Answer: $390
Explanation:
Revenue for a merchandising business is realized when the business sells some of its goods to customers. This can either be in cash or on account which would mean that the customer did not pay cash but now owes them.
The business sold merchandise costing $350 for $390 on account so this is the amount that they will recognize as revenue.
The key to selecting options from a range of alternatives is the decision-making process. The optimal choice can only be made after carefully analyzing all the options. If there is only one way to carry out a particular performance, no decision needs to be made.
When Nikki arrived at the student parking lot, she parked in the very first spot that became available. She estimated that the first open space had a $5 premium over all other possibilities because she didn't want to miss her exam. In this case, optimization in differences is used because she evaluates the variation in net benefits among the options.
<h3>What is IBM decision optimization?</h3>
You can use prescriptive analytics capabilities provided by IBM® Decision Optimization, a family of optimization technologies, to help you make better decisions and provide better business results.
<h3>How do managers make better decisions?</h3>
Before managers take any advice on how to make better decisions, they must recognize how decisions differ. Decisions vary along two dimensions: control and performance. Control considers how much we can influence the terms of the decision and the outcome. And performance addresses the way we measure success.
Learn more about primary role of a manager is to make good decisions:
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Answer:
Blossom record $161,100 as cost of land.
Explanation:
Here, we are to calculate amount recorded as the cost of the land purchased by Blossom company.
We proceed mathematically;
From the question;
Calculation of land cost = cash payment + property tax value + Title and attorney fees + Grading cost
Cost of land = 150,000 + 5,200 + 2,000 + 3,900 = $161,100
Blossom record $161,100 as cost of land.
I think it is king maybe ☺
I believe it is called the ACT system.
The ACT stands for Automated Confirmation of Transactions. This system give the ability to <span> report and clear trades in the over-the-counter (OTC) and NASDAQ securities markets. Currently, the system is used in more than 6 million businesses all across the Globe.</span>