Answer:
SEASONS CONSTRUCTION
At the end of Dexc 31 2023
The revenue to be recognized will be = 25% * $18,600,000 = $4.650,000
The cost to be recognized = 25% * $18,750,000 = $4,687,500
Since percentage of completion method is being used, the revenue and cost to be recognized for the ywear 2023 will be based on the proportion of work completed in that year.
Explanation:
Answer:
$6,500
Explanation:
outstanding common stock 40,000
outstanding preferred stock 13,000 stocks of 5%, $10
preferred stock dividends per year = 13,000 x 5% x $10 = $6,500
The company only paid $4,000 in dividends during 2019, but since the preferred stocks are non-cumulative, the remaining $2,500 will not be paid in 2020.
dividends paid during 2020 = $6,500
If the preferred stocks were cumulative, then the company would have paid $6,500 + $2,500 = $9,000 in 2020
Answer:
C) Create a customer-driven environment where we constantly try to create customer value.
Explanation:
A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.
In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.
Answer:
See explanation section
Explanation:
A list of 5 business ideas that interests me -
a) Restaurant;
b) Environment-friendly small tools;
c) Recyclable and reusable setting business;
d) Tours & Travels;
e) Effective education program to enhance moral value.
For me, tours and travels business is highly opportunistic. Reasons are -
i) The company needs straightforward startup costs.
ii) There are massive opportunities because people like to travel very often.
iii) I can do my work independently.
iv) I have the chance to roam around the world with free air tickets.
Answer:
the major part of the remaining economic life of the leased property.
Explanation:
A finance lease is a method of financing assets where they remain the property of the lessor that hires them and the lessee pays rent for the hire of the asset or assets to the lessor.
The lessee also has to share some sort of economic risks as a result of the change in the value of the asset.
The lease term is equal to or greater than the major part of the remaining economic life of the leased property.
