Answer:
June 30
Explanation:
As per the revenue recognition principle, the revenue is recognized when it is earned or realized that means service is performed but the payment is not made at the time of providing the service.
It is not get impacted when will be the cash received.
So, in the given case, the large sale is made on June 30 and on June 30 the revenue would be recognized.
The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means <em>more goods will be imported</em> from New Zealand.
Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.
With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.
Therefore, the correct answer is option D
Read more about trade deficit here:
brainly.com/question/24473707
Answer:
Foster Inc.'s assets will decrease by a net amount of $30,000.
The Company's liabilities will increase by $30,000.
Explanation:
The price of the assert is $5,000 + $30,000 = $35,000
this means that the company's fixed assets will increase by $35,000, but since cash is decreasing by $5,000, the net change will be only $30,000
the amount of the loan = $30,000
this means that the company's liabilities will increase by $30,000
Answer:
Reorder point = (weekly demand * lead time) + (Z * standard deviation * √lead time) = (294 * 10) + (2.326 * 90 * √10) = 2,940 + 661.99 = 3,602 units
Old safety stock = Z * standard deviation * √lead time = 662 units
new safety stock = 331
331 = Z * 90 * √10
Z = 331 / 284.60 = 1.163
Using Normal distribution function, the new confidence interval is 87.76%
Answer:
Answer:
Growth rate (g) = n-1√(<u>Latest dividend)</u> - 1
Current dividend
= 4-1√($2.49/2.20) -1
= 3√(1.1318) -1
= 1.04 - 1
= 0.04 = 4%
Ke = Do<u>(1 + g) </u> + g
Po
Ke = $2.57(<u>1 + 0.04</u>) + 0.04
65
Ke = 0.04 + 0.04
Ke = 0.08 = 8%
Explanation:
In this case, we need to calculate the growth rate using the above formula. Then, the cost of equity will be calculated. Cost of equity is a function of current dividend paid subject to growth rate divided by current market price.
Explanation:
