Answer and Explanation:
The journal entries are given below:
a. Deferred revenue from gift cards $19,000,000
To sales revenue $19,000,000
(being the sales revenue is recorded)
b.
Cash $12,000,000
To deferred revenue from gift cards $12,000,000
(Being the Receipt of cash from gift cards)
These two entries are to be recorded for the given situation
Answer:P(x) = -3000
(x) + 57000
Explanation:
Let the demand function be given by p(x)
Let P(x) be the demand for the match at price x
P(x) = a(x) + b
27000 = a(10) + b
33000 = a(8) + b
Solving we get a = -3000 and b = 57000
Thus P(x) = -3000(x) + 57000
MPL implies the extra output level, that is being produced by hiring an additional unit of labor.
So when the 16th worker is hired, the output level rises by = (340-325)
= 15 units.
In science education, a word problem is a mathematical exercise (including in a textbook, worksheet, or exam) wherein sizeable background statistics on the problem is offered in everyday language as opposed to in mathematical notation. As most phrase issues contain a narrative of a few sorts, they may be every now and then referred to as story issues and might range in the amount of technical language used.
To clear up trouble like this by algebra, one interprets the phrases into a gadget of equations, expressing the usage of mathematical variables and operations. For this problem, it's far more convenient to work out the solution first in minutes, and then convert it to hours.
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Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Explanation:
Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.
It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Answer:
$55.72
Explanation:
Data provided:
Quarterly dividend paid per share = $2.20
Closing share cost = $57.70 per share
Relevant tax rate = 10%
The dividend per share after the tax deduction
= (100% - 10%) × Quarterly dividend paid per share
= 0.9 × $2.20
= $1.98
Thus, the ex-dividend stock price
= Closing share cost - dividend per share after the tax deduction
= $57.70 - $1.98
= $55.72
