Answer:
Option A-The revenue must be recognized on 31 August.
Explanation:
The accrual concept says that the income must be recognized when they are earned not when the amount is received and expenses when they are incurred not when they are paid.
So according to accrual concept, the entity must deliver its share to recognize sales that is servicing the car. When the entity will service the car then it should recognize the revenue otherwise not. So in accrual basis accounting the date of payment is irrelevant for recognition of revenue and expenses.
Answer:
d. We do not have enough information to answer this question
Explanation:
We could say that maybe if the price lowers by pure law of supply and demand the consumers will consume more cups of coffe but for a more complete answer we need the elasticity of demand of that good (coffe), to be able to know in what quantity a change in the price would affect the demand and to know if the relation between the price and the units buyed are positive or negativa.
Any job that requires you to sell stuff. let's say, as a candy boy, you get trained for a few minutes. then tossed into the sea of people to sell chocolate. your supervisor does not expect you to adapt a robotic tone but instead encourages developing your own charismatic style to help you sell more. if you were to continue with this job you would eventually come up with your own way to captivate an audience and sell as many chocolates as you want.
Answer:
a. $47.3 billion
Explanation:
The computation of the current value of the firm is as follows;
Value of Equity = FCFE × (1+ g ) ÷ (ke - g)
= $2 billion × (1 + 0.03) ÷ (0.12 - 0.03)
= $22.89 billion
Now
Current Value of Firm = Market Value of equity + market Value of Debt
= $22.89 billion + $24.44 billion
= $47.3 billion
Hence, the current value of the firm is $47.3 billion
hence, the correct option is A.
