A long-term contract that includes many products and services that are capable of being distinct, may be accounted for as a single performance obligation because: the seller customarily does not sell them separately. the seller's role is to combine those products and services prior to delivery or completion. they are specified in a single explicit contract.
Answers
A long-term contract with many distinct products and services can be accounted for as a single performance obligation because:
1. The seller customarily does not sell them separately: This means that the seller typically offers these products and services together as a bundled package, which indicates that they are interrelated and should be accounted for as one performance obligation.
2. The seller's role is to combine those products and services prior to delivery or completion: If the seller is responsible for integrating the different components of the contract into a combined output, it shows that these products and services are part of a single performance obligation, as they contribute to a single, unified outcome for the customer.
3. They are specified in a single explicit contract: If all the products and services are listed and agreed upon in a single contract, it suggests that they are part of one performance obligation, as the parties have negotiated and agreed to their provision as a complete package.
In conclusion, a long-term contract with many distinct products and services may be accounted for as a single performance obligation because the seller does not customarily sell them separately, their role is to combine those products and services, and they are specified in a single contract.
Long Term Contract: What Is It?
A legally binding agreement between two or more parties that establishes the terms and circumstances of their connection for a long time is known as a long term contract. Any willing parties to the agreement can enter into a long-term contract across a wide range of businesses.
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Related Questions
true or false? a market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.
Answers
A market-share pricing objective is often used when a firm needs to reach an economy-of-scale point.
The above statement is true
What do you mean by market-share pricing objective?
Sales-oriented pricing goals try to increase sales or market share. A volume growth is assessed in relation to a company's own sales across particular time frames. A company's market share compares its revenues to those of other businesses in the same sector.For every business, the goal of pricing is to establish a price that is fair to both consumers and the producer in order for both to thrive in the market.The goal of a marketing plan is to have a clear path to follow in order to acquire new clients, improve connections with existing clients and consumers, boost sales, increase retention, and raise brand awareness.To know more about Economy here
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ntdSraacmdneorPafer difinition
Answers
Answer:
what is the questions word
Explanation:
influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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When is it appropriate to use a nontraditional résumé?
Answers
Answer: Nontraditional resumes are ideal for job seekers in particularly creative industries, such as marketing and design. More specifically, online resumes are helpful for applicants who want to post films, sound clips, photographs, or other pieces of work related to their industry.
Explanation:
rooney services company has 70 employees, 31 of whom are assigned to division a and 39 to division b. rooney incurred $420,700 of fringe benefits cost during year 2. required determine the amount of the fringe benefits cost to be allocated to division a and to division b.
Answers
A cost of $6010 per employee B a cost of $163310 $234390. Fringe benefits are any non-wage payments or benefits offered by employers to members of staff, such as public pensions, income schemes, overtime pay off.
including existence, medical, and income support training programmes.
Given that, the cost of perks and benefits over two years was $420,700, and 31 workers worked in division A.
39 personnel are employed in division B.
(a) Allocation rate: = Total cost to be assigned Cost driver = $420,700 70 = $6010 per employee.
(b) The cost allocated to A is calculated as follows: Division Allocation Rate Weight of Base (Number of Employees) = $ 6010 31 = $186310.
Cost allocated to B is calculated as follows: Division Allocation Rate Weight of Base (Number of Employees) = $6010 39 = $234390.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
Answers
A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requires that the platform be dismantled and removed at the end of its useful life, which is estimated to be 10 years. The company estimates that the cost of dismantling the platform will be $20 million. The discounted value of the liability is $9 million using the company's credit-adjusted, risk-free rate. The company has already capitalized the $400 million construction cost of the platform. What amounts should the company record as liability and expense when the asset is placed into service
Answers
Answer:
b. Liability, $9,000,000; expense, $0.
Explanation:
An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations
Here the $9,000,000 million represents the liability
Also the journal entry is
Asset Dr
To liability
(Being the asset placed is recorded)
There is no expense should be recorded in the income statement
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Analyze a business owner’s decision making regarding whether to enter a market. For example, what factors determined the driver’s market entry and exit in the simulation? Use economic models to support your analysis.
Answers
In analyzing a business owner's decision-making process regarding market entry, several factors come into play.
Economic models can provide insights into the considerations and rationale behind such decisions. Let's apply these models to the example of a driver's market entry and exit in a simulation.
Cost-Benefit Analysis: A fundamental economic concept, cost-benefit analysis, plays a crucial role in market entry decisions. The driver would assess the potential benefits of entering a new market, such as increased customer base and revenue, against the associated costs, including initial investments, operational expenses, and market risks. If the expected benefits outweigh the costs, market entry becomes more attractive.
Supply and Demand: Market dynamics, driven by supply and demand, influence the decision-making process. The driver would evaluate the demand for their services in the target market, considering factors like population, demographics, and consumer preferences. They would also assess the level of competition and the supply of similar services to determine their market potential and the viability of entry.
Market Structure: The driver would analyze the market structure to understand the level of competition and market power. Competitive markets may require a unique value proposition or competitive advantage to succeed, while monopolistic or oligopolistic markets may provide opportunities for differentiation or pricing strategies. The driver's analysis would consider factors like barriers to entry, market concentration, and potential market share
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If gas costs $3.05 per gallon and you purchase 18.875 gallons, how much will you spend?
Answers
Answer:
You will spend about 57.57 gallons (57.568 to be exact)
Explanation:
Multiply $3.05 with 18.875 gallons to get the total
Answer:
6.18
Explanation:
one gallon= $3.05
gas in 18.875 gallons= 18.875 /3.05
= 6.18
Given this option chain, if you wanted to trade a short put with a delta near -.30, which strike would you choose
Answers
To trade a short put with a delta near -.30, you would need to analyze the option chain and identify the strike that has the closest delta value to -.30.
Delta measures the rate of change in the option's price relative to the underlying asset's price movement.
First, locate the put options in the option chain. Put options give the holder the right to sell the underlying asset at a specific strike price. Look for the delta values associated with each put option, which indicate the estimated change in the option's price for a $1 change in the underlying asset's price.
Calculate the absolute difference between each put option's delta and -.30. Find the strike where the absolute difference is the smallest, as this strike would have the delta closest to -.30.
For example, let's say the available put options have the following deltas: -.28, -.32, and -.26. Calculate the absolute difference for each:
|-0.28 - (-0.30)| = 0.02
|-0.32 - (-0.30)| = 0.02
|-0.26 - (-0.30)| = 0.04
In this scenario, the strike with a delta of -.32 has the smallest absolute difference (0.02), making it the closest to the desired delta of -.30. Therefore, you would choose the put option at that particular strike.
However, remember that delta is not the sole factor to consider when trading options. Other parameters like time to expiration, implied volatility, and your risk tolerance should be carefully evaluated to make informed trading decisions.
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molly shot 20 baskets in 4 mins.... Nico shot 42 baskets in 6 min.... how many more baskets did nick shoot per min..
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Nico - 42/6
Now, lets do cross multiplication.
20/4 = x/1 42/6 = x/1
4(x) = 20(1) 6(x) = 42(1)
4x=20 6x = 42
4x/4 = 20/4 6x/6 = 42/6
x=5 x=7
Therefore, Nico shot 2 more baskets per minute than Molly.
Which step directly follows "loss of jobs” in the stagflation cycle?
Answers
Answer:
fewer items produced
Explanation:
Answer:
D
Explanation:
Suppose that workers in the United States can produce 40 computers or 20 tons of coffee in a particular period. Suppose workers in Brazil can produce 30 computers or 10 tons of coffee in the same period.
a. What is the opportunity cost for computers and for coffee in each country?
b. Which country has a comparative advantage in the production of computers, and which has a comparative advantage in the production of coffee?
c. Choose terms of trade that would make both countries better off.
Answers
For US the opportunity cost of coffee is 0.5 and computer is 2, for Brazil, the opportunity cost is 0.3 for coffee and 3 computers
Brazil has comparative advantage in computer, US has in coffee.
The nations would be better off if they exchanged within their opportunity costs.
a. How to solve for the opportunity costThe US must stop producing 20 tons of coffee in order to produce 40 computers. Therefore, the US must stop producing 20–40 tons of coffee in order to build only one computer. Computer opportunity cost in the US = 20/40 = 0.5 tons of coffee
Opportunity cost = 1 / 0.5 = 2 computers
Brazil must stop producing 10 tons of coffee in order to build 30 computers. Therefore, Brazil would have to stop producing 10 or 30 tons of coffee in order to build one computer. In Brazil, the opportunity cost of a computer is 10/30, or one third a ton of coffee.
1/ 0.3 = 3 computer
b. Brazil is believed to have a comparative advantage in the manufacture of computers, but the US has a comparative advantage in the production of coffee, due to the lower opportunity cost of making computers there than in the US.
c. The terms of trade has to be between their opportunity costs. a ton of coffee has to be exchanged with 2.5 of computers.
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How do any of these life decision problems
Answers
Answer:
baseially you are putting in a person is affecting your life. you come up with a solution. write a postive way to solve it then right a negavitve way to solve it. then write when you are going to solve your problem. then the steps that are needed.
What should be included in all career objectives? interest in new challenges, relevant skills, technological expertise interest in a specific position, relevant skills, benefit to employer interest in a specific field, relevant skills, salary expectations interest in new knowledge, relevant skills, salary expectations
Answers
Answer:
B. interest in a specific position, relevant skills, benefit to employer.
Explanation:
Career objectives can be defined as an optional part of a curriculum vitae (resume) used by job applicants to give a brief description about their interest in a specific position, relevant skills, experience and potential benefits to an employer.
In order to increase your chances of being invited for a job interview, it is advisable that you include a clear career objective in your resume so as to make it compelling and convincing to hiring managers.
As a job applicant, what you should include in all career objectives is an interest in a specific position, relevant skills, and benefit to employer because it is one of the sections to be noticed first.
Generally, career objectives should be limited to a maximum of two or three lines of text or sentences and typed at the top of a resume, just below your contact information and name so as to quickly catch an employer's attention.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
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It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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correct answer please!
pag tama brainliest ko!
Answers
Answer:
1. radish, vinegar, spices
2. cucumber, vinegar, herbs
3. ripe mangoes, vinegar, chopped herbs
4. sweet potatoes, vinaigrette, nuts
5. arugula, vinaigrette, oranges
What is the primary purpose of incident investigation?
A. To determine the direct and root causes of the incident
B. To disturb physical evidence
C. To find fault
D.To satisfy the insurance company
Answers
PLEASE HELP, MUST GET RIGHT NOW!
→Define Production trade-offs.
(in Economics)
*Understandable definition*
Answers
\(Question\)
→Define Production trade-offs.
(in Economics)
Answer:
In economics, a trade-off is defined as an "opportunity cost." For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day's wages as the cost for that opportunity.
Hope this helps!!
-xXxAnimexXx-
On March 2, 2021, Finch City issued ten-year general obligation bonds at face value, with interest payable on March 1 and September 1. The proceeds were to be used to finance the construction of a civic center over the period April 1, 2021, to March 31, 2022. During the fiscal year ended June 30, 2021, no resources had been provided to the debt service fund for the payment of principal and interest. On June 30, 2021, Finch’s debt service fund should include interest payable on the general obligation bonds for __________.
Answers
Answer:
zero ( 0 ) months
Explanation:
Finch's debt service funs should include interest payable on the general obligation Bonds for zero ( 0 ) months
Given that the general obligation bond was issued on March 2 2021 the interest payable on March 1 2021 will not be Included on June 30 2021 Finch's debt service fund. since that date marks the end of the fiscal year ( 2021 ) and the bond was issued beyond that date and no resource have been provided as well.
Which completes the equation?
O + A + Consideration (+______) = K
Legal capability
Legal capacity
Legal corporations
Legal injunction
Answers
"Legal capacity" is the final term that completes the equation.
What is the full legal age?What a person is legally capable of doing depends on the rules and regulations of the legal system. It is a fiction with no underlying reality that every legal system uses to establish a relationship with its constituents.
What does the legal competence to contract mean?A party has the legal authority to enter into a contract if they have the capacity to do so. Capability also implies that a person must be legally competent. A person's ability is determined by two factors: whether they are of legal age to enter into contracts and if they are mentally able to do so.
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the table spring water shows the demand and cost data for a firm in a monopolistically competitive industry producing drinking water from underground springs. at the profit-maximizing output, profit per unit is: group of answer choices $11.75. $10.00. $8.83. $1.17.
Answers
The profit-maximizing output for a firm in a monopolistically competitive industry occurs at the point where marginal revenue equals marginal cost. The answer to the question is $11.75.
Looking at the table for the firm in question, we can see that at an output of 8, the marginal revenue is $9.00 and the marginal cost is $7.25. Therefore, the firm will produce 8 units of drinking water.
To calculate the profit per unit, we need to subtract the average total cost (ATC) from the price. At an output of 8, the price is $18.00 and the ATC is $6.25.
Therefore, the profit per unit is $11.75 ($18.00 - $6.25).
Therefore, the answer to the question is $11.75.
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how to get stimulus check 2021 if you didn t file taxes
Answers
Answer:
you may need to file a 2020 tax return even if you don’t traditionally file.
Explanation:
This FAQ can help you understand how the system works and what you can do to claim any stimulus that you may be eligible to receive.
What is the effective rate of interest if $1,000 compounds to $1,331 in 3 years? The effective rate of interest, if $1,000 compounds to $1,331 in 3 years is b
Answers
Answer:
The answer is "10".
Explanation:
Given:
T= 3 year
P= $ 1000
A= $ 1331
R=?
Formula:
\(\bold{A= P(1+r)^t}\)
\(\Rightarrow 1331= 1000(1+\frac{r}{100})^3\\\\\Rightarrow (1+\frac{r}{100})^3=\frac{1331}{1000}\\\\\Rightarrow (1+\frac{r}{100})^3=(\frac{11}{10})^3\\\\\Rightarrow (1+\frac{r}{100})=(\frac{11}{10})\\\\\Rightarrow \frac{r}{100}=\frac{11}{10}-1\\\\\Rightarrow \frac{r}{100}=\frac{11-10}{10}\\\\\Rightarrow \frac{r}{100}=\frac{1}{10}\\\\\Rightarrow r=\frac{1}{10}\times 100\\\\\Rightarrow r=10\\\\\)
Which is an example of a pun that could be included in a book about space?
Answers
Answer:
When writing about planets, my favorite key on the keyboard is the space bar
Explanation:
btw can i plz get brainliest
match 5 source documents to their subsidiary books
Answers
Which of the 4 P's focuses on communicating the value proposition?
Answers
Answer: The marketing mix is most commonly executed through the 4 P's of marketing: Price, Product, Promotion, and Place.
Explanation:
Whats your favorite Song guys
Answers
Memories by Maroon 5. I love this song.
In 2016, Armenia had a real GDP of approximately $4.21 billion and a population of 2.98 million. In 2017, real GDP was $4. 59 billion and population was 2.97 million. From 2016 to 2017, Armenia's standard of living
A) decreased.
B) increased.
C) did not change.
D) might have increased, decreased, or remained unchanged but more information is needed to determine which.
Answers
From the year 2016 to 2017, Armenia's standard of living increased. This is because the GDP increased. The correct option is B.
What is GDP?GDP refers to Gross Domestic Product, which is the value of all goods and services generated within a country's borders during a specified period.
The following formula is used to determine GDP:
GDP = C + I + G + (X-M)
where, C stands for Consumption,
I stands for Investment,
G stands for Government spending,
X stands for exports, and
M stands for imports.
In this problem, we are given that the real GDP of Armenia was approximately $4.21 billion in 2016 and $4.59 billion in 2017, which indicates an increase in GDP. GDP is used to measure a country's economic growth or how well off the country is, therefore, it is an essential indicator of the standard of living.
Therefore, we can conclude that from 2016 to 2017, Armenia's standard of living increased.
Therefore, the correct option is B.
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