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shtirl [24]
3 years ago
15

On Time Computer Repair uses accrual basis accounting. A computer was repaired on July 15. The customer picked up the computer A

ugust 1 and mailed the payment on August 5. On Time Computer Repair receved the check in the mail on August 10. The revenue should be recognized on which date? Multiple Choice (0) July 15 (0) August 1​
Business
1 answer:
Morgarella [4.7K]3 years ago
3 0

Answer:

July 15

Explanation:

Accrual accounting recognizes income on the date an invoice is created not when it is paid.

Cash accounting recognizes income on the date when the payment is received.

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Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organizati
Advocard [28]

clarify positions and reporting relationships within the firm will be Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart.

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A consulting firm is an organisation made up of specialists in a certain area who provide firms with problems they can't handle internally with expert advice, direction, and workable solutions. Every business will inevitably run into issues, and consulting firms are hired to help.

Executives typically contact consulting companies to send consultants—industry experts who are sent to watch and assess a company's operations. Consultants provide direction and practical answers to whatever issues the organisation may be facing. Companies use consulting firms to provide their knowledge on issues that cannot be resolved internally. These firms typically have specialised areas of emphasis.

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8 0
2 years ago
When might you expect a manager to offer a gentle reminder about hand washing?
Oksi-84 [34.3K]
The answer to the question really depends on the nature of the business or the company.

Let us take for example, a food chain. The crews in this business are always reminded of the importance of washing of hand in order to avoid the occurrence of an event wherein the food being served to the customer might get contaminated. 

On the other hand, if the business and the position of the subject matter does not involved handling food or other materials then, it may be acceptable for them and the manager need not remind the employees anymore. 
3 0
3 years ago
Read 2 more answers
If you are deciding between the career of planning aide or eligibility interviewer, what might be a key factor in your decision?
Westkost [7]

Can you imagine yourself doing this for the rest of your life? Is this what I’m truly passionate about? Will I be able to life off this income?

8 0
3 years ago
Durable ceramics, inc., provides inexpensive ceramic tile to builders of institutional buildings such as schools, prisons, and p
anzhelika [568]

Answer:

d. cost-less will go out of business, and durable will gain higher power over its customers.

Explanation:

Durable ceramics, inc will only reduce its prices if this is to its advantage. We live in a capitalist world where companies make decisions based on their own benefits. In this case, in order for Durable ceramics, inc to lower its prices and have no losses, it would expand its sales. In this way, Durable ceramics, inc would be able to capture customers from its competitors, and could make them go bankrupt.

Thus, we can conclude that if Durable ceramics, inc reduced its prices, Cost-Less would go out of business and Durable would gain greater power over its customers.

5 0
3 years ago
10 points eBookItem 17Item 17 10 points Stock in Daenerys Industries has a beta of 1.01. The market risk premium is 10 percent,
kykrilka [37]

Answer:

12.12%

Explanation:

The computation of the best estimate of the company cost of equity is as follows;

The required rate of return as per CAPM Is

= Risk free rate of return + beta × market risk premium

= 3% + 1.01 × 10%

= 13.1%

Now

Dividend growth model (r) is

=(($1.60 × 1.06) ÷ $33) + 0.06

= 11.14%

Now the best estimate would be

= (13.1% + 11.14%) ÷ 2

= 12.12%

3 0
3 years ago
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