To strengthen your ideas and opinions with examples, facts, or details is to add supportive details.
It is important when analyzing data and drawing conclusions to have facts and details to support your reasoning. Especially if you are making large decisions for an organization, everyone needs to be able to understand why a decision was made. Having tangible information is the best way to support your ideas.
Answer:Annual fixed expenses = $ 539,000
Explanation:
Given;
break even point on books sold= $49,000
sales price per unit = $39
variable cost= $28
Using the formulae,
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales
49,000 =Fixed cost / ( 39-28)
Fixed cost = 49,000 x 11
= $ 539,000
Annual fixed expenses = $ 539,000
Answer:
A web streaming company fulfills a 12-month service term paid by customers in advance.
Explanation:
Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.
As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.
In second case the pharmaceutical company receives donation which is anonymous.
All the things are not revenue for company.
It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.
Answer:
C) A firm's products are introduced into the market faster than its competitors' products.
Explanation:
Quick response refers to shorten the delivery time of products and services to meet the need of customers at the right moment. This is a way to survive the competition and increase the customer satisfaction. According to this, an example of competing on quick response wil be that a firm's products are introduced into the market faster than its competitors' products as the firm will be having a better delivery time than the competition which will allow it to put the goods first in the market which will give it an advantage by being first.
Answer:
Unrealized gain = $12,000
Explanation:
Security Cost A Fair value B Unrealized amount (B-A)
ABC $40,000 $55,000 $15,000
DEF $72,000 $65,000 -$7,000
XYZ $16,000 $20,000 <u>$4,000</u>
Total <u>$12,000</u>
So, the unrealized gain to be recorded is $12,000
