Settlement discount granted to creditworthy customers with a record of paying within terms in ifrs 15

The role of voluntary exchange in the transaction is to allow for the free exchange of goods or services.

The role of economic utility in the transaction is that consumer satisfaction with a product drives additional sales.

What is the best way to explain Market Economy and Voluntary Exchange?

A market economy is one that is based on capitalism, that is, one in which goods and services are freely exchanged on an open market. The value of the outputs is mostly determined by market interaction between producers and consumers, which is referred to as voluntary exchange. This brings us to one of the most important principles of a market economy: the principle of voluntary exchange.

The Voluntary Exchange Principle in economics is based on consumers and producers acting in their own self-interest; that is, a voluntary exchange between a consumer and a producer makes both parties better off than they were before the exchange.

Read more about Market Economy

brainly.com/question/11471834

#SPJ1

The removal of emotional feelings would be helpful because you woul be able to communicate your thoughts better and also use the language that is more appropriate in your speech.

Misunderstandings, strained relationships, and subpar business decisions may result from this. We should be conscious that emails can have a "tone" given that many of us must communicate via email and text. People will recall an email's emotional tone more clearly and for a longer period of time than its actual content.

Never send an email while feeling particularly emotional. Take a deep breath, then send it. Better yet, pick up the phone and have a straightforward conversation.

Read more on emails here; https://brainly.com/question/24688558

#SPJ1

Kali owe fiduciary duties in this transaction to no one.

What are fiduciary duties?

A fiduciary duty involves actions taken in the best interests of another person or entity. Fiduciary duty describes the relationship between an attorney and a client or a guardian and a ward. Fiduciary duties include duty of care, loyalty, good faith, confidentiality, prudence, and disclosure.

It has been successfully argued that an employee may have a fiduciary duty of loyalty to an employer.

Fiduciary duty is one of the highest and most respected obligations. Fiduciaries are paid to work. However, they are also tasked with the responsibility of being the eyes and ears of their client, working to secure the client’s desired outcomes without any promise of additional compensation for doing so.

Learn more about fiduciary duties here:
https://brainly.com/question/27871841

#SPJ1

When engaging in the analyzing the alternatives step of the rational decision-making model. A decision-making model defines how a group will make decisions. The most critical aspect of successful decision-making is that every team member understands how a specific decision will be made.

The four decision-making models differ in terms of how experienced or driven a decision maker is to make a choice (rational, bounded rationality, intuitive, and creative). Choosing the analyzing strategy will increase your productivity and capacity to perform all P-O-L-C functions. A vote or consensus on a course of action would be far more suitable. Use the Consult technique to make effective, educated conclusions while also gathering ideas and support without delaying decision making.

To learn more about decision-making, click here.

https://brainly.com/question/16407152

#SPJ1

The behavior is unethical as the overstatement in the figures is wrong.

Honesty, fairness, and equity in interpersonal, professional, and academic relationships, as well as research and scholarly activities, are characteristics of ethical behavior. Individuals and groups of people's dignity, diversity, and rights are all respected in ethical behavior.

Obedience to company rules, effective communication, taking responsibility, accountability, professionalism, trust, and mutual respect for coworkers.

In this case, for the past 10 years, the director deliberately overstated the labor and equipment needs by 20 percent when preparing the budget request. This is unethical.

In order to cut down the padding, there should be a final review on the budget before it's submitted for approval.

Learn more about ethics on:

https://brainly.com/question/13969108

#SPJ1

Answer: swimming pool

Explanation:

Answer:

Here are some ways to save on car insurance1

Increase your deductible.

Check for discounts you qualify for.

Compare auto insurance quotes.

Maintain a good driving record.

Participate in a safe driving program.

Take a defensive driving course.

Explore payment options.

Improve your credit score.

More items...

Explanation:

Answer:

f

Explanation:f

Among the given accounts, the one that will be closed by debiting the income summary account is the Depreciation Expense. The Option A is correct.

In accounting, an Income Summary Account refers to a temporary account used as part of the closing process. Before closing to retained earnings, the account should have a balance equivalent to the net income of the company for the period.

In this account, the net amount transferred into the income summary account equals the net profit or net loss that the business incurred during the period. So, shifting the revenue out of the income statement means debiting the revenue account for the total amount of revenue recorded in the period and crediting the income summary account.

Missing options "A. Depreciation Expense b. Accounts Payable c. Service Revenue d. Accumulated Depreciation

Read more about Income Summary Account

brainly.com/question/26252171

#SPJ1

It will take 15 years 10 months to reach the goal.

An ordi-nary annuity is an annuity in whi-ch the cash flows, or pay-ments, occur at the end of the period.

Solution :

The Fixed depo-sits are in the form of an ordinary annuity.

The Fut-ure Value of this Ordinary Ann-uity must be $207,819.47 ($250,000 - $42,180.53)

Thus find num-ber of years that the fixed dep-osits would amount to $207,819.47.

Using a Fina-ncial Calculator enter the follow-ing data to calculate the period, N.

PMT = $5,000

P/yr = 1

r = 12 %

FV = $207,819.47

N = ?

Thus the number of years, N it takes to  to reach your goal is 15.7921 or 15 years 10 months.

To know more about ordinary annuity click below:

brainly.com/question/14963095

#SPJ9

For implemented policies reflects the model of sustainable development when these policies met the necessary prerequisites to achieve balance between economic growth, social inclusion, and environmental protection. Then and only then will can it reflect the model of sustainable development.

As explained above, there are 3 primary pillars vital to the sustainable development model. The first and perhaps most discussed is economic growth for obvious reasons of providing for oneself and one's own family. This is the driving force of past development models. As global warming occurs, and the rapid deterioration of the environment, as well as massive global disasters in the past hundred years; people became increasingly aware of the dangers of not coexisting with nature and other creatures, will only result in their demise or worse.

Social inclusion, the necessity to include everyone to partake in the effort to get together and pursue sustainable development so that everyone could benefit. At this point, people realized that trying to save the environment and prevent global disasters require not just a handful of people, but the entire population of the planet. Social inclusion aims to educate and help others be aware of the dangers, working together to solve the crisis facing humanity, should there be no changes in the way the population of the planet consumes products, food, and create dangerous waste.

From then on, environmental protection became critical in saving the planet's ever-dwindling resources, wildlife from extinction, and damaging the environment from toxic products and wastes. The necessity to protect the planet from over-harvesting, over-exertion of humanity's capacity over the planet's other wildlife and ecosystems, and to preserve what's left for future generations; became the number one priority of nations around the world as scientists sound the alarm on the approaching yet preventable apocalypse.

In essence, the future is no longer just about exhausting non-renewable resources, piling up the planet with pollution, and leaving poorer countries to fend for themselves. Instead, the whole idea of the model of sustainable development relies on every single person to do their bid and help create sustainable development that would be able to support economic growth, yet controlling the amount of waste and finding means of creating less harm for the planet, and minimizing the environmental impacts in the hope of nurturing nature to be able to support flourishing wildlife once again; all of which would help future generations to survive and flourish.

#SPJ1

The organization appears to have an urgent need to expand into the UAE market. UAE, however, has its own distinctive characteristics that appear to be extremely dissimilar from Tesco's conventional markets.

The newest Tesco operation to launch is in the United Arab Emirates, where Choithrams has inked a contract to become the country's sole retailer authorized to offer the complete range of Tesco-branded goods. According to Craven, the Tesco product line is one of the largest on the planet, with around 45,000 items in total.

Effective supplier management: Tesco, a global retailer, collaborates with a variety of suppliers from nations with diverse cultures. Tesco was able to provide outstanding shopping experiences and high-quality items by effectively managing its suppliers.

Learn more about UAE here

https://brainly.com/question/10915342

# SPJ 1

In this scenario, Robin Hood agreed to provide 15 archery lessons to Little John for $2,500 beginning on June 1. However, before the lessons began, Little John assigned his right under the agreement to Sheriff Nottingham.

According to legend, Robin of Locksley is taking part in an archery competition where the winner will receive a golden arrow. The final shot from his rival finds the target. Taking a step forward for his final shot, Robin also strikes the bulls-eye, splitting the other player's arrow that was already on the target.

Generally speaking, the assignment of a contract involves the transfer of one party's rights and obligations under the contract to another party. If the contract allows for assignment, and the assignment is valid, the assignee (in this case, Sheriff Nottingham) steps into the shoes of the original party (Little John) and assumes all of their rights and obligations under the contract.

Therefore, if the contract between Robin Hood and Little John allowed for assignment, and Little John's assignment to Sheriff Nottingham was valid, then Sheriff Nottingham would have the right to receive the 15 archery lessons in exchange for the $2,500 payment.

Learn more about Robin Hood's archery here:

https://brainly.com/question/3254408

#SPJ2

The process by which an innovation's use spreads throughout a market group over time and among various categories of adopters is known as diffusion of innovation.

Typically, when businesses decide to develop new products, the process is lengthy and divided into stages?

There are four stages in a product's life cycle: introduction, growth, maturity, and decline. A product is just an idea, and in today's business world, it won't get any further unless it goes through research and development (R&D) and is found to be possible and potentially profitable.

Even though it varies by industry, it can be roughly divided into six stages: costing, sourcing, ideation, research, planning, prototyping, and sourcing. What to think about at each stage as you develop your own original product idea can be found here.

Learn more about develop new products here:

https://brainly.com/question/7035196

#SPJ4

FALSE the unemployment rate of the town is not 25%

It is 10%

Given

Unemployed people= 100

Total labor force = 1000

And,

Unemployment Rate = Unemployed / Civilian Labor Force

Therefore,

Unemployment Rate= 100/1000*100

Unemployment Rate= 10%

Thus unemployed rate is not 25%

What is Unemployment Rate?

The proportion of unemployed people in the labor force is known as the unemployment rate. As a result, figuring out who is employed is necessary for calculating the unemployment rate. People who either are working or jobless make up the labor force.

To know more about Unemployment Rate refer

https://brainly.com/question/27413958

#SPJ1

The current bond price of Vulcan Inc. given the coupon payments and par value is $900.35.

The current bond price can be found by discounting the coupon payments of the bond and the par value of the bond with the yield to maturity of the bond.

Coupon payments = percent coupon x par price

7.3% x 1000

0.073 x 1000 = $73

Current price of the bond = 73 / (1.093) + 73 / (1.093²) + 73 / (1.093³) + 73 / (1.093^4) + 73 / (1.093^5) + 73 / (1.093^6) + 73 / (1.093^7) + 1000 / (1.093^7) = $900.35

To learn how to determine bond price, please check: https://brainly.com/question/28960538

#SPJ1

Answer:

APR

Explanation:

Correct on Odyssey

To resize a whole image and keep the scale or aspect ratio, the correct procedure is : C. Use the drag option on the corners of the image.

Image resize can be defined as the process of changing an image size from the current size the image was into another size.

To change an image size and to keep the scale ratio of the image the best thing to do is to make use of the drag option and this drag option can be found at the corners of the image and then use the drag option to resize the image to any size of your choice.

Therefore the correct option is C.

Learn more about image resize here:https://brainly.com/question/27497778

#SPJ1

Answer:c

Explanation:

A tax paid by sellers shifts the supply curve, whereas a tax paid by buyers shifts the demand curve. The outcome is the same no matter who pays the tax.

Consumers pay more when a good is taxed, sellers get paid less, and there are fewer transactions overall. Sales tax is levied and collected by state governments on consumer purchases of products.

Tax incidence is the division of the tax liability between buyers and sellers. The tax incidence is determined by the relative price elasticity of supply and demand. The consumer bears the brunt of the tax burden when supply is more elastic than demand.

The demand curve shifts to the right if there is an increase in the quantity that consumers want to buy at a particular price. The demand curve will shift to the left whenever there is a change that reduces the amount that consumers want to buy at a particular price.

To learn more about tax

https://brainly.com/question/16423331

#SPJ1

Politics fits into the economy in the sense that government decisions about economics influence the lives of countries and citizens.

It corresponds to the set of governmental decisions about a country's economy that the rulers will take to establish some conditions for the country's economy, based on political objectives and goals.

Interest rates stipulated by the government, for example, are able to establish the amount of money in circulation, attract investment to the country and encourage private property.

When the government decides to reduce the basic interest rates of the economy, for example, this generates an increase in the circulation of currency in the country, to stimulate the economy, being an instrument of expansionary monetary policy.

Therefore, a country's economic policy is capable of stimulating or giving up economic production, having direct impacts on investments, inflation and the purchasing power of the population.

Find out more about economic policy on:

https://brainly.com/question/25197410

#SPJ1

A committee created for a specific short-term purpose is called a(n) task force

Generally, A committee is a collection of individuals chosen from a wider group to carry out a certain task. Governments, businesses, educational institutions, and political and religious groups all organize committees.

Task forces are the greatest option for the response. A task force is assembled to address a problem or clarify a complicated subject. It is not intended to endure forever. Instead, after completing its job, it will be dismantled.

A standing committee, incidentally, is one that has an endless lifespan. An ad hoc committee is one that is formed on short notice, perhaps to handle a particular problem or to fulfill an ongoing need.

An organic structure is one that develops spontaneously, as opposed to being deliberately created.

Read more about the committee

https://brainly.com/question/11621970

#SPJ1

CQ

A committee created for a specific short-term purpose is called a(n) __________.

a. task force

b. standing committee

c. ad hoc committee

d. informal group

e. organic structure

One of the most significant disadvantages of conducting a gap analysis or map is the loss of time and money. Typically, an organization will hire a consultant to conduct the assessment; however, participation takes valuable time away from project participants.

A gap analysis is a method of evaluating a business unit's performance to determine whether or not business requirements or targets are being met and, if not, what steps should be taken to meet them.

A gap analysis is also known as a needs analysis, a needs assessment or a need-gap analysis. Performing a skills gap analysis may increase your costs. This is due to the fact that employees frequently stop or interrupt their productivity while participating.

Learn more about gap analysis on:

https://brainly.com/question/10549036

#SPJ1

The percentage change in the value of the Russian rouble is -8.44%.

Exchange rate is the rate at which one unit of one currency would buy another currency. In this question, $1 would be 29 RUB on 2nd January 2009. Between 2009 and 2010, the Russian rouble has depreciated against the dollar because more RUB can be bought with the same unit of dollar.

Percentage is the rate of an amount expressed as a number out of 100, The sign that represents percentage is %.

Percentage change in value = -(value in 2010 / value in 2009) - 1

-(31.45 / 29) - 1 = -0.08448 = -8.44%

To learn more about exchange rate, please check: https://brainly.com/question/25780725

#SPJ1

The value of the holdings of Megahurtz International Car Rentals at year end is CA$176,923.08

The value of the holdings if the real went up against the dollar is $266, 667. 67.

The exchange rate before the real declined was:

= 270,000 / 200, 000

= 1.35 real per dollar

The new exchange rate after the Real declined was:

= 1.35 x 1.3

= 1.755 Real per dollar

The value of the holdings at year end in Real will therefore be:

= 270, 000 x 1.15

= 310, 500 Real

In Canadian dollar this is:

= 310, 500 / 1.755

= CA$176,923.08

The new exchange rate as a result of the Real increasing in value is:
= 1.35 x (1 - 16% increase in value)

= 1.134 Real per dollar

The value of the holdings at year end would therefore be:

= 270,000 x (1 + 12% earning)

= 302, 400 Reals

In Canadian Dollar this is:

= 302, 400 / 1.134

= CA$266, 666. 67

Find out more on the value of holdings at https://brainly.com/question/15352363

#SPJ1

The end result would be that he may be reimbursed for the surgical procedure at a reduced benefit level.

Patients are required to seek a second medical opinion after a doctor has advised them to undergo non-emergency or elective surgery, according to the second surgical provision opinion rule. Programs may be optional or required in that participants will not receive full reimbursement if they do not get the second opinion.

The provisions that deal with the policyholder's obligations include demands that they report a claim to the insurer within 20 days of a loss, provide evidence of the size of that loss, and update beneficiary information when things change.

To know more about health insurance, refer to the following link:

https://brainly.com/question/28389549

#SPJ4

Make-or-Buy Decision Making the Carrying cases would Be advised, assuming there were no better alternatives for using the extra capacity. Fixed overhead has no Impact on this choice of net income.

Alternative 1:

A. Create a carry case. $41.00

Alternative 2:

Obtain a carrying case $44.00

Alternative 2:

Various effects on net income ($3.00)

Make-or-Buy Decision:

A. Building a Differential Analysis

Differential analysis

Create a carry case. Obtain a carrying case

Alternative 1 & Alternative 2

Alternative 1 Alternative 2 Various effects on net income (Alternative 2)

Sales price

$0.00 $0.00 $0.00

Purchase Price

$0.00 $40.00 ($40.00)

Direct materials

$16.00 $0.00 $16.00

Direct labor

$20.00 $0.00 $20.00

varying manufacturing costs (20*5%=$1.00)

$1.00 $0.00 $1.00

Fixed manufacturing ($5.00-$1.00) $4.00 $4.00 $0.00

Income(Loss)

$41.00 $44.00 ($3.00)

The Company should select Alternative 1, a carrying case, based on net income the aforementioned computation.

The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income.

Therefore, it would Be advised to construct the Carrying cases if there were no better alternative applications for the extra capacity. fixed overhead has No impact on this choice.

Learn more about Make-or-Buy Decision:

https://brainly.com/question/21578278

#SPJ1

c) Features or amenities that are unique.

Which facilities are essential?

Amenities include things like a clubhouse, swimming pools, a gym, and so on. that make apartments more appealing to renters. They contribute an extraordinary arrangement to the delight and happiness regarding the inhabitants/homebuyers.

What are seven-star amenities?

Seven-star hotels have the following distinctive features: a private check-in, a private luxury limousine, rare and discrete opulent decorations, a personal butler, an unshared pool, and possibly other luxuries that will linger in the customer's memory forever. Private transfers are also available to all guests at seven-star hotels.

What are the three most important features?

A toilet, personal washing facilities, or cooking facilities are considered basic amenities.

Learn more about amenities here:

https://brainly.com/question/29044866

#SPJ4

Private bargaining would be ineffective in a situation where there is a large number of affected parties. Thus, option 'B' is the correct option.

Private bargaining refers to a conversation between two private parties regarding what to do when one side is contributing to NE that is harming the other party.

According to the Coase Theorem, where there is a dispute between property rights, the parties concerned can bargain or negotiate terms that fully represent the actual costs and underlying values of the relevant property rights, leading to the most efficient conclusion.

Learn more about Private bargaining, here:

https://brainly.com/question/28962311

#SPJ1

The basic internal control guidelines should be in place to protect a business's cash by selecting the Cash receipts that are promptly deposited in a bank.

When an entity receives money from a consumer, investor, or bank, among other external sources, it records the transaction as a cash receipt. This cash is often recorded when a consumer sends money to reduce the balance of accounts receivable created by a sale transaction.

Businesses can run in a variety of ways, some of which offer goods and services on credit (expecting payment in full later) and others of which demand immediate payment in full upon the sale of an item or service (cash sale). The customer must hand over cash or a check to the company in exchange for the good or service they received, regardless of the form of the sales transaction.

To learn more about cash receipts visit here:

brainly.in/question/25591486

#SPJ4

Socialist Economy allows very little say for individuals and businesses.

What is Socialist Economy ?

In Socialism, the society, or the government, owns the means of production, and no one is allowed to own private property in excess of a specified amount. As a result, it is government that makes use of these resources for social welfare.

According to Samuelson, “Socialism refers to the government ownership of the means of production, planning by the government and income distribution”.

Main Characteristics of the Socialist Economy:

To know more about Socialist Economy refer

https://brainly.com/question/14693002

#SPJ1