Answer:
d trade creidt have a good day (:
Explanation:
Answer:
Rothbart Manufacturing
From the case study, Rothbart Manufacturing has incurred an equivalent cost of 80% in the manufacture of the bumper cars, it should then recognize revenue of $48,000 ($60,000 * 80%) under the percentage of completion method.
However, under the new IFRS 15 or ASC 606 Revenue from Contracts with Customers, Rothbart Manufacturing can only recognize revenue based on the fulfillment of the contract's performance obligations, evidenced by the transfer of the asset or some benefits to the buyer.
I do not see any transfer of benefits here. Instead of recognizing any revenue the current year, Rothbart Manufacturing should assign the cost incurred so far (80%) to Work in Process Inventory, which is a current asset. It can then recognize revenue when the bumper cars are sold.
Explanation:
The International Financial Reporting Standard (IFRS) 15 specifies when revenue from contracts with customers should be recognized. This standard is equivalent to the US Accounting Standard Code 606.
Answer:
False
Explanation:
The statement is false: because
As provided the doctors are identical and even there parents cannot differentiate properly and are mistaken sometimes.
As the doctors practice across the hall, that is the same place, any customer if there is an increase in fee of Doctor 1 will substitute his doctor, into another, as both are common with knowledge, and practice.
This will lead to fall of customers or patients at a change of fees, to another doctor.
Thus the price elasticity of demand is infinite, as all customers might be loosed.
Therefore, the statement is false.
Answer:
C) standing to sue
Explanation:
standing to sue -
In terms of law , it is the requirement where a person brings a suit to be the proper party to request the adjudication of an issue .
This test is put when a party had a personal stake during the outcome of a controversy presented .
Hence from the data of the question , the correct answer for the statement given is , C) standing to sue
Answer:45 percent
Explanation:
saving account before transfer=$7870
Saving account after transfer=7870+6456=14326
Percentage increase=(14326-7870)/14326 x 100
Percentage increase=6456/14326 x 100
Percentage increase=0.45 x 100
Percentage increase=45