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Question - Dimacali received P60,000 advance payment of his fee in January. In February, ½ of the amount is already earned, and ¼ is still to be earned in March and ¼ is to be returned to the customer because it could no longer be earned. How much is the correct revenue?
P60,000 total earnings for January to March in either accrual or cash basis
P15,000 in March under accrual, when ¼ is actually earned
P60,000 in January under accrual basis
P45,000 in February under cash basis
the standard operating capacity of corona manufacturing co. is 1000 units. a detailed study of the manufacturing data
Consider an economy with two types of firms, S and I. What is the volatility of a portfolio that consists of an equal investment in: 21 firms of type S
Llamas Co. sold goods with an invoice price of P5,400,000 on January 1, 2020. Trade discounts were 20% and 10%. Terms were 5/15, n/45. Customer made a down.
a proposal factory expansion project has an expected has an expected net present value of 100000 with a standard
IAMBEST will be in the 46% marginal tax bracket for the next 35 years. What will be the before and after tax annual income for IAMBEST
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venetian corporation manufactures car stereos. it is a division of berna motors which manufactures vehicles. venetian
past experience has shown that the ending inventory for each month should be equal to 10 of the next months sales in
Explain the relationship between the costs of flexible and committed resources, usage of resources, cost behavior, and cost determination.
What type of measurement scale is being used in the situations - Musical scales
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Correct bank balance-May 31 1,400,000 Correct book balance-May 31 1,400,000. What is the adjusted cash balance on June 30
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