Questions tagged 'Finance & Banking'
124 questions
Nov 19, 2024
Revenue is traditionally recognized in the accounting records when
When is revenue traditionally recognized in accounting records? a. When cash is received. b. When services are rendered. c. When it is incurred. d. None of the above.
Rocky guide service provides guided 1–5 day hiking tours throughout the rocky mountains. wilderness tours hires rocky to lead various
Rocky Guide Service provides guided hiking tours lasting from 1 to 5 days throughout the Rocky Mountains. Wilderness Tours hires Rocky to lead various tours that Wilderness sells. Rocky receives $2,40...
DFAS-IN IND, IN ARMY RC?
In December, I noticed two different deposits labeled "DFAS-IN IND, IN ARMY RC" in my account. I'm unsure what this designation means. If anyone has information about these deposits or can help clarif...
Fighting irish incorporated pays its employees $5,600 every two weeks ($400/day). the current two-week pay period ends on december
Fighting Irish Incorporated pays its employees $5,600 every two weeks, which breaks down to $400 per day. The current two-week pay period ends on December 28, 2018, during which employees will receive...
Nov 16, 2024
Is 1000 Yuan in China is a very small amount of money?I mean it can’t buy much thing?
Is 1000 Yuan a small amount of money in China? Specifically, what can this amount typically buy, and how does it compare to the average cost of living and expenses in the country?
Acquiring funds through borrowing represents:?
When we talk about acquiring funds through borrowing, which of the following terms best describes this process? Debt financing Venture capital Speculative capital Equity financing
Roman Industries’ plant operates five days per week with a daily payroll of $6,000. Employees are paid every Saturday for the workweek
Roman Industries operates its plant five days a week, with a daily payroll totaling $6,000. Employees are compensated every Saturday for the workweek just completed, which runs from Monday through Fri...
Nov 14, 2024
Financial managers should strive to maximize the current value per share of the existing stock because: Select one: a. doing so guarantees
Financial managers should aim to maximize the current value per share of existing stock for several reasons. Please select one of the following options: a. Doing so guarantees that the company will gr...
How did borrowing money encourage people to quit farming and move to the city?
How did the practice of borrowing money influence individuals to leave farming and migrate to urban areas? What factors contributed to this shift, and how did the availability of loans make city life...
Nov 12, 2024
Acompany produces two products. product a sells for $25, has variable costs of $15, and requires 2 machine hours to produce. product
A company produces two products: Product A and Product B. Product A sells for $25, has variable costs of $15, and requires 2 machine hours to produce. Product B sells for $35, has variable costs of $2...