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lara [203]
2 years ago
8

Define deferred revenue. Why is it a liability?

Business
1 answer:
bazaltina [42]2 years ago
4 0

Deferred revenue is payment received for goods or services that a customer expects to receive in the future. The company owes the customer until the service is rendered or the goods are delivered. This temporarily turns the sale into a liability.

Deferred revenue are money received on accrual accounting for goods or services that have not yet been earned. Under the revenue recognition principle, they are recognized as liabilities until delivery, at which point they are converted to revenue.

Deferred tax liability is an item on a company's balance sheet for which unpaid taxes are recognized but not paid until a later date.

Learn more about revenue here:brainly.com/question/16232387
#SPJ4

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Based on the following passage, what force can you infer is responsible for causing an implosion if not pressure?
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The correct should be 3 or 4 im not exactly sure they both have to do with force
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3 years ago
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The starch classification that consists of the percentage of people who remembered having previously seen the advertisement in t
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The starch classification that consists of the percentage of people who remembered having previously seen the advertisement in the issue being studied is known as copy testing.

Definition: Copy testing is a comprehensive approach used in market research to test the effectiveness of advertising based on pre-broadcast responses. This form of pre-testing helps companies understand if their ads are delivering a strong enough message. Direct-to-customer sales – Example: B. A car salesman meeting a customer at a company's dealership. Point of sale display (POS) trade show advertising. Package design that encourages purchase.

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5 0
2 years ago
The death of a promisor in a personal services contract discharges an agreement. However, if a promisor dies, other types of con
IRINA_888 [86]

Answer:

The interpretation of the discussion is characterized throughout the interpretation section elsewhere here.

Explanation:

  • The reinstatement including its service agreement shall be signed throughout the event of termination of each of the wings of the party in such a way that perhaps the replacement does not instantaneously embrace plausible transformations depending on the temperature acknowledged either by promiser.
  • Unless the particular responsibilities set out during this Agreement aren't adequately accomplished as well as throughout the lack of mention including its new contractual obligations.
  • The same would be true whether it is approximately necessary to manage the service agreement when the world collapses. After that, Suo-moto seems to be the cancelation including its service agreement. It would have the natural world of consciousness of leases. Because if the real estate of the dead person is expected to take responsibility again for contractual agreement through by the dearly departed.
5 0
3 years ago
Calculate the required rate of return for Everest Expeditions Inc., assuming that (1) investors expect a 4.0% rate of inflation
Ganezh [65]

Answer: 12%

Explanation:

In calculating the Required Rate return, we add the Nominal Risk Free rate to the market premium like so,

Required Rate of Return = Nominal Risk Free rate + Market Premium.

We have the Market Premium, now we need the Nominal Risk Free rate.

As you may or may not know, the Real Risk Free rate is just the Nominal rate adjusted for inflation by subtracting it.

To get the Nominal rate therefore we add back inflation,

Nominal Risk Free rate = Real Risk Free rate + Inflation

= 3% + 4%

= 7%

Now going back to the original formula we have,

Required Rate of Return = Nominal Risk Free rate + Market Premium.

Require Rate of Return = 7% + 5%

=12%

The required rate of return for Everest Expeditions Inc. is 12%

5 0
3 years ago
An industrial distributor is
Oliga [24]

Answer: An intermediary that deals exclusively with the selling, stocking, and delivery of raw materials used by manufacturers in the production of its products.

Explanation:

An industrial distributor is an individual/organization that has the function of purchasing raw materials and selling these raw materials to industries that produce goods with those specific raw materials. The industrial distributors do not have any supply duty to consumers/retailers.

5 0
4 years ago
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