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valkas [14]
3 years ago
7

Which of the following statements is correct? Revenue is recognized at the time of shipment when goods are shipped FOB destinati

on. Sales returns and allowances are reported as operating expenses on an income statement. A seller records revenue when title and risks of ownership transfer to the buyer. Sales discounts are reported as cost of sales on an income statement.
Business
1 answer:
allochka39001 [22]3 years ago
7 0

Answer:

The correct answer to the following question will be Option C.

Explanation:

  • The buyers, as well as sellers, must negotiate an understanding as to who is capable of paying certain transport costs and also who, whenever the item is delivered, assumes the default risk throughout transportation.
  • A seller reports compensation whenever the purchaser has the transition of titles as well as ownership uncertainties.

The other three options are not related to a certain scenario. So that option C is the right answer.

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Which of the following statements about roles within groups is true?A. Roles are shared beliefs of how various individuals shoul
In-s [12.5K]

Answer:

(D) Task specialists keep the group moving toward its objective

Explanation:

  • The highest group performance occurs when a highly cohesive group has high-performance norms.
  • Group or Teams can be powerfully effective as a building block for organization structure
  • A team's purpose should be translated into  specific, measurable performance goals.
  • The key element of effective teamwork is the commitment to a common purpose.
  • Teams are now used by almost all companies to produce goods and services, to manage projects, and to make decisions about running the company.

Hence, the statement in option (D) is correctly fitted.

6 0
3 years ago
Six equal annual contributions are made to a fund, with the first deposit on December 31, 2019. Required: Using the future value
Tasya [4]

Answer:

The answer is $3,888.22

Explanation:

This is an annuity due because the cash flow is being done on the first day of each period.

Annuity is a fixed sum of money paid to or receceived from someone or business every year.

Future Value(FV) = $30,000

Interest rate(i or I/Y) = 10%

Number of years(N)= 6 years

Annuity (PMT) = ?

Using a Financial calculator to solve it (Texa BA II Plus )

Annuity (equal contributions) will be $3,888.22

6 0
3 years ago
If the internal rate of return is used as the discount rate in the net present value calcula-tion, the net present value will be
bezimeni [28]

If the internal rate of return is used as the discount rate in the net present value calculations, the net present value will be  equal to zero. The internal rate of return (IRR) is a financial analysis metric used to estimate the profitability of potential investments.

The IRR calculations use the same formula as NPV calculations. Keep in mind that the IRR is not the project's actual the dollar value. The annual return is what brings the NPV to zero. The IRR is calculated in the same way as net present value (NPV), except that it sets NPV to zero.

To learn more about value, click here.

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4 0
2 years ago
Other variable costs per unit subtracted from total cogs per unit equals ________ per unit. contribution margin operating margin
Anastasy [175]

Other variable costs per unit subtracted from total COGS per unit equals contribution margin per unit.

Variable costs are expenses that vary in relation to production output or sales.

Variable costs play an important role in determining a product's contribution margin, which is used to calculate a company's break-even or target profit level.

Variable costs are a direct input in the calculation of contribution margin, which is the number of proceeds collected after deducting variable costs from sale proceeds.

Every dollar of contribution margin goes directly toward covering fixed costs; once all fixed costs are covered, every dollar of contribution margin goes toward profit.

As a result, variable costs are a necessary item for businesses attempting to determine their break-even point.

Hence, contribution margin per unit is the answer.

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6 0
1 year ago
In developing a marketing plan, the section on goals and objectives defines the parameters by which the firm will measure actual
Paraphin [41]

Answer: Evaluation and Control.

Explanation:

If the company is to measure it's performance based on their goal and objectives, this implies that the goal and objective of that company has become a tool with which the company can appraise their performance which is a form of evaluation.

7 0
3 years ago
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