Business, 15.07.2019 23:30 matthew6889

Gil is a baxley co. salesman desperate to make quota by the end of 2018. on the afternoon of december 31, 2018, he convinces a longtime customer with excellent credit to sign a contract to accept delivery of baxley co.’s widgetron deluxe. gil promises the customer a deep discount off the list price that they can ‘hash out later’ if the customer is 100% happy with the product. gil does not tell the customer that the company’s policy in such cases is to offer the maximum discount of 30%. the customer states he will have to consult an astrologer and a groundhog to determine if he is happy with the product. gil oversees the delivery that evening of the widgetron deluxe. should the revenue from this sale be recognized in 2018? why or why not?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 23:00

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

Answers: 2

Answer

Business, 22.06.2019 03:00

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.

Answers: 2

Answer

Business, 22.06.2019 11:30

(select all that apply) examples of email use that could be considered unethical include denying receiving an e-mail requesting that you work late forwarding a chain letter asking for donations to a good cause sending a quick message to your friend about last weekend sending your boss the monthly sales figures in an attachment setting up a meeting with your co-worker sharing a funny joke with other employees

Answers: 2

Answer

Business, 22.06.2019 18:00

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan

Answers: 2

Answer

You know the right answer?

Gil is a baxley co. salesman desperate to make quota by the end of 2018. on the afternoon of decembe...

Questions