Answer:
The $5,680 expense should the firm deduct from revenues in the month when it recognizes the revenue.
Explanation:
According to the matching accounting principles, the expenses and revenues should be recorded in that period in which they are incurred and earned.
In the question, the Sheridan pays $2,590 in April, and $3,090 in may but it incurred in April
So, the total amount would be $2,590 + $3,090 = $5,680 should be recorded on April month only.
Answer:
The overall break-even point will be increased
Explanation:
Contribution margin ratio
( Sales - variable cost ) / Sales
U82U = ( $28,000 - $13,440 ) / $28,000 = $14,560 / $28,000 = 0.52
P89W = ( $18,000 - $7,260 ) / $18,000 = $10,740 / $18,000 = 0.60
As the contribution margin ratio of U82U is lower than the P89W, so, the shift of sales towards U82U will increase the overall break-even point because more unit with lower contribution will be needed to sale to recover the fixed cost.
Katherine would require skills of being able to work with confidence. At client's site, she must have highly polished managerial and observable skills. She must also realize that guidance should be seeked for important stuff.
The General manager would likely
assume the controllers’ duties in a limited service hotel, with no full-time
controller. Controllers duties includes guiding financial
decisions and protects assets by establishing, monitoring, and enforcing
policies, procedures and internal control. He/she monitors and confirms
financial condition by conducting audits and providing information to external
auditors.
Answer:
a, b
regions and countries.
Explanation:
Often termed <u>global marketing strategy</u>, involves bridging the cultural gap by producing advertising that appeals to countries from several different regions in the world.
Disney is a good example of a company that uses a global marketing strategy, another example is Coca-cola because of irrespective of the regions they produce products that appeal to their consumers.
