<span>The debit would go to unearned revenue and there would be an accompanying credit to service revenue. In this manner, the service revenue (the money made from the services provided, shown here by the payment of the gift certificates) would receive a $1000 addition while the unearned revenue would drop by $1000 because the outstanding gift cards were spent, lowering the total amount of revenue earned that was still outstanding in those cards.</span>
Tesla's high stock market valuation is partly justified by the company's learning curve- True
A learning curve is a mathematical notion that illustrates visually how a process improves with practice and learning over time. According to the learning curve idea, tasks will demand less time and resources as they are carried out more frequently due to the proficiency that is acquired when the procedure is learnt. The learning curve, which is used to gauge output effectiveness and project costs, was initially introduced by psychologist Hermann Ebbinghaus in 1885.
The rate of improvement is often indicated as a percentage when describing a learning curve. A steeper slope in the learning curve's visual representation denotes initial learning that results in bigger cost savings, and subsequent learning that leads to slower, more challenging cost savings.
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Answer:
Yes, she can deduct the unamortized balance of the refinanced loan points in the year of sale.
Explanation:
In Refinanced mortgage, you have to deduct the points equally over the life of the loan. This also goes for loans you take out to buy a second home or investment property.
EXAMPLE: If you paid $2,000 in points and will make 360 payments on a 30-year mortgage, you can deduct $66.72 [($2,000/360) x 12] each year, assuming you make 12 mortgage payments in a year.
Answer:
The correct answer is letter "D": for goods with many substitutes than for goods with only a few.
Explanation:
Elasticity is a characteristic of certain items, by which price increases reflect a shift in their demanded quantity. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or greater than (1) the demand is elastic. If the demand is lower than 1, then it is inelastic.
<em>Goods with many substitutes are considered to be elastic because a minimal change in their price represents a significant change in the quantity demanded. As consumers have different options from where to choose if the price of one of the substitutes increases (for example), the quantity demanded for that good could face a dramatic drop.</em>