Sun Corp sells merchandise to customers. Sun should normally recognize
a. Cash revenue only and the related expenses in the same accounting period as earned whether payment is received or not
b. Revenue when the cash is collected and the expenses when Mendes pays its creditor for the merchandise
c. Revenue and expenses after all payments are collected
d. Cash and credit revenue and the related expenses in the same accounting period as earned whether payment is received or not
d
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When a company starts an online trade, which aspect could limit their progress?
a. data privacy issues b. increasing competition c. productivity issues d. decreasing costs
Links Golf Course is planning for the coming golfing season. Investors would like to earn a 15% return on the company's $58,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $30,000,000 for the season. About 500,000 rounds of golf are expected to be played each year. Variable costs are about $15 per round of golf. Links Golf Course is a price-taker and will not be able to charge more than its competitors, who charge $78 per round of golf. Compute the operating profit that will be earned.
A) $1,500,000 B) $8,700,000 C) $76,500,000 D) $39,000,000
In a complex sales force structure, salespeople can be specialized by customer and territory; product and territory; product and customer; or territory, product, and customer
Indicate whether the statement is true or false
The essential benefit is the fundamental need met by a product.
Answer the following statement true (T) or false (F)