Answer:
c) cash cows
Explanation:
Cash cows -
They are the product lines with relatively higher share in the market due to the result of the previous investment , but the growth is market is low .
The generation of cash is more and hence , can be used to support the other product lines .
Hence from the question data , the correct answer is cash crows .
The unemployment rate equals 5.10 percent
What is unemployment rate?
Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.
The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:
unemployment rate=unemployed/labor force
unemployed=7.8 million
labor force=153 million
unemployment rate=7.8 million/153 million
unemployment rate=5.10%
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It will definitely decrease, as consumers will have to pay more and a deadweight loss will be present. Search up 'price floors and deadweight loss'.
Answer:
Seojun's Adjusted Gross income is $140,000.
Explanation: Adjusted Gross income(AGI) is a term used in Financial accounting to describe the total amount of gross income remaining after certain deductions have been made to the Gross income of a business entity over a given period of time.
Since Seojun is not a Material participant,the $50,000 loss can not be considered in calculating Seojun's Adjusted Gross income.
Answer:
Service revenue of $ 440
Explanation:
When the customer prepays, the revenue is yet to be earned hence the entries required would be a debit to cash account and a credit to unearned or deferred revenue.
As the service is rendered and revenue is earned, debit the deferred revenue account and credit the revenue account with the amount earned.
Since $660 was collected for 6 training sessions
Revenue from a training session
= 1/6 × $660
= $110
After 4 training sessions, revenue earned and to be recognized in the income statement
= 4 × $110
= $440
