Answer:
Pg mali edi mli jkkkkkkkkkkkkk
Answer:
A web streaming company fulfills a 12-month service term paid by customers in advance.
Explanation:
Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.
As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.
In second case the pharmaceutical company receives donation which is anonymous.
All the things are not revenue for company.
It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.
Answer:
Economics is different from other social sciences because it gives special emphasis to the study of ______; it is similar to other social sciences because they are all concerned with the study of _______.
the answers are opportunity cost; choices
Explanation:
The major emphasis of economics is how people choose among the alternatives available to them. Economics studies the concept of opportunity cost (i.e) the wants left unsatisfied in other to satisfy more pressing needs. Since the study of economics arises as a result of scarcity, the act of choosing important want to be satisfied and leaving less the less important ones unsatisfied is an important aspect that economics studies
However, It is similar to other social sciences because it involves people and their behavior. (i.e people and their choices) subjects such as political science, sociology, psychology etc. all studies human behavior and how human reacts to what they are faced with daily.
Answer:
a) 302.28
b)3,476.23
c)3,476.23
d) 142 units
Explanation:
<u><em /></u>
<u><em>Where: </em></u>
D = annual demand = 14,200
S= setup cost = ordering cost = 74
H= Holding Cost = 23.00
EOQ = 302.2811821 = 302.28
holding cost:
average inventory x holdign cost
302.28 / 2 x $23 = 3476.233594
ordering cost:
order per year x cost per order
14.200 / 302.28 x $74 = 3,476.233594
14,200 / 300 = 47.33 units per day
47.33 x 3 = 141.99 reorder point
Answer:
D - deduction from the balance per the company's records.
Explanation:
In the company's books, the payment was erroneously recorded as $695, thus understating the amount that was paid. But if the check was cleared at the bank, the bank statement will show a deduction of $965, which is the correct figure.
Therefore the balance as as per the company's records should be reduced by $270, ie $965 - $695.