Answer:
B. July 31
Explanation:
Revenue recognition principle assumes that revenues are recognized when they are realized or relizable and are earned, in respective of when payments are received.
It states that one should only record revenue when it has been earned, not when the related work payments is collected. Also, money paid in advance for a work should be recorded as a liability not revenue.
Since Live Wire services uses revenue recognition principles, then the day they'd record it as revenue is thesame day the job was done and completed which was July 31st.
Answer:
The correct answer would be Command Economic System.
Explanation:
Economic systems define the control of the government on the economic resources and the institutions of the country. There are four major economic systems. One is Traditional Economic System, other is Command Economic System, third one is Market Economic System and the fourth one is Mixed Economic System.
Command Economic System is an economic system in which the central powers are with the government. Government regulate the decisions of economy as well as of the institutions. In this type of economy, the government dictates the companies to do whatever the government says and thinks is the best for the country's economy.
So in this question, government thinks that the best way to overcome the trade deficit is to increase the exports of the Sedan cars at a competitive price in the international market without seeking any advice from the automobile manufacturers. This type of economic system is called the Command Economic System.
Answer:
An example of service is a man or woman who is a US Marine. Service is defined as someone or something that is intended to provide help to those providing assistance to others. An example of service is an elevator in a hotel that is meant to be used by hotel staff.
Explanation:
Answer:
20,000 kcal/m2 per year
Explanation:
Data provided in the question:
Net annual primary productivity of a particular wetland ecosystem
= 8,000 kcal/m2 per year
Respiration by the aquatic producers = 12,000 kcal/m2 per year
Now,
The gross annual primary productivity for this ecosystem will be equal to the sum of all the ecosystem and the producer in the overall ecosystem
Therefore,
gross annual primary productivity for this ecosystem
= 8,000 kcal/m2 per year + 12,000 kcal/m2 per year
= 20,000 kcal/m2 per year
