Answer: D) not been recorded and unearned revenues have.
Explanation:
Accrued revenue is a term used to describe a sale that has been recognized by the seller, but which has not yet been billed to the customer. Accrued revenue is needed in order to match revenues with expenses. The absence of accrued revenue would tend to show excessively low initial revenue levels and low profits for a business, which does not properly indicate the true value of the organization.
Unearned revenue on the other hand is the money received from a customer for work that has not yet been performed (in advance payment). This is an advantage to the seller who now has the cash to perform the required services. Unearned revenue is a liability for the recipient of the payment.
Answer:
6.67% and 6.694%
Explanation:
The computation of the approximate yield to maturity and the exact yield to maturity is shown below:
For Approximate yield to maturity it is
= 2 × ((Face value - current price) ÷ (2 × time period) + face value × coupon rate ÷ 2) ÷ (Face value + current price) ÷ 2)
=2 × (($1,000 - $950) ÷ (2 × 10) + $1,000 × 6% ÷ 2) ÷ (($1,000 + $950) ÷ 2)
= 6.67%
Now
the Exact yield to maturity is
= RATE(NPER,PMT,-PV,FV)
= RATE (10 × 2, 6% × $1000 ÷ 2,-$950,$1,000) × 2
= 6.694%
The less the money left by Simon at the end of the month after the monthly payments made him take the step of evaluating the results.
<h3>What is the five-step problem-solving process?</h3>
The five-step problem-solving has been given as the step that enables the person to evaluate the problem and find the solution. The steps involved are:
- Evaluate the problem
- Search alternatives
- Find the best alternative
- Make the decision
- Evaluate the result
The step taken to Simon to buy the computer has been the decision-making, thus after the monthly payment, Simon had to evaluate the result of his decision. Thus, option C is correct.
Learn more about problem-solving, here:
brainly.com/question/3418829
Narcissus in yellow. Because the friend likes the color yellow and fragrant flowers. It is also important to know that narcissus is a fragrant flower..
Answer:
co-operative ownership
Explanation:
Cooperative ownership is an apartment ownership is the process where by a buyer receives shares of stock in the building corporation and a lease of the apartment being sold as the case of Mr Evan.