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Aleksandr-060686 [28]
3 years ago
13

Finerly Corporation sells cosmetics through a network of independent distributors. Finerly shipped cosmetics to its distributors

and is considering whether it should record $300,000 of revenue upon shipment of a new line of cosmetics. Finerly expects the distributors to be able to sell the cosmetics, but is uncertain because it has little experience with selling cosmetics of this type. Finerly is committed to accepting the cosmetics back from the distributors if the cosmetics are not sold. How much revenue should Finerly recognize upon delivery to its distributors?
Business
1 answer:
Vaselesa [24]3 years ago
7 0

Answer: $0

Explanation:

When there is an expectation of reversal of the goods back to the company due to factors arising from a delay in the delivery of the goods or other factors that could not be controlled, the revenue recognized should be $0.

In this scenario, Finerly is uncertain about the ability of the goods to be sold by the distributors and is committed to accepting the cosmetics should they not sell.

As they have little experience which means that they will be unable to control much unforeseen factors, there is an expectation of reversal so revenue should be recognized at $0 on delivery. Revenue will only be recognized after sales.

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You own a portfolio that is 34 percent invested in Stock X, 22 percent invested in Stock Y, and 44 percent invested in Stock Z.
Sonja [21]

Answer:

13.86%

Explanation:

34% was invested into stock X with an expected return of 11%

22% was invested into stock Y with an expected return of 18%

44% was invested into stock Z with an expected return of 14%

The expected return on the portfolio can be calculated using the formula below

Expected return= Sum of ( weight of stock×return of stock)

= (0.34×11%)+(0.22×18%)+(0.44×14%)

= 3.74+3.96+6.16

= 13.86%

Hence the expected return on the portfolio is 13.86%

5 0
3 years ago
A division of Frank Clothiers had 36 openings for assistant store manager last year. As part of their voluntary affirmative acti
statuscvo [17]

Answer:

Explanation:

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The case of Watson V. Fort Worth Bank & Trust will be used to support my claim. Clara Watson turned down a promotion that was contingent on an interview under this scenario.

The U.s. Supreme Court Declared that a Title VII claim to a strategy of subjection enforcement can only be investigated under the unequal care principle. In the majority decision, the Court allowed the principle of (disparate effects) to apply to arbitrarily defined work practices.

4 0
3 years ago
Katherine gives piano lessons for $20 per hour. She also grows flowers, which she arranges and sells at the local farmer’s marke
Debora [2.8K]

Answer:$100

Explanation:

Accounting profit is total earnings less total cost.

Accounting profit = Total revenue - Total cost

$150 - $50 = $100

Economic profit = Accounting profit - Opportunity cost

$100 - ($20 ×5) = 0

6 0
3 years ago
PLZ HELP ASAP !! Econ !!
alexandr402 [8]

I'm pretty sure B

Explanation:

I dont knowing I'm correct but give meh a rating if I'm right

7 0
2 years ago
Which of the following provides a consumer with the deepest comprehension and the greatest chance of accurate recall? a. Spreadi
horrorfan [7]

Answer:

Personal elaboration

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Personal elaboration is the simplest and important form of recall memory. In this process, the consumer can recall the deepest comprehension and then there is the greatest chance to recall accurately.  

Different strategies play a great part in this process.

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3 0
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