Answer:
Under the accrual basis, it should recognize $1,000,000 as property tax revenue for the year 2019. The remaining $45,000 that it does not collect in year 2019 will be accounted for as Property Tax Receivable while the $5,000 will be recorded as Uncollectible Expense in 2019.
Explanation:
The accrual concept or basis of accounting requires that all revenues and expenses relating to a fiscal year be recognized in that accounting year. It is not only the actual cash receipts and payments that should be recognized. This means that any revenue that is due but not yet received will be accounted for in the year that the revenue arises. And all the related expenses for raising the revenue will also be accounted for in the same year.
Answer:
The correct answers are letters "B" and "D".
Explanation:
The global service system of Theo Chocolate provides a great opportunity for some of its staff to get a <em>deeper insight into how the company's different markets work</em>. Operations in different regions include coping with different cultures which also include talking about different people and consumer patterns. Thus, all this information can be collected by the employees who are sent for one year to work in those regions.
Furthermore, chances of <em>diversification chances may appear in spotting the opportunities</em> of Theo Chocolate in foreign markets. The organization must ensure that the members sent for the exchange experience are well trained to get the most out of the global service program.
Answer:
6.4 minutes
Explanation:
Average small tool per day = 445
working hours = 8 so that is 8*60 = (480 minutes)
Waiting time =
![\frac{[445*(\sqrt{1} )]}{[2*[480-(445*1)]]}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B445%2A%28%5Csqrt%7B1%7D%20%29%5D%7D%7B%5B2%2A%5B480-%28445%2A1%29%5D%5D%7D)
(image of the operation on the attach file)
=[445]/[(2*35)]
=445/70
=6.357 minutes
