Question

Under what circumstances should sellers consider the time value of money when recognizing revenue? Please answer...

Under what circumstances should sellers consider the time value of money when recognizing revenue? Please answer in your own words. Do not use outside resources.

Homework Answers

Answer #1

circumstances should sellers consider the time value money when recognizing revenue ..it means that money value change time by time .if you have some money right now than.that value will not same after some days that becouse if you invest this money or use in business .it will increase.The sum of money received in future is less valuable than it is today. In other words the present worth of money received after some time will be less than a money received today. so we can that seller always try to recive money fast and pay later so that he can maximize use and take advantage of the money.

reasons why money can be more valuable today than in the future????? -risk ,inflation,market condition,right use of money etc.....

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In service companies, revenue is recognized either at a point in time, or over time. Compare...
In service companies, revenue is recognized either at a point in time, or over time. Compare and contrast the rules for recognizing revenue under these two circumstances. please answer in your own words. do not use outside resources.
Explain the difference between tangible and intangible long-lived, revenue-producing assets. please answer in your own words,...
Explain the difference between tangible and intangible long-lived, revenue-producing assets. please answer in your own words, do not use the outside resources
When or under what circumstances, if at all, should assisted migration of species to locations outside...
When or under what circumstances, if at all, should assisted migration of species to locations outside their current range be used as a tool in the conservation and management of species and ecological systems. What are some advantages and disadvantages? Argue your point. Please write a some sentences explaining why.
When or under what circumstances, if at all, should assisted migration of species to locations outside...
When or under what circumstances, if at all, should assisted migration of species to locations outside their current range be used as a tool in the conservation and management of species and ecological systems. What are some advantages and disadvantages? Argue your point. Please write a some sentences explaining why.
Do you think an external auditor should become friends with the people being reviewed? Explain Please...
Do you think an external auditor should become friends with the people being reviewed? Explain Please answer in your own words. Do not use outside resources.
Explain why proponents of LIFO argue that it provides a better match of revenue and expenses....
Explain why proponents of LIFO argue that it provides a better match of revenue and expenses. In what situation would it not provide a better match? please answer in your own words, do not use the outside resources
Explain the difference between monetary and nonmonetary assets and liabilities. Please answer in your own words....
Explain the difference between monetary and nonmonetary assets and liabilities. Please answer in your own words. Do not use outside resources.
Do you think this, "adequate segregation of duties." always works to prevent misdeed? Explain Please answer...
Do you think this, "adequate segregation of duties." always works to prevent misdeed? Explain Please answer in your own words. Do not use outside resources.
Discuss how a single value is different from an annuity. How might present value and future...
Discuss how a single value is different from an annuity. How might present value and future value calculations differ for single values and annuities? Please answer in your own words. Do not use the outside resources.
Explain the concept of time value of money, including compounding and discounting. Consider how time value...
Explain the concept of time value of money, including compounding and discounting. Consider how time value of money applies to your personal life by addressing the following: Describe at least one specific personal situation in the past where the use of time value of money concepts would have helped you make a better decision. Explain how time value of money applies to this situation. Describe at least one specific personal situation that you expect to encounter in the future where...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT