The ____ method indicates whether value is expected to be created for shareholders

The new ASC Topic 606 for revenue recognition:

denpristay [2]

Answer:

addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.

Explanation:

ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.

5 0

3 years ago

Barnes Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost info

777dan777 [17]

Answer:

Standard= $24,800

Explanation:

Giving the following information:

Number of: Setups Components

Standard 22 8

Deluxe 28 12

Overhead costs $20,000 $40,000

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Setups= 20,000 / (22+28)= $400per setup

Components= 40,000 / (8+12)= $2,000 per component

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard= 400*22 + 2,000*8

Standard= $24,800

3 0

3 years ago

Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can sched

Mkey [24]

Answer:

Explanation:

exponential smoothing alpha = 0.5

formula = Previous demand x Alpha + previous forecast x (1 - alpha)

26 32 40 27 30

26 26 29 34.5 30.75

week 2 forecast

26x0.5 + 26x0.5 = 26.

week 3 forecast

32x0.5 + 26x0.5 = 29

use the same procedure for week 4 and week 5

week 6

30x0.5 + 30.75x0.5 = 30.375

Demand Forecast for week 6 = 30.38

5 0

3 years ago

Sales of mobile phones in the United States are still increasing, but the rate of growth has slowed. Sales are expected to peak

m_a_m_a [10]

Answer:

maturity

Explanation:

Based on the scenario being described within the question it can be said that the mobile phones are in the maturity stage of the product life cycle. This stage is classified as having past the drastic growth phase in which sales begin to slow down until full maturity is met and sales ultimately begin to die down. Leading to the decline stage.

5 0

3 years ago

Read 2 more answers

In a tcs project that involves tcp ip customer ip and or partner/vendor ip, it is important for the tcs project team to comply w

const2013 [10]

The majority of nations, including India, do not have special laws safeguarding trade secrets, in contrast to other intellectual property rights like patents, trademarks, and copyrights. To safeguard trade secrets, the parties usually depend on contract law or the theory of misappropriation.

<h3><u>The points explaining TCS Scenario:</u></h3>

Rapid product development in workplaces and workshops designed in the manner of Silicon Valley helps customers of TCS Digital Reimagination Studio to utilize the advantages of digital technology.
These workspaces and workshops foster creativity and extremely agile cooperation.
The fundamental elements of IP governance must be understood and used by TCS workers. Your access must be immediately terminated.
This protection is only available through patents and utility models. Another party who rightfully created the necessary knowledge, such as B. Independently created inventions, may patent a trade secret. Once the secret is revealed, anybody can utilize it anyway they choose.
Trade secrets are proprietary knowledge that has intellectual property (IP) rights that may be sold or licensed.
Generally speaking, for something to be deemed a trade secret, it must: be financially valuable due to its secrecy; be known exclusively by a small group of individuals.

To view similar question about Customer Ip, you can refer to:

https://brainly.in/question/43521181

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4 0

1 year ago