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What is a business merchandise loan?
a loan that is used only for opening or operating a business not for household or personal use. usually since they are for such a large loans they need to be secured with some sort of real state security, lets say taking a 1st mortgage if you have already paid it off or a 2nd if you have enough equity.
When would you recognize revenue regarding the following Leon's Furniture sells you a home theatre in January on a no money down no interest and no payments for one year promotional deal?
According to IAS-16 of IFRS(International Financial Reporting Standards) that home theatre sale would be recorded as revenue just at time of transfer of title(ownership) to the buyer,because buyer would be than considered as a debtor to the seller,as money has to be paid rathar at the time of sale or after one year of it . Since sale is recorded and debtor is recognized thus revenue is recorded.
Do you include Inventory parts in calculating current assets?
Yes, inventory has to be included in current assets since a compny can reasonably expect to convert to cash, sell, or consume it within one year of its normal operating cycle.
What time is opening bell on wall st?
Since September 30, 1985, the NYSE trading hours have been 9:30-16:00 ET on all days of the week except Saturdays, Sundays and holidays.
Is enterprise rent a car a fortune 500 company?
Technically, no. Since Enterprise Rent A Car is a privately held company, they are not ranked. However, as a $14.1 Billion dollar company (2011 Revenue) they certainly would be if list included family run private business.
What is the oldest reservoir in Singapore?
It would be the MacRitchie reservoir, which has been operating for 118 years as of 2014 since its opening in 1868.
Revenue allocation IN NIGERIA?
revenue allocation principle since independence
How much time has elapsed since the opening scene?
Approximately 5 years have elapsed since the opening scene.
Why does marginal revenue curve lie below the Demand curve?
Since Marginal revenue refers to the additional revenue earned by a monopolist by increasing the sale by 1 unit ( usually through lowering the price ), the additional revenue earned will always be less since there has been a drop in price.
The federal government's biggest single source of revenue is from?
Individual income tax is the federal governments biggest source of revenue. It has been the biggest source of revenue since 1950.
Why is unearned revenue a liability instead of a revenue account?
Unearned revenue accounts represent the amount of cash received before services are provided. Since services have not been provided yet, it is not revenue. (It represents the obligation for future services in order for the revenue to be earned.)
How long has JetBlue Airways been in business?
JetBlue Airways has been in business, originally operating under the name "New Air", since 1999. By the end of 2000, JetBlue had flown one million passengers and over $100 million in revenue.
How many years since the opening shot at Fort Sumter?
There has been 141 years, today (2012), since the opening shot at Fort Sumter.
Why the pulse has no frequency?
since the pulse is generated in one wave .....so.........
Why pulse has no frequency?
since the pulse is generated in one wave .....so.........
If absolute value of price elasticity is greater than 1 then why would an increase in price would lead to a decrease in revenue and a decrease in price will have the opposite effect?
Elasticity is defined as the percentage change in quantity for a given percentage change in price. If price goes up by 1% and quantity goes down by 2%, less revenue is generated, since (1.01*P)* (0.98*Q) < P*Q.
How much money did the original it make?
The original "It," released in 1990 as a miniseries, garnered significant viewership and became a cultural phenomenon, but it didn't have a traditional box office revenue since it aired on television. However, it is estimated that the miniseries generated around $14 million in advertising revenue. In contrast, the 2017 film adaptation of "It" achieved tremendous box office success, grossing over $700 million worldwide.
