Answer:
The correct option is C.
Explanation:
Based on<em> IFRS 15 Revenue from Contracts</em> <em>with Customers:</em>
- a contract is an agreement between two or more parties that creates enforceable rights and obligations.
- revenue is an income arising in the course of an entity's ordinary activities.
The recognition of income arising from the supply of garbage bins and cleaning services is<em> bona fide</em>, since the two services are in the company's ordinary activities.
- When the supply of the garbage bins took place, delivery took place and ownership has been transferred to the client, so Binz Company can recognize the income as earned.
- The contract for 5-year cleaning services has to be recognized over the service year in line with accrual principle in accounting.
Answer:
16.30%
Explanation:
Calculation for what the percentage of the company's capital structure consists of debt
Using this formula
rs=D1/P0+g
First step is to find the D1 using this formula
D1=(1+Dividend expected grow constant rate) *+Dividend per share
Let plug in the formula
D1=(1+0.07)*$2.00
D1=1.07*$2.00
D1=$2.14
Now let find the percentage of the company's capital structure Using this formula
rs=D1/P0+g
Let plug in the formula
rs=$2.14/$23.00+0.07
rs=0.09304947+0.07
rs=0.1630*100
rs=16.30%
Therefore the percentage of the company's capital structure consists of debt will be 16.30%
D. Appointments to the Supreme Court must be apptoved in the Senate.
not sure though
Answer:
Preservation of value.
Explanation:
Money is a medium of exchange that is generally acceptable for transactional purposes.
As seen in the scenario , money may not necessarily be cash as some other items can be used as a medium of exchange in a trade by barter agreement so far the items has the features of money and acceptable.
However , one thing that could be pointed out in the transaction in the scenario is a loss of value of the purple fabrics before the transaction could take place as a result of sudden arrival of a trade ship that caused a surplus in the fabrics , and at the end , it could not achieve as much as was expected.
Therefore the need for the preservation of value of money is necessary and needed
