Answer:
The company should recognize $2,000 in revenue.
Explanation:
The accrual principle in accounting states that revenues should match expenses. While the company received $5,000 in cash from the customer, in the current month, it will only have delivered $3,000 in products. In other words, it will only have incurred in the expenses necessary to deliver those $3,000.
For that reason, for the current month, the company will only recognize $3,000 in revenue, while the following month, it will recognize the remaining $2,000.
Answer:
Non whites, young and high school gradates.
Explanation:
- The US unemployment rate is about 5.9% and has decreased form 6.9% in 2020. Most of unemployment people are the youth and non whites and school pass outs.
Answer:
Annuity will be $33112.644
Explanation:
We have given future value ( FV ) = $4000000
Rate of interest r = 5% = 0.05
Number of periods n = 40
We know that future value is given by
Here A is annuity
So
So annuity will be $33112.644
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