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siniylev [52]
3 years ago
11

What is a company's unique responsibility to its stockholders?

Business
1 answer:
Lesechka [4]3 years ago
3 0
<span>Stockholders role for companies is to invest money in them in the purpose of helping them to grow and prosper. In return, the company's role is to give back the money stockholders gave in the first place, plus interests. So, the company's responsibility for its stockholders is to make sure they will continue to grow and make enough profits to give them back the money they invested, with benefits.</span>
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Blue Spruce University sells 4,500 season basketball tickets at $140 each for its 12-game home schedule. Give the entry to recor
STatiana [176]

Answer:

a. Total revenue received:

= 4,500 * 140

= $630,000

Date                 Account Title                                           Debit              Credit

XX-XX-XXXX  Cash                                                     $630,000

                        Unearned revenue                                                     $630,000

Revenue is unearned because the games have not been played yet therefore Blue Spruce University has not provided the service for which it was paid and has not earned the revenue.

b. The revenue per game is:

= 630,000 / 12 games

= $52,500

Date                 Account Title                                           Debit              Credit

XX-XX-XXXX   Unearned Revenue                             $52,500

                        Revenue - Ticket Sales                                               $52,500

8 0
3 years ago
Sherry's teacher told her that she should schedule an informational interview with the mayor of her city. Which two questions wo
tatiyna

Answer: Who else do you know in this career field that I could speak to about this career?

What experience did you obtain before being elected?

Explanation:

Informational interview is the interview which is conducted to obtain information from the celebrities, politicians, and other important people to understand and learn about the strategies and planning they are gone through with in their career.

Informational interview can also be defined as a kind of meeting in which the potential job seekers get career advice.

Here, Sherry is going to obtain the career advice from mayor. Thus she will ask question related to mayor's career.

She can ask about the prior experience of mayor in politics or any other field before he was elected. She can also ask about who else she can talk related to this career for better understanding.

8 0
3 years ago
Read 2 more answers
Shockglass Company had a beginning inventory of $15,000. During the year, the company recorded inventory purchases of $45,000 an
Otrada [13]

Answer:

A. $10,000

Explanation:

We know that :

cost of goods sold = opening inventory + purchases - ending inventory

hence,

Ending Inventory = opening inventory + purchases - cost of goods sold

therefore,

Ending Inventory = $15,000 +  $45,000 - $50,000

                              = $10,000

The ending inventory must equal: $10,000

8 0
3 years ago
James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work
balandron [24]

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

5 0
3 years ago
You are a manager at Asda. You have been given the demand data for the past 10 weeks for swim rings for children. You decide to
exis [7]

Answer: Ch ch ch chia

Explanation:

7 0
3 years ago
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