Answer:
March 31, 2020
Explanation:
The accrual accounting principle states that you must record transactions in the accounting periods in which they occur, and the conservatism principle states that revenues should only be recorded when the earning process has been substantially completed.
In this case, only March 31 fulfills both requirements, since the goods were delivered on that day: same accounting period + earning process completed.
Answer:
$11880
Explanation:
Given that:
In a local Honda Dealership;
Last year, your dealership earned a record profits of $1.5 million
according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors.
The Price Elasticity of demand E = - 4.5
Marginal cost of a midsized automobile = $11,000
Let assume that In your market, you compete against two other dealers
From The above given data , the objective is to determine the What price should you charge for a midsized automobile if you expect to maintain your record sales.
So; in order to achieve that ; we consider the scenario of an Oligopoly market by using the markup formula for homogeneous product Cournot Oligopoly which can be represented as:
P = 1.08 × 11000
P = $11880
Hence. the price you should charge for a midsized automobile if you expect to maintain your record sales is $11880
Option C
As a manager with D-Lighting Industries, part of Darius’ job is to make specific short-term decisions about what his department must do to achieve D-Lighting’s long-term success. Darius is involved in: tactical planning.
<u>Explanation:</u>
Tactical planning demands a company's strategic plan and establishes ahead specific short-term activities and ideas, regularly by the company board or function. Tactical planning is splitting up those intentions into practicable tasks that we can begin programming into our task management practice and schedule.
In the tactical phase, the market is acknowledging to paramount facts. Lower-level supervisors have a greater knowledge of day-to-day actions, and they are habitually the ones accountable for tactical planning. In trades and the managerial world, tactical decisions are quite common.
Answer:
1,030
Explanation:
Calculation for what is the exponential smoothing forecast value
Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)
Exponential smoothing forecast value = 1,000 + 0.3 x (100)
Exponential smoothing forecast value = 1,000 + 30
Exponential smoothing forecast value= 1,030
Therefore the exponential smoothing forecast value will be 1,030
