1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gayaneshka [121]
3 years ago
12

Cash-basis vs. accrual-basis accounting?

Business
1 answer:
ki77a [65]3 years ago
4 0
The cash<span> method accounts for revenue only when the money is received and for expenses only when the money is paid out. On the other hand, the </span>accrual<span> method accounts for revenue when it is earned and expenses goods and services when they are incurred. ... </span>Accrual<span> accounting is the most common method used by businesses.</span>
You might be interested in
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount
aniked [119]

Answer:

$24,990

Explanation:

2/15 net 45 means that if the customer pays within the period of 15 days, he will get the discount of 2% of invoice amount, otherwise he has to pay the whole amount of invoice within the period of 45 days.

In the given scenario, since the Pound Co. has paid the invoice within the discount period, so therefore, the Pound Co. has availed the discount of 2% and accordingly the sales amount shall be recorded as follows:

Sales amount=Invoice amount*98%

                       =$25,500*98%

                       =$24,990

8 0
3 years ago
TJ Maxx, a discount apparel and home decor store, recently added an online retail option. It cautiously promoted this online sho
marishachu [46]
<h2>TJ Maxx wanted to minimize <u>brand cannibalization</u></h2>

Explanation:

A) microtargeting : Micro targeting is basically a marketing strategy to identify the need of the people using "data-mining" technique. Normally used by politicians to get people interest during the time of election.

B) brand cannibalization : It is the reduction of one product due to the release of another new product. TJ Maxx is interested more on people visiting more to shops than online.

C) retail mixing : It constitutes of 6 “P's”. They are presentation, personnel, product, place, promotion, price.

D) retail channel omnification: Activities pertaining to the direct marketing are termed as retail channel omnification.

5 0
2 years ago
Investing in stocks is like gambling when:
bearhunter [10]
If so maybe see hope help
6 0
2 years ago
What were African slaves most often sold to Europeans in exchange for
Harrizon [31]
The answer to your question is  Guns.
6 0
3 years ago
Read 2 more answers
You have $ 10 comma 000 to invest. You decide to invest $ 20 comma 000 in Google and short sell $ 10 comma 000 worth of​ Yahoo!
Naddik [55]

Answer:

expected return is 18%

volatility of the​ portfolio 13.23 %

Explanation:

Your Investment: $ 10,000

Invest $ 20,000 in Google, Google's expected return is 15 %

Sell $ 10,000 worth of​ Yahoo! Yahoo! Yahoo!'s expected return is 12 %

=> The weight of your portfolio is 2 for the Google stock, and -1 for the Yahoo stock.  The negative sign for the Yahoo stock indicates a short position in the stock. The expected return is the weighted average of the returns on the two stocks:

  • 2 * 15% + (-1) * 12% = 18%

The volatility of the portfolio is:

\sqrt{2^{2}*0.15^{2} + -1^{2}*0.25^{2} +2*2*(-1)*0.9*0.15*0.25 } = 13.23 %

5 0
3 years ago
Other questions:
  • The following transactions were made by Ruby Inc. last year:
    8·1 answer
  • Ross White's machine shop uses 2,500 brackets during the course of a year, and this usage is relatively constant throughout the
    5·1 answer
  • Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
    7·1 answer
  • 28-In​ 2008, in order to encourage people to spend more money and stimulate the​ economy, Congress passed the American Reinvestm
    6·1 answer
  • On February IN , Marshak's investment account has a balance Of $19,800. He deposited ,200 on April I and $2,600 on May l . He wi
    10·1 answer
  • Which PESTEL factors are the most salient for the electric vehicle segment of the car industry? Which PESTEL factors are the mos
    7·1 answer
  • The cost of overestimating demand is usually harder to determine than the cost of underestimating demand. Group of answer choice
    14·1 answer
  • The Stone Harbor Fund is a closed-end investment company with a portfolio currently worth $310 million. It has liabilities of $3
    8·1 answer
  • In a command economy, which group is most responsible for producing the
    13·1 answer
  • Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!