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erica [24]
3 years ago
9

Pedro agreed to repair a house for a client and started to work on December 30, 2016. On January 2, 2018, he completed the job a

nd received payment from the client. Pedro must record the income in:
Business
1 answer:
Jobisdone [24]3 years ago
7 0

The income should be recorded in 2018 when the income is received by Pedro.

<u>Explanation:</u>

Revenue ought to be get recorded when the entire business has managed to earn the income. This is a key idea in the collection premise of bookkeeping since income can be recorded without really being gotten. Incomes are acknowledged or feasible when an organization trades products or administrations for money or different resources.

Since in the question above, the income was received in the year 2018 even though the work was done in the year 2016, the person will not get his income in 2016. He will record his income in 2018.

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Risk pooling is a strategy that attempts to use fewer warehouses to decrease the required safety stock levels since the negative
shepuryov [24]

Answer: (A) True

Explanation:

    Yes, the given statement is true that the risk pooling is one of the type of strategy which basically helps in explaining about the demand variability and also decrease the aggregate demand variance in the market.

 The main objective of the risk pooling is to maintain the inventory stock level and also avoiding the out of stock situation in the management.

By using the risk pooling strategy the various types of warehouse and companies are reduce the level of safety stock in the supply chain management and also transferring their risk to another organization such as insurance company.

 Therefore, the given statement is true.

6 0
3 years ago
The next dividend payment by Im, Incorporated, will be $1.87 per share. The dividends are anticipated to maintain a growth rate
Makovka662 [10]

The answer is 9.35%.

The required rate of return (RRR) is the minimal return an investor would accept for owning a company's shares in exchange for a certain amount of risk. In corporate finance, the RRR is used to assess the profitability of proposed investment projects.

The RRR is a subjective minimal rate of return; this implies that a retiree will have a lower risk tolerance and hence accept a lesser return than a fresh college graduate with a larger stomach for risk.

Required return=(D1/Current price)+Growth rate

                        =(1.87/37)+0.043

                        =0.0505405405+0.043

                        =9.35% (Approx)

Hence, the required rate of return is 9.35%.

To know more required rate of return click here:

brainly.com/question/24301559

#SPJ4

4 0
2 years ago
Examples of services are _____.<br><br> dentists<br> childcare<br> newspapers<br> personal computers
motikmotik

Personal computers

Sentence:

Examples of services are personal computers.

6 0
3 years ago
Mr. smythe, a wealthy businessman who made his fortune in the oil industry, understands the importance of a college education, s
morpeh [17]
The above is a case of ty philanthropy. Philanthropy has recognizing attributes isolate from philanthropy; not all philanthropy will be magnanimity or the other way around, however, there is a perceived level of cover by and by. A distinction usually referred to is that philanthropy means to assuage the torment of a specific social issue, though generosity endeavors to address the main driver of the issue—the contrast between the notorious endowment of a fish to a ravenous individual, as opposed to showing them how to angle.
4 0
4 years ago
Erin works at a financial Institution. She has offered a housing loan to a customer. While carrying out the transaction, which l
disa [49]

Answer:

D. Ensure that she credits the loan amount accurately to the customer's account.

Explanation:

Financial institutions are companies that offer a wide range of monetary and financial services to various customers. The financial institutions include; commercial banks, brokerage firms, investments firms and currency exchange companies. The services offered are; cash deposits and withdrawals, loans, investment services and currency exchange services.

These services can be offered to individuals or even companies that might need a wide range of financial services. In order for these services to be conducted in an orderly fashion, the services offered have to be regulated. This means that the service providers and the customers have to operate within a legal threshold. A knowledge of the legal responsibility of each party is therefor important in these type of environment.

In our case, the legal responsibility of Erin who works as a representative of the financial institution would be to ensure that she credits the loan amount accurately to the customer's account since Erin had already approved the customer's housing loan.

5 0
3 years ago
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