Answer:
a. company reputation
Explanation:
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Calculation of Commission earned:
We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.
So we can say that :
Commission earned = 15% * Total profit
Last week she sold 9 cars for the total of $10,870 dealer profit
Hence Commission earned shall be calculated as follows:
Commission earned = 15% * Total profit
Commission earned = 15% * 10870 = $1,630.50
Hence, the Commission earned by Joan is <u>$1,630.50</u>
These payments to shareholders are called Dividends. The correct option is A.
<h3>Why are dividends paid?</h3>
Dividends are payments made to shareholders based on the number of shares they own. Shareholders expect profits to be returned to them by the companies in which they invest, but not all companies pay dividends.
A dividend is a monetary or non-monetary reward given by a company to its shareholders. Dividends can be paid in a variety of ways, including cash, stock, or any other form. The dividend of a company is decided by its board of directors and must be approved by the shareholders.
Thus, the ideal selection is option A.
Learn more about Dividend here:
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Answer:
The answer is D. balance sheet as a current liability
Explanation:
Unearned fee is the amount that has been collected before rendering a service. For example, a customer paid in advance for goods that have been delivered, a football season ticket holder. The full service has not been rendered. So it is recognized as a liability because the customer can terminate the contract anytime.
As the service is being rendered, maybe monthly, quarterly or weekly, revenue is recognized and unearned fee decreases.
For example, a customer paid a $12,000 on Jan 1. for monthly delivery of magazine for a year. Here, the customer paid for a service that last till Dec 31st.
What will be recognized as revenue monthly is $1,000($12,000/12months) and unearned revenue too decrease by $1,000 monthly
Answer:
It depends on a number of things. The quality of the product, the reviews of the product, or maybe just to feel cool.