Answer:
The Journal entries are as follows:
(i) On January 1,
Cash A/c Dr. 26,000
To Unearned subscription revenue 26,000
(To record the receipt of the subscriptions)
(ii) On March 25,
Unearned subscription revenue A/c Dr. $500
To subscription revenue $500
(To record the one week of earned revenue)
Working notes:
subscription revenue for 1 week = 260 × 100 × (1 ÷ 52
)
= $500
Answer:
The correct answer is letter "B": to license a European firm to manufacture and market the computer in Europe.
Explanation:
In this case it is better to license a company en Europe so they can manufacture and sell the computer in that region because the new personal computer is patented already so in front of an irregular practice from the firm planned to be hired in Europe, there will be legal support stating who the creators of the new computers are. Besides, manufacturing the goods in Europe will avoid all kinds of import tax restrictions in Europe or the implementation of new taxes on the products that eventually may affect the revenue.
Answer:
Rising inflation rate is under Economic element of PESTLE.
Explanation:
The elements of PESTLE include Political, Economic, Sociological, Technological, Legal, and Environmental factors. PESTLE analysis is used to analyze and monitor macro-environmental factors which can impact the survival and success of a business entity. After the analysis, the organization is able to identify the opportunities and threats facing it from the external environment.
Answer:
The correct answer is: services.
Explanation:
Services can be defined as economic activities that produce intangible and non-physical products. For instance, education, health, tourism, hospitality, etc.
Services cannot be stored in inventory. They are produced and consumed at the same time. They cannot be produced in advance to be used in the future.
This question is incomplete, the complete one was gotten from google.
Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.
Taggart's stock price is closest to:
A. $25.00
B. $12.50
C. $15.40
D. $20.00
Answer:
Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.
Taggart's stock price is closest to $25 - option A.
Explanation:
Market capitalization = 4/ (0.13 -0.05)
= 4/0.08
Market capitalization = 50
Price per share = 50/2 = $25
Therefore, Taggart's stock price is closest to $25 - option A.