Answer:
True
Explanation:
The salary is paid to employees which means that the benefits that the employee receives by delivering its services is labor cost to the company. The company pays its employees to receive the desired services that the employee is willing to deliver its employer.
Answer:
Explanation:
Revenue recognition= [Transaction price-(Payment to advertisement-fair value)
Transaction price = $43,000
Payment to advertisement = $9,000
Fair value = $5,000
Thus, the revenue should Lewis co. record for the merchandise sold to Adco is:
= $43,000 - ($9,000 - $5,000)
= $39,000
<span>Which group discussion technique involves a large number of respondents who may be participating in the discussion remotely? Focus groups can be held remotely, they can answer questions on a live stream or chat to make sure all candidates are participating but also able to be in their area of choice. Group discussions are a popular type of research because they allow candidates to hear or see each others responses to the same questions. Being able to hear why someone thinks about the same situation you do, but differently, opens up growth and understanding for how things can be used. </span>
Answer:
34.6%
Explanation:
The formula to compute the company's profit margin is shown below:
Profit margin = (Net income) ÷ (sales revenue) × 100
= ($92,400) ÷ ($267,000) × 100
= 34.60%
It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it
