Answer:
hey what kind of watch is that in your profile pic
Answer:
C) efficiency
Explanation:
Efficiency is defined as the ratio between the inputs required to produce a certain amount of output. In other words, the more efficient the company is, the lower its average production costs.
An efficient company is able to produce more output using the same amount of inputs as other companies, or produce the same output using a smaller amount of inputs.
In this case, Trent Automobiles is just the opposite, their bad purchasing decisions led to higher costs which reduces their efficiency levels.
As a result of the discontinued operations loss, net of tax, the earnings per share would decrease by $2.24.
<u>Explanation:</u>
Change in EPS
= $1120000 ÷ 500000 outstanding shares
= $2.24.
Answer:
(D) An item from any year divided by the same item from a base year, multiplied by 100
Explanation:
To calculate the trend percentate you take the balance sheet of two or more years. Then you will assing the older as a base.
You will start dividing the balance of the other years for the base year and multiply by 100 so it is convert to %
for example if Account Receivable is Y1 5,000 Y2 8,000 and Y3 7,000
you will do:
8000/5000 x 100 = 160%
and
7000/5000 x 100 = 140%
Answer:
The correct option is C.
Explanation:
Based on<em> IFRS 15 Revenue from Contracts</em> <em>with Customers:</em>
- a contract is an agreement between two or more parties that creates enforceable rights and obligations.
- revenue is an income arising in the course of an entity's ordinary activities.
The recognition of income arising from the supply of garbage bins and cleaning services is<em> bona fide</em>, since the two services are in the company's ordinary activities.
- When the supply of the garbage bins took place, delivery took place and ownership has been transferred to the client, so Binz Company can recognize the income as earned.
- The contract for 5-year cleaning services has to be recognized over the service year in line with accrual principle in accounting.