Answer:
The answer is a) an accrued receivable transaction
Explanation:
The sale of a subscription by the magazine company can be viewed as a source of income. A sale of a subscription service where cash is collected after the service has been provided is treated as an accrued receivable transaction. The recognition of revenue from the sale of the subscription is based on revenue recognition principle which states that revenues are recognized when they realized and earned.
Answer:
E
Explanation:
The diamond framework is one of the five major strategic options for entering foreign markets and it is not likely to answer questions on What are the disadvantages of allowing foreign competition?
Answer:
The most applicable answers are,
*individuals borrow less money
*interest rates rise
Explanation:
When the money supply is decreased, the interest rates between the federal reserve and the bank lending rates. This in turn increase the average landing rate sin the country, increasing the cost of borrowing and as a result, individuals and organizations tends borrow less money.
Answer:
d) $4.00.
Explanation:
Net Income = $34,000
Common shares outstanding = 8,500 shares
Earning Per share = Net Income for the period / Common shares outstanding
Earning Per share = $34,000 / 8,500 shares
Earning Per share = $4 per share
The company's earnings per share is $4.
Divided declared has nothing to do in the calculation of Earning per share because we just measure the earning against each share which involves net income and number of outstanding shares only.
