for all employers towards their employees, towards communicating their rights.
Thus, statement is True.