The correct answer is A) July 31st.
Orange County shows that the revenue was recognized on July 31st.
The other options of the question were B) August 1. C) August 5. D) August 6.
To be successful, a business needs good control and operation systems. Accounting is of the utmost importance when controlling the finances of a company. You have to keep your records straight. Your accountant needs to clearly understand when to record revenue in your book. So the accountant has to understand the general principles of accounting. According to the revenue recognition principle, revenue has to be recognized when they are realized, so you keep it in the book.
Answer:
a) 2.1 billion tons/yr
b) 10.5 billion people
Explanation:
Given:
Total arable land = 1.4 billion
Grain produced by each hectare of land = 1 and 2 tons annually
therefore,
The average Grain produced by each hectare of land =
= 1.5 tons/yr
Therefore,
The total grain produced annually
= average Grain produced × Total arable land
= 1.5 × 1.4 billion
= 2.1 billion tons/yr
b) Sufficient grain for each people = 200 kg
Now,
1 ton = 1000 kg
thus,
2.1 billion tons = 2.1 × 10⁹ × 1000 kg = 2.1 × 10¹² kg
The number of people Earth can support =
or
The number of people Earth can support =
or
The number of people Earth can support = 10.5 × 10⁹ people
= 10.5 billion people
Answer:
The answer to your question would be D. 18.98%
Explanation:
Governments encourage and promote
its country's exports primarily because it creates jobs and foster economic
prosperity. Export of goods often requires involvement
of customs authorities that’s why
country with most favored nation status usually exports into the granting
country at lower customs duty rates than other companies.