Revenue in a business transaction is recognized <u>When </u><u>goods </u><u>or </u><u>services </u><u>are </u><u>provided </u><u>to </u><u>customers </u><u>and at the </u><u>amount expected </u><u>to be </u><u>received </u><u>from the customer. </u>
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<h3>What is revenue?</h3>
- Refers to the amount paid to a company for the provision of goods and services.
- Can only be recognized when that good or service has been provided to the customer.
Until a good or service is provided to the customer who bought it, revenue should not be recognized because it has not been earned by a company.
In conclusion, option C is correct.
Find out more on revenue recognition at brainly.com/question/1380073.
Answer: Harrison will acknowledge a gain equal to the difference between his basis and the distribution . This is because he receives only money in the distribution and the amount transcend his basis in KH. He further allot his entire basis in KH to the basis in the money received resulting in $0 basis in KH after the distribution.
∴ <em>The capital gain will be $6000 i.e. (50000 - 44000) and $0 basis.</em>
There are new models of cars always coming out. The 2022 kicks’ xtronic cvt® adaptive ratio control respond to the vehicle accelerating out of a turn by;
- When one holds the current gear ratio a just small or a little longer for good/better acceleration.
<h3>What is Xtronic CVT?</h3>
The Nissan CVT is known to be the Xtronic, This is an automobile vehicle that was first produced in 2011.
It is known for its unique moving parts that tends to reduce friction and heat. It is also known to last longer when compared to traditional transmission.
Learn more about Cars from
brainly.com/question/124419
Answer:
Productivity Growth = 6.1%
Explanation:
Productivity Growth = Current Productivity - Previous Productivity/ Previous Productivity
Productivity Growth = 35-33/33=2/33= 0.0606 or 0.061*100= 6.1%
Productivity Ratio = Output/ Input
Labor Productivity= No of Units/ No of Employees
A preferable approach to productivity measurement is to record multiple physical measures that capture the most important determinants of a company's productivity.
Formula: Finished Goods Inventory Beginning - Sales in units + Produced units= Ending Inventory
3000-12000+14000= 5000 Ending finished goods inventory in units
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