Answer:
Explanation:
Revenue recognition= [Transaction price-(Payment to advertisement-fair value)
Transaction price = $43,000
Payment to advertisement = $9,000
Fair value = $5,000
Thus, the revenue should Lewis co. record for the merchandise sold to Adco is:
= $43,000 - ($9,000 - $5,000)
= $39,000
Answer:
B)The U.S.'s production possibilities curve to shift outward faster than Nepal's
Explanation:
The production possibilities curve can be regarded as a graph which display
various combinations of output which can be gotten base on current resources and technology. It gives illustration about scarcity and tradeoffs. In the scenerio described in the question,The U.S.'s production possibilities curve to shift outward faster than Nepal's
Answer:
The correct answer for both is $510,000.
Explanation:
According to the scenario, the computation of the given data are as follows:
Issued in Bonds = $510,000
Interest rate = 10%
Market rate = 10%
As, interest rate is equal to market rate of the the bond, So it can be considered as bonds are issued at the face value.
So, the issued price = $510,000
The issuance amount = $510,000
Answer:
D. production bonus
Explanation:
With regards to the above, an unregistered person cannot be compensated with commissions or pay based on production . While the unregistered sales assistant may be compensated for hourly wage, performance bonus and annual salary; he would not be compensated for production bonus because he is not allowed to partake in the commissions, or share in any fortune of the business with the agent he works for.
A production bonus unlike performance bonus(bonus paid for doing a good job), is based on the level of commissions and other fees that are earned hence not permitted for an unregistered persons or sales assistant.
