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Papessa [141]
3 years ago
15

What is the general rule for recognizing revenues in governmental funds?

Business
2 answers:
kondaur [170]3 years ago
5 0
Revenues should be recognized when available and measurable.
miss Akunina [59]3 years ago
3 0
*Revenues should be recognized when available
and measurable.*
I got right but you can search more info on internet
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Which of the following factors affect the breakeven point for both absorption costing and variable​ costing? 1. Fixed​ (manufact
sertanlavr [38]

Answer:

B) 1. and 2.

Explanation:

Both variable costing and absorption costing are affected by fixed costs (both manufacturing overhead and administrative overhead) and contribution margin per unit.  

Cost absorption costs are also affected by production levels and the denominator level chosen to set the fixed manufacturing cost rate.

7 0
3 years ago
Charlotte is trying to measure her salon's productivity during the first quarter. For this period, she should divide ________ by
IRISSAK [1]

Answer:

the total salon services and products sold

Explanation:

Productivity can be regarded as ratio of output volume to that of the volume of inputs. It give the measurements of

production inputs efficiency, these input could be labour, capital. Productivity helps to know how these inputs are been used in production of given level of output in economy.

7 0
3 years ago
Athena Company provides employee health insurance that costs $15,400 per month. In addition, the company contributes an amount e
Vladimir [108]

Answer:

The entry to record accrued benefits would be a Debit to Employee Benefits Expense of $21,560

Explanation:

In order to calculate The entry to record the accrued benefits for the month we would have to calculate the following formula:

Accrued Benefits=  Health Insurance Cost+  (Gross Salary × Percentage Contributable)

Accrued Benefits=$15,400+($154,000×4%)

Accrued Benefits=$15,400+$6,160

Accrued Benefits=$21,560

The entry to record accrued benefits would be a Debit to Employee Benefits Expense of $21,560

6 0
3 years ago
When Would you need to use Rule 72 ?
Yanka [14]
The rule<span> says that to find the number of years required to double your money at a given interest rate, </span>you<span> just divide the interest rate into </span>72<span>. For example, if </span>you<span> want to know how long it will take to double your money at eight percent interest, divide 8 into </span>72<span> and get 9 years.</span>
8 0
3 years ago
Read 2 more answers
In​ 2018, Walmart reported sales of​ $500.3 billion, gross profits of​ $126.9 billion, EBIT of​ $20.4 billion, and net income of
Zina [86]

Answer:

$373.4

Explanation:

The cost of goods sold are the costs associated with the carrying value of the goods that were sold. In other words, it refers to the costs of the merchandise, the direct labor, the direct materials, and any other type of allocated overhead to the good.

When the cost of goods sold is substracted for sales revenue, we obtained the gross profits. Therefore, to find the answer, we simply write the following equation and solve:

Sales Revenue - Cost of Goods Sold = Gross Profits

500.3 - X = 126.9

500.3 - X - 500.3 = 126.9 - 500.3

-X = -373.4

Dividing each side by -1 we finally obtain:

X = 373.4

4 0
4 years ago
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