Answer:
D) only revenue is recorded each time a sale is made.
Explanation:
When a company uses a periodic inventory system, the cost of goods sold is calculated only after the physical inventory count is completed. This physical count is done periodically and may happen once every few months or even once a year.
The periodic system is obsolete nowadays and cheaper technological solutions make it easier for companies to use a perpetual inventory system which is much better in every possible way.
Answer:
Investor
Explanation:
A stock is a speculation. At the point when you buy an organization's stock, you're buying a little bit of that organization, called an offer. Investors buy stocks in organizations they think will go up in esteem. On the off chance that that occurs, the organization's stock increments in esteem also.
Investor is a person who purchase shares of a company in the market.
Answer:
Cash provided by operations is $250
Explanation:
<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>
<em />
Cash flows from operating activities
Net Income $180
<em>Adjustments to reconcile net loss </em>
<em>to net cash flow from operating activities</em>
Add: Depreciation $50
Add: Change in net current assets <u>$20</u> <u>$70 </u>
Cash provided by operations <u>$250</u>
You need to know how many hours it took these workers to make the rugs to determine the labor cost.
Answer:
CLV = [(GC * r) / (1 + i - r)] - AC]
Explanation:
CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.
The formula for CLV calculation is :
CLV = [(GC * r) / (1 + i - r)] - AC]
Where,
GC is annual gross contribution,
r is retention rate of customers
i is discount rate
AC is Acquisition cost
