Answer: d. revenues to be understated.
If the services have been rendered but the revenue is not recorded it means that your accounts will show less revenue than you have actually earned as in accounting revenue is recognized as soon as the service is rendered, thus not recognizing the revenue when the service is rendered will understate the revenues.
Explanation:
Answer:
Please see explanation
Explanation:
My take home salary when i was making $38,000 is given below:
Take home salary=$38,000*88%=$33,440
My take home salary when i will be making $43,000(38,000+5,000) for new role is given below:
Take home salary=$43,000*84%=$36,120
So the increase in my salary is $2,680 (36,120-33,440) due to new job and raise and therefore i should accept it.
Answer:
The correct answer is option C.
Explanation:
Price control or price ceiling can be defined as a type of price control in which the upper limit is fixed for the price of certain goods and services. The price ceiling is imposed on products which are necessities. Higher prices of these products are likely to increase dis-utility. The price ceiling is used to make necessities affordable to people.
Among all the goods mentioned above aspirin and antacids are necessary items. The rest of the goods are luxury items, they are not basic necessities. So price control is most likely to be used on aspirin and antacids.
Answer:
8.9%
Explanation:
From the question above
- The investment has 20% chance of earning 30% rate of return
= 20/100
Number or chances= 0.2
- The investment has a 50% chance of earning 10% rate of return
= 50/100
Number of chances = 0.5
- The investment has 30% chance of losing 7%
= 30/100
Number of chances= 0.3
Therefore, the expected return on investment can be calculated as follows
=0.2(30) + 0.5(10) + 0.3(-7)
=6 + 5 - 2.1
= 11-2.1
= 8.9%
Hence the expected return on investment is 8.9%
The answer is True. You have more samples, the result is more accurate.
