Answer: Control over goods or services has been transferred from the seller to the customer.
Explanation:- Companies recognize revenue only when control over goods or services has been transferred from the seller to the customer. Revenue can only be said to be recognized by organizations when goods or services have been moved from the producers to the sellers.
Answer:
you are the boss you keep all the profits startup costs are low
I'm pretty sure they are operating expenditures because the government runs on taxes.
Hope this helps!
Answer:
$350 million
Explanation:
the formula for calculating GDP is consumption + investment + government spending + net exports, since apparently this is a closed economy with no exports or imports, the formula should be:
GDP = C + I + G
- GDP = $1,330 million
- C = $700 million
- I = $280 million
G = $1,330 - $700 - $280 = $350 million
The answer is his wealth, by knowing the person's wealth, you may be able to identify in which part or class of Bobby is in because you can identify whether he is in the lower, middle or higher class depending on his wealth or the money that he has or owns.