Deferred revenue is payment received for goods or services that a customer expects to receive in the future. The company owes the customer until the service is rendered or the goods are delivered. This temporarily turns the sale into a liability.
Deferred revenue are money received on accrual accounting for goods or services that have not yet been earned. Under the revenue recognition principle, they are recognized as liabilities until delivery, at which point they are converted to revenue.
Deferred tax liability is an item on a company's balance sheet for which unpaid taxes are recognized but not paid until a later date.
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Answer:
option (C) 32,750 hours
Explanation:
Data provided in the question:
Actual manufacturing overhead cost = $250,000
Overapplied overhead = $12,000
Predetermined overhead rate = $8.00 per direct labor-hour
Now,
The total Manufacturing Overhead applied last year
= Actual manufacturing overhead cost + Overapplied overhead
= $250,000 + $12,000
= $262,000
Therefore,
Direct Labor Hours worked last year = 
or
= 
= 32,750 hours
Hence,
The correct answer is option (C) 32,750 hours
Answer:
Your project is split into two teams across two different continents. They understand the work to be completed, as well as communication processes. But they still often argue about how the work should be accomplished and who should make decisions. Given what you know, what is the most likely cause for these issues?
cultural differences
Explanation:
Net realizable value (NRV) of receivables is the gross receivables minus returns & allowances and the provision of credit losses.
Option A is the correct answer.
<h3>What are receivables?</h3>
Receivables are the amount that is earned by the company from the debtors concerning the credit sales after a certain period of time.
Net receivable value (NRV) is the amount that is being realized after disposing of the asset. It is computed by deducting the provision of credit losses, that is, the bad debt charges, the return on sales, and the allowances, that is, discounts on sales from the gross amount of accounts receivables.
Therefore, the amount of sales returns, sales discounts, and provision of credit losses are get deducted from the gross receivables while computing the NRV.
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Answer:
14.475%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 7.5% + 1.55 × (12% - 7.5%)
= 7.5% + 1.55 × 4.5%
= 7.5% + 6.975%
= 14.475%
The Market rate of return - Risk-free rate of return) is also known as market risk premium
