Answer:
May accrued revenue:
0 units delivered
April accrued revenue
166 units delivered at $15: 2,490
Explanation:
Cash proceeds:
March Request 166 units at $15 = 2,490
April Request 42 units at $15 = 630
<u>Accrual method:</u>
the accrual method will recognize revenue when it is earned, which in this case is represent by the delivery of the goods.
May accrued revenue:
0 units delivered
April accrued revenue
166 units delivered at $15: 2,490
Answer:
I think I should be systematic
Explanation:
proper planning entails being systematic.
Answer:
C. Trading Securities
Explanation:
Trading securities refer to those securities which are purchased not with the intention of holding them till maturity, but to realize the gains arising as a consequence of short term price movements.
Bonds refer to debt instruments issued by the borrower for raising long term finance whereby the borrower promised to pay fixed coupon rate of interest on timely basis and principal repayment upon redemption.
In the given case, bonds purchased with the intention of selling in the near future with an objective to benefit from short term price movements represent trading securities. The benefit would be in the form of short term capital appreciation.
Answer:
$86.67 is the profit maximizing price for the monopolist
Explanation:
In order to find the profit maximizing price for the monopolist using its price elasticity and marginal cost we have to use the formula
Price= Marginal cost* (elasticity/elasticity+1)
Marginal cost = $65.0065
Elasticity = -4
Price = 65.0065 *(-4/-4+1) = 65.0065*(-4/-3)= 86.67
Answer: Aggregate
Explanation: Aggregate demand is the sum of consumption expenditure, investment expenditure, government expenditure, and net exports.
Here is more information!!!: http://www.businessdictionary.com/definition/aggregate-demand.html