Answer:
No, no revenue is recorded for items shipped FOB destination until those items reach the buyer.
Explanation:
In this scenario the buyer has not received the good so ownership has not transferred hands. According to shipping FOB terms, till the buyer actually recieves the goods they are technically still the property of FY world.
So Wally will not be able to record revenue against this sale. Rather he will still recognise the merchandise as part of the companie's inventory.
When the buyer recieves the goods he can now record the revenue from the sale.
The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in database marketing campaign.
<h3>What is a
Customer lifetime value?</h3>
A customer lifetime value refers to a ratio that tells about the total revenue that a business can reasonably expect from a single customer.
Hence, the customer lifetime value helps the firm to know valuable customers which allows to know who to treat most importantly
Therefore, the Option C is correct
Read more about customer lifetime value
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Answer:
$1,333
Explanation:
The computation of the deprecation expense is shown below:
= (Original cost - residual value) ÷ estimated useful life
= ($23,000 - $3,000) ÷ 5 years
= $4,000
This $4,000 depreciation expense come for a year but the asset is purchased on September 1, 2019 and the books are closed on December 31, 2019
So, the four months depreciation expense would be
= Yearly depreciation expense × number of months ÷ (total number of months in a year)
= $4,000 × (4 months ÷ 12 months)
= $1,333.33
The four months is calculated from September 1 to December 31
An employer-employee connection is established whenever an employer engages a worker to perform a physical service.
An employer-employee relationship refers to how an employer (either an individual or an institution) and employees view and treat one another at work. The moment a person signs their employment contract, a relationship between them and their employer is established.
What kind of relationship should exist between the employee and the employer?
a result of the modeling exercise for a work relationship
The interaction between an employer and employee should be cordial and helpful. An employer is the one who welcomes a worker into an organization, hence it is his major duty to make sure the latter is comfortable and pleased while working.
To know more about employer-employee relationship
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Answer:
the Management section is completely controlled by only one person who is also a shareholder.
Explanation:
Based on the information provided within the question this will significantly increase when the Management section is completely controlled by only one person who is also a shareholder. In any situation where one person hold's all the power, corruption (fraudulent financial reporting) increases since the individual is able to blend in and not raise suspicion since they are the only one that is completing a certain task.
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