Answer:
Explanation:
The adjusting entry is shown below:
Deferred Subscription Revenue A/c Dr $12,000
To Subscription revenue A/c $12,000
(Being the deferred subscription amount is adjusted)
The computation is shown below:
= Number of subscriptions sold × sale price each × (number of months ÷ total number of months in a year)
= 400 subscriptions × $90 × (4 months ÷ 12 months)
= $36,000 × (4 months ÷ 12 months)
= $12,000
The four months are reported from the September 1 to December 31
Answer:
The price of the stock is expected to be $188.16 in 1 year.
Explanation:
This can be determined as follows:
Current price of the stock = Expected next dividend / Expected return = $24.87 / 15.2% = $163.62
Expected stock price in 1 year = Current price of the stock * (100% + Expected return)^Number of year = $163.62 * (100% + 15.2%)^1 = $188.16
Therefore, the price of the stock is expected to be $188.16 in 1 year.
Answer:
B. The denial is justifiable given the level of interbrand competition.
Explanation:
Anti trust law only applicable if you can proof that two or more producers in the same industry work together in order to assert their control over the market. They can do this through price fixing, controlling the amount of supply, etc.
This condition<em> can't be found</em> in the scenario above.
The denial that done by PepsiCo is justifiable because in a really competitive market, a company need to impose a strict requirement on which entities they should form a dealership relation with. If PepsiCo choose the wrong dealers, Its competitors could easily taken over the market and resulted in a huge amount of loss for the company.
I believe this is true.
Hope this helps!
The answer is LLC or also known as Limited Liability
Company. This type of hybrid legal entity has the characteristic of mixed
characteristics of a partnership, sole proprietorship and even a company in
which they have a limited liability that could also be similar to shareholders
in a corporation.
