Answer: D. Liabilities, stockholders' equity, and revenues.
Explanation: In case of liabilities and equity increase by credit because they are the funds with which the company has to finance the assets according to the balance sheet. Example: Accounts payable suppliers, share capital of shareholders.
Revenues correspond to the income statement and also increase in credit. Example: Revenue from sales, income from commissions.
Answer:
The answer is explained below.
Explanation:
Nowadays due to globalization and also due to the increase of the mass media, the social media and so on, the amount of information has increase widely as well as the competition between the companies that work in the same industry focusing in the same target audience. That is why that in the current days it is quite essential to have an strategic management plan in which the manager focus on the analysis and use of all the information that is out there in order for them to gather it. Therefore that the strategic management has the main purpose of using the information available and try to transform all that, plus ideas, into plans that could help the organization to work better and therefore to have better results and increase the sales and the profits.
The correct answer is C. By attending college, Connor actually stands better prospects to earn a significant salary throughout his lifetime. Employees having gone through post-secondary education generally earn more income than those who have not studied till college. The simple reason is, by attending college, you acquire sharper knowledge and insights of disciplines you wouldn't otherwise have access to. You get skills that are in line with a demanding and fast-paced environment. People often regret not attending college because they could have grabbed a certificate that could have been a stepping stone for professional opportunities and higher incomes.
Answer:
B) The liaison role
Explanation:
From the question we are informed about Clara is the chief operating officer of a cosmetics manufacturing company. She gets opportunities to attend the board meetings of her vendor companies. These meetings give her a fresh perspective about how other companies frame their strategies and how procurement and operations are managed in different companies. In the context of managerial roles, In this case, Clara illustrate liaison role.
liaison officer can be regarded as person that stand or liaises in between two firms/organizations in order to communicate as well as coordinate their activities through serving as an official go-between as regards senior officials of both firms. The liaison role is also expected to be an active role as regards liaison organization, attending their key meetings is necessary
Answer:
The amount of revenue to be recognized at 31st March is $383500
Explanation:
The revenue amount that should be recognized in the income statement as at March 31,2020 is the sales price of $365000 plus three months of installation fee since installation is expected to last six months and three months have passed since installation began.
Hence, the amount of revenue as at 31st March is calculated thus:
Sales price $365000
Installation fee for 3 months(3/6*$37000) <u>$18500</u>
Total revenue as at 31st March $ 383,500
The rationale behind this is that revenue is only recognized when the seller has discharged his or her obligation under the contract not when cash is received and it is very clear that installation has been undertaken for 3 out of 6 months