1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eddi Din [679]
3 years ago
6

A private university offers graduate assistantships to qualified students each year. In exchange for the waiver oftuition, gradu

ate assistants are required to assist faculty members with research and other activities. Assume a graduate assistant received a $4,000 tuition waiver for the current academic year. Based on these facts, the university should record A. tuition revenues of $4,000 and expenditures of $4,000. B. tuition revenues of$0 and expenditures of$0. C. tuition revenues of $4,000 and expenditures of $0. D. tuition revenues of $4,000 and a reduction of tuition revenues of $4,000.
Business
1 answer:
alina1380 [7]3 years ago
7 0

Answer:

A. tuition revenues of $4,000 and expenditures of $4,000.

Explanation:

If the student is not employed as a graduate assistant required to assist faculty members with research and other activities, we will have one:

a. The student will have to pay $4,000 tuition. This is a revenue to the university.

b. The private university will employ a research assistant and pay him $4,000. This an expenditure to the university.

Therefore, this transactions have to be required as highlighted in a. and b. above to track the actual revenue and expenditure implication of the waiver despite cash does not exchange hands.

You might be interested in
True or false?
olga2289 [7]

Answer:

The correct answer true.

Explanation:

An economic recession is a decrease in economic activity over a period of time. During recessions, interest rates drop. A low interest rate helps the growth of the economy, since it facilitates consumption and, therefore, the demand for products. If a company is confident that the economy is about to go into recession, that means they expect rates to drop. So you should invest in short-term debt until rates fall due to the recession.

6 0
3 years ago
The country of Yokovia does not trade with any other country. Its GDP is $20 billion. Its government collects $2 billion in taxe
nikitadnepr [17]

Answer:

(a) $3 billion

(b) -$1 billion

Explanation:

All are in terms off billion

Y = 20

T = 2  

C = 15

I = 2

we know that Y = C + I + G  

20 = 15 + 2 + G  

20 - 17 = G  

G = 3  

So the value of the goods and services purchased by the government of Yokovia = 3 billion

Public saving = T - G  

                       = 2 - 3

                       = - 1 billion

8 0
3 years ago
When Wal-Mart sells a package of diapers, the company captures data on that sale at its point-of-sale terminal and transmits tha
algol13

Answer:

C) vendor-managed inventory

Explanation:

Sometimes a company's vendor is granted access to the company's intranet system and specifically the inventory accounts. Together with the buyer they establish a minimum inventory level for their products and when that level is reached the vendor will automatically replenish the company's inventory. This is beneficial both for the company and the vendor. The company doesn't have to worry about keeping track of certain number of products and the vendor can smooth its sales operations.  

6 0
2 years ago
What is the likely impact of perquisites on the employees who receive them?
Sati [7]

That they will be making the least amount of money possible

8 0
3 years ago
STATEMENT OF STOCKHOLDERS’ EQUITY In its most recent financial statements, Newhouse Inc. reported $50 million of net income and
gizmo_the_mogwai [7]

Answer:

The Company paid usd 2  per share.

Explanation:

Initial Retained Earnings: $ 780 mill.

Current Net Income :       $ 50  mill.

=================================

Subtotal :                          $ 830 mill.

Actual Retained Earnings  :  $ 810 mill.

The difference of $ 20 mill. was the dividends paid to shareholders, if were 10 million of share outstanding, it means usd 2/Share.

5 0
2 years ago
Other questions:
  • One of the important questions Jerome needs answered about his potential career is whether he will be working outdoors, because
    8·2 answers
  • Which of the following is a subsystem of computers providing access to the Internet and offering multimedia and linking capabili
    8·1 answer
  • When a salesperson in the computer store asks a customer who is deliberating over a purchase, "Will that be cash or charge?" he
    6·2 answers
  • Flannigan Company manufactures and sells a single product that sells for $620 per unit; variable costs are $372. Annual fixed co
    9·1 answer
  • The amounts of the assets and liabilities of Nordic Travel Agency at December 31, 2016, the end of the year, and its revenue and
    15·1 answer
  • What does Thomson mean by "freedom of action"?
    15·1 answer
  • <img src="https://tex.z-dn.net/?f=%5Cmathbb%5Cpink%7Bwhat%5C%3Ais%5C%3Aescape%3F%5C%3ADefine%5C%3Ain%5C%3Asimple%5C%3Awords%7D"
    11·1 answer
  • Is management essential in profit organization give reason​
    5·1 answer
  • McDonald's is a major company in the restaurant business
    9·1 answer
  • When the university’s provost sets a major student retention goal, the cascading-goals process would occur if the.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!