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Papessa [141]
3 years ago
13

On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,

2021, but payment for the equipment of $11,900 is not due until December 31, 2021. Assuming that Wooten views the time value of money to be a significant component of this transaction and that an 11% interest rate is applicable. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
How much sales revenue would Wooten recognize on January 1, 2021? (Round your final answer to nearest whole dollar amount.)
Business
1 answer:
lubasha [3.4K]3 years ago
4 0

Answer:

$1,157 rounded to the nearest whole dollar

Explanation:

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What business cycle means?
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The repeating economic changes that happen in a society over time are known as business cycles.

Business cycles are one sort of fluctuation that can be seen in a country's overall economic activity, a pattern of booms that occur roughly at the same time in various economic activities, followed by contractions that are equally widespread.

The repeating economic changes that happen in a society over time are known as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators.

Business cycles are made up of coordinated cyclical upswings and downswings in output, employment, income, and sales, which are four broad indices of economic activity.

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8 0
1 year ago
A FLSA covered enterprise is the related activities performed through unified operation or common control by any period or perso
alexandr402 [8]

Answer:

Is an activity or a public agency

Explanation:

The FLSA represents the Fair Labor Standards Act. It is a federal law and it sets the minimum amount of wages, the record, the overtime as well as employment standards. FLSA stipulates an employee coverage either as an individual coverage or an enterprise coverage

For the enterprise cover as required in this question, an enterprise can only be covered if

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3. The enterprise can also be covered if it carries out activities such as providing medical care for its people, providing preschools or main (secondary or university) schools for children or the enterprise is an hospital. It is also covered if it is a public or government agency.  In order words <u>an activity or a public agency. </u>

6 0
3 years ago
The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nish
ollegr [7]

Answer: commitment

Explanation:

The Chief Executive Officer of Japan Airlines, who was Haruka Nishimatsu, was an example of a strategic leader who had a high performance.

The The decision to take less salary in a year when the company was less profitable and employees' pay was cut is an example of Nishimatsu commitment to the company.

4 0
4 years ago
In the short run, with predetermined prices, when output is greater than planned aggregate expenditures:
katen-ka-za [31]

Answer:

The decrease in production, is the right answer.

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5 0
4 years ago
Which of the following statements is true regarding the national debt and federal government​ deficits?
zheka24 [161]

Answer

A) There is a positive relationship between the national debt and a federal government budget deficit.

8 0
3 years ago
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