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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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A shareholder who was buying additional shares in Wayport, Inc., told the shareholder seller "he was not aware of any bluebirds
aleksklad [387]

Answer: C. The seller has a 10(b) claim against the buyer.

Explanation:

10(b) is a section within the Securities and Exchange Commission and are a common source of liability for public companies.

It makes it unlawful to use or employ in relation to the trading of shares or securities.

Over here the buyer made the statement that he was aware that the CEO informed the board via email of a patent sale by Wayport that meant that the corporation would receive net proceeds.

The buyer has unlawful means of source and therefore is thinking of buying additional shares. Buyer is violating the 10(b) section of the securities and exchange commission act.

7 0
3 years ago
As a factor of production, how is capital created? A. By adding land to entrepreneurship B. By adding human labor to land C. By
Dennis_Churaev [7]

Answer:

B

Explanation:

By adding human labor to land

7 0
3 years ago
Read 2 more answers
Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock ou
katovenus [111]

Answer:

$75,000

Explanation:

Calculation for the annual dividend on the preferred stock

Using this formula

Annual Dividend= Number of shares × Par value × Dividend %

Let plug in the formula

Annual Dividend= 10,000 shares × $125 × 6%

Annual Dividend= $75,000

Therefore the annual dividend on the preferred stock will be $75,000

5 0
3 years ago
When building a new residential development or mall, a national real estate organization typically does not remove many trees, b
SCORPION-xisa [38]

Answer:

The answer is: B) sustainability

Explanation:

Sustainability refers to meeting today's needs without compromising or jeopardizing the future generations' ability to fulfill their needs. Sustainability focuses on three main areas:

  1. economic: support long term economic growth
  2. environmental: protect and maintain environmental resources for future generations
  3. social: develop organizations and communities that meet the needs of current and future generations

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If a warranty were created by putting "party platter feeds twenty" on the platter does it always have to feed twenty people
iren2701 [21]
A warranty is a form of consensus between the customer and the manufacturer that the product is able to deliver the function in a period of time. In this case, the phrase given means not exactly twenty people. Usually, the number of people are just estimated from the normal individual serving and the serving of the whole platter.
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3 years ago
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