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2 years ago

A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.

Business

2 answers:

Sholpan [36]2 years ago

8 0

Answer:

(A) Total assets,

(D) Total liabilities

Explanation:

A company collecting $10,000 cash from a customer as a deposit for goods that will be shipped next quarter is an example of an unearned revenue. It is receiving money from the customer in advance for the good or service yet to be provided.

And this is considered as a liability and recorded in the balance sheet as such because the company now owes the customer.

When the good or service is now provided, it increases the total assets.

babunello [35]2 years ago

6 0

Answer:

The answer are:

a) Total Assets

c) Cash from Operations

e) Total Liabilities

Explanation:

The entry for the transaction is:

Dr Cash 10,000

Cr Unearned Revenue 10,000

As Cash has been increased by $10,000, the Total Asset will increase by the same amount ( because Cash Account is an asset account) and Cash from Operations will also increase by $10,000 because this receipt is from the result of the company normal business transaction.

As Unearned Revenue which is a Liability Account because good and services has not be delivered, increases by $10,00; total Liabilities will also increase by $10,000.

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You purchased 300 shares of common stock on margin for $60 per share. The initial margin is 60% and the stock pays no dividend.

MrMuchimi

Answer:

- 41.67%

Explanation:

For computing the rate of return first we have to compute the initial investment which is shown below:

= Number of shares × per share × initial margin percentage

= 300 shares × $60 per share × 60%

= $10,800

Now Loss on sale of common stock is

= (Selling price - purchase price) × number of shares purchased

= ($45 - $60 ) × 300 shares

= - $4,500

So the rate of return will be:

= Loss ÷ Initial Investment

= - $4,500 ÷ $10,800

= - 41.67%

7 0

2 years ago

The buyers of a good will want to purchase it as long as their willingness to pay for the good is

Anna71 [15]

If it is greater than or equal to the price.
hope this helps

6 0

2 years ago

You are the manager of a pizzeria that produces at a marginal cost of $6 per pizza. The pizzeria is a local monopoly near campus

Sergeeva-Olga [200]

Answer:

since the price elasticity of demand for students is -4, the the price charged to them should be:

price = [-4 / (-4 + 1)] x $6 = (-4 / -3) x $6 = $8

since the price elasticity of demand for faculty is -2, the the price charged to them should be:

price = [-2 / (-2 + 1)] x $6 = (-2 / -1) x $6 = $12

4 0

2 years ago

The evaluation process of creative outputs is usually subjective; the advertising or brand manager relies on qualitative conside

timama [110]

Answer:

true

Explanation:

The process of evaluation of a creative product is usually subjective; The advertising or brand manager relies on qualitative considerations for evaluation.
Evaluation is the process of critically evaluating a program. It collects and analyzes information about the program's activities, characteristics and outcomes. Its purpose is to make decisions about the program, improve its effectiveness, and inform programming decisions

7 0

2 years ago

ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear

Triss [41]

Answer: Degree of Operating Leverage

A Tech = 2.75

Z Tech = 3

Explanation:

As defined in question itself,

Degree of Operating Leverage = $1 + \frac{fixed\ cost}{Profit}$

As here, it is provided that profit for both the companies are same amounting $4 million.

Although the fixed cost differ by $1 million.

A Tech Degree of operating Leverage = 1 + $\frac{7,000,000}{4,000,000}$ = 2.75

Z Tech Degree of Operating Leverage = 1 + $\frac{8,000,000}{4,000,000}$ = 3

This clearly demonstrates that A Tech will reach its break even faster than the Z Tech as the ratio of fixed cost to variable cost is lower in A tech in comparison to Z Tech.

5 0

2 years ago