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alexdok [17]
4 years ago
14

Revenue is reported on the income statement in the period earned. The accounting concept supporting this reporting is

Business
1 answer:
Dvinal [7]4 years ago
4 0
The right answer for the question that is being asked and shown above is that: "c. the revenue recognition principle. " Revenue is reported on the income statement in the period earned. The accounting concept supporting this reporting is <span>the revenue recognition principle. </span>
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Preston Industries has two separate divisions. Each division is in a separate line of business. Division A is the largest divisi
bogdanovich [222]

Answer:

D. assign appropriate, but differing, discount rates to each project and then select the projects with the highest net present values.

Explanation:

Even though Division A is the largest and produce the highest amount of sales, it will not be selected based on this factor but its net present value(NPV). This will determine if the sales actually can fully recover the initial investment amount and yield a profit. Therefore, since Division A and B have different levels of risk, it will be appropriate to find their NPVs using different discount rates and accept the one with the highest NPV.

8 0
3 years ago
To analyze a multiple flow process using a single flow, we must define what constitutes a ______ flow unit.
kotegsom [21]

To analyze a multiple flow process using a single flow, we must constitute a Good flow unit.

The three key performance indicators for business processes are flow rate/throughput, inventory, and lead time. In the definitions below, the term "flow unit" is often used. A flow unit is the basic unit of analysis in any scenario (customer, sandwich, phone call, etc.).

Flow Rate / Throughput: The number of flow units (customers, money, goods/services produced, etc.) that go through the business process per unit of time. B. Customers served per hour or parts produced per minute. Flow rate is usually the average velocity.

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4 0
2 years ago
Ework Which of the following is not a reason perfect competition is a useful simplification, despite the diversity of market typ
cluponka [151]

There are different kinds of market. The option that is not a reason perfect competition is a useful simplification, despite the diversity of market types we find in the world is that;

  • There are many buyers and many sellers in all types of markets.

<h3>What leads to perfect competition?</h3>

Firms are known to be in perfect competition due to;

  • When many firms produce identical products.
  • When there are plenty buyers available to buy the product, and and also plenty sellers are available to sell the product, etc.

Firms are said to be in perfect competition when a lot of firms produce the same type of products and also these firms can do business in the market without any kind of restrictions.

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8 0
2 years ago
Which investment bank underwrote the most bonds in 2013 and 2014?
Anton [14]

The investment bank that underwrote the most bonds in 2013 and 2014 is:<u> J.P. Morgan.</u>

<h3>What is investment bank?</h3>

Investment bank is a financial institution that render various types of investment services to their clients or customers. Investment tend to deals in buying and selling of shares to investors.

J.P. Morgan was  an investment bank that offers various investment services to investors and was known as the investment bank that underwrote the most bonds in the year 2013 and year  2014.

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3 0
2 years ago
a method that business operators can use to maintain a good customer base is to? A respond to customer B ignore customer feedbac
aksik [14]

Answer:

A respond to customer

Explanation:

Responding to customers is a good customer care practice. As business competition increases, the need for excellent customer care increases. Offering quality and prompt services creates loyalty among the customers.  A loyal customer is not likely to purchase from competitors.

When customers feel and believe they are offered excellent services, they will recommend the business to other customers. In due course, the business will have a circle of many loyal customers. Ignoring a customer or over-pricing of goods will make existing and potential customers look for alternatives.

7 0
3 years ago
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