Answer:
The revenue recognition principle
Explanation:
The revenue recognition principle states that revenue should be recorded when services have been performed or products have been delivered to customers and not when cash is received for the service rendered
For example, if a supplier delivers 10,000 worth of goods to consumers in November and is paid for the goods in December. Revenue should be recognised in November and not December.
Answer:
8%
Explanation:
Calculation to determine the stated annual rate of interest on the bonds
First step is to calculate Semi annual coupon rate
Semi annual coupon rate= 400 ÷ $10,000
Semi annual coupon rate= 4%
Now let determine the Annual rate of interest
Annual rate of interest= 4% × 2 (Semiannually)
Annual rate of interest= 8%
Therefore the stated annual rate of interest on the bonds is 8%
C aggregate demand shocks
Play little or no role in the economy in the short run
Answer:
True
Explanation:
The United States has no single nationwide system of health insurance.
In the event that an employed worker's spouse loses his/her job to lay-off, the insurance premium financed by the active worker for this family coverage should provide basic health benefits to unemployed workers and their dependents because government does not provide for such category of active group except for senior citizens.
Health insurance is purchased in the private marketplace or provided by the government to certain groups. Private health insurance can be purchased from various organizations such as profit commercial insurance companies or from non – profit insurers.
Answer:
40%
Explanation:
The four firm concentration ratio calculates the concentration ratio of the 4 largest firms in an industry.
Four firm concentration ratio = 0.2 + 0.1 + 0.07 + 0.03 = 0.4 = 40%
