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Trava [24]
1 year ago
12

unearned revenue, an operating liability, arises when a company receives cash before any goods are delivered or services are ren

dered. select one: true false
Business
1 answer:
inessss [21]1 year ago
7 0

It is accurate to say that when a business receives money before providing any goods or services, unearned income, an operating liability, results. Therefore, the statement is true.

<h3>What is operating liability?</h3>

Operating liabilities are the costs that businesses incur to maintain their operations, such as income taxes and accounts payable.

Accounts payable amounts owed to creditors who have expensed the company, accrued expenses, and amounts owed to suppliers for whom the company has not yet received an invoice and must estimate the liability are examples of operating liabilities that are related to the day-to-day operations of the business.

Learn more about liabilities, from:

brainly.com/question/18484315

#SPJ1

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The manager of the Beach Division of Treat Time is evaluating the acquisition of a new mobile ice cream server. The budgeted ope
Savatey [412]

Answer:

ROI = 10.5%

Explanation:

The  ROI of a Division is the portion of then operating assets that is earned by  as operating income  by it. The higher the better.

Net operating assets = 28,600,000 - 600,000 = 28,000,000

ROI = Income/ Net operating assets × 100

ROI = 2,940,000/28,000,000  × 100

      = 10.5%

5 0
3 years ago
A blue-collar worker is someone in a professional or clerical job who usually earns a salary.
VARVARA [1.3K]
Yes that is correct
3 0
3 years ago
Pros and cons on outdoor advertising
Mademuasel [1]
If I'm correct-- by outdoor advertising do you mean commercials and ads encouraging people to go outside?
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3 years ago
Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the s
Strike441 [17]

Answer:

1. Create and give innovative experience.

2. Brand and reputation operation

3. Improvement in workers general welfare

Explanation:

As a manager in an hotel, I would Improve the facets of the hotel by

1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.

2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.

3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.

8 0
3 years ago
In Dart Co.'s Year 2 single-step income statement, as prepared by Dart's controller, the section titled "Revenues" consisted of
Amanda [17]

Answer:

  • what amount should Dart report as total revenues?

B. $250,000

Explanation:

The option B is the answer because the others option are not part of revenues during the year to the single step income.

The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.

Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.

8 0
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