What is the difference between direct and indirect benefits and costs?
What will be an ideal response?
Direct costs and benefits are those that (a) that are very likely to occur and (b) whose values are easily estimated (e.g., the additional revenue an organization can earn by selling e-learning modules it develops). Indirect benefits and costs are often less easily quantified because their occurrence may be less certain or because their value is more difficult to establish. Indirect revenue enhancements result from improvements in intermediate outcomes that could position the organization to be able to increase revenues. These may include outcomes such as an improved capacity to attract and retain higher-quality employees.
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What are convertible bonds and convertible preferred stock and how does U.S. GAAP and IFRS account for their issuance? Describe the accounting for conversion of convertible bonds and convertible preferred
The following information for Year 2 is taken from the accounts of Tuttle Company. The company uses the periodic inventory system.Inventory, December 31, Year 1$16,000 Purchases 80,000 Purchase returns and allowances 1,200 Purchase discounts 800 Freight on goods purchased under terms FOB shipping point 3,200 Freight on goods sold under terms FOB destination 1,600 Cost of goods sold 56,800 Based on this information, what is the inventory at December 31, Year 2?
A. $24,400 B. $55,200 C. $40,400 D. $38,800
What are the three areas that should be considered by potential entrepreneurs when starting a new business?
What will be an ideal response?
The _________________ pattern is a based on a class that helps to decouple the view layer from the business logic layer by receiving all input messages
Fill in the blank(s) with correct word