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3 years ago

Consider the following three scenarios:

Business

1 answer:

telo118 [61]3 years ago

3 0

Answer:

Explanation:

I. the date the service was performed is on June 1st, Therefore revenue will be recoganized on June 1st.

II. Melly Corp received advance payment for raw material to be delivered to Drake Inc. in 6 month, Therefore revenue cannot be recognized on June 1st.

III. Lodo, LLC collected cash on June 1st for service rendered on May 1st. Therefore revenue will not be recoganized on june 1st

The revenue that cannot be recognized on June 1st for II and III case.

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A bank has $650,000 in assets to allocate among investments in bonds, home mortgages, car loans, and personal loans. Bonds are e

frosja888 [35]

Answer:

using solver, the optimal solution is:

$325,000 invested in bonds

$162,500.01 invested in mortgages

$162,499.99 invested in personal loans

maximum profit = $66,625

Explanation:

profit maximization equation:

0.1b + 0.085m + 0.095c + 0.125p

where:

b = money invested in bonds

m = money invested in mortgage loans

c = money invested in car loans

p = money invested in personal loans

constraints:

b + m + c + p ≤ 650,000

p ≤ 0.25 x 650,000 ⇒ p ≤ 162,500

m ˃ p

b ˃ p

using solver, the optimal solution is:

$325,000 invested in bonds

$162,500.01 invested in mortgages

$162,499.99 invested in personal loans

maximum profit = $66,625

actually solver gave me the following solution:

$325,000 invested in bonds

$162,500 invested in mortgages

$162,500 invested in personal loans

maximum profit = $66,625

since mortgage loans must be larger than personal loans, I added 1¢ to mortgage loans and subtracted 1¢ from personal loans

4 0

3 years ago

A ______________________ is created each time the federal government spends more than it collects in taxes in a given year.

Vlad [161]

Answer:

Budget deficit / Fiscal deficit

Explanation:

At the start of the year, every government prepares a budget e.g. all sources of revenue (direct taxes, indirect taxes, aids etc) and projected expenses are also mentioned (development of society, defense etc.).

When a government spends more than its revenue from taxes so it means that government is running a budget deficit or a fiscal deficit which are covered through fiscal measures by government e.g. increasing taxes or reducing public spending.

8 0

4 years ago

Using the consumer products classification system, which of the following is true of the marketing mix factors for a convenience

Elza [17]

Answer:

The correct answer is C

Explanation:

Consumer products classification system is a system or a model which is presented in the most of the principles of marketing in the product mix. This model simplifies the consumer products into 4 categories.

So, the factor of marketing mix which will convenience product is the one which has the long channel of distribution, as it will help in reaching the product to the buyer.

4 0

3 years ago

Generally, when business startup costs exceed the maximum amount allowed, the remaining costs may be amortized over_____ months.

irina1246 [14]

Answer:

The correct answer is letter "B": 180.

Explanation:

During the first year a business operates, companies can elect to deduct up to $5,000 from their costs. If the costs are higher than $50,000, the deduction of $5,000 will be reduced by the exceeding amount. However, that exceeding amount can be amortized for up to 15 years (180 months).

8 0

3 years ago

How do you give bainliest

FromTheMoon [43]

After 2 people answer on-top of their name will have the option for you to choose which answer is the most helpful to you

7 0

3 years ago