Answer:
a. they are separate performance obligations
normal price of annual membership = $1,140
one yer enrollment in yoga = $600 x (30% - 10%) = $120 x 50% = $60
total $1,200
% of price allocated to:
annual membership = ($1,140 / $1,200) x $1,100 = $1,045
discount voucher = $1,100 - $1,045 = $55
b. the journal entry should be
Dr Cash 1,100
Cr Unearned revenue, membership fees 1,045
Cr Unearned revenue, discount voucher 55
Answer:
B
Explanation:
Companies recognize revenue when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or services.
Answer: Copyright law
Copyright is security for tangible aspects of an idea. It is intended to give the creator of something original the ability to use and make money from it, without others being able to use it themselves. There are a number of limitations that do allow for a widespread use, they protect the derivatives of an idea also called intellectual property. Copyright tends to cover literary and artistic work e.g. books, movies. To get a better idea copyright is the reason you just can’t print and sell harry potter books or download pirated movies
Since the "<em>price profit"</em> app is an idea it is protected by the copyright law.
When the employees are inefficient the manager should take proper steps to improve the performance.
Explanation:
When Mohamed is seeing that his employees are not working properly ,he should take proper steps to uplift the performance that is, the manager should pay attention on the employee when they are facing problems,the managers should give clear feedback, the manager should understand the needs of the employees, the manager should provide proper technology as well as awards should be granted for better performance.
If these things Mohamed keep in mind then he will surely be able to deal with the situation.
