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Vilka [71]
2 years ago
7

Mary signed up and paid $1,260 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s acco

unting records would indicate ___________.
Business
1 answer:
Karo-lina-s [1.5K]2 years ago
6 0

Answer:

Answer:

$420 of revenue, $840 of deferred revenue

Explanation:

Data provided in the question

Paid amount = $1,260

Given months = 6 months

Number of months = 2 months

For two months, the revenue is

= Paid amount × number of months ÷ given months

= $1,260 × 2 months ÷ 6 months

= $420

Now the deferred revenue is

= Paid amount - revenue

= $1,260 - $420

= $840

Hence, the revenue is $420 and the deferred revenue is $840

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An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalay
V125BC [204]

Answer:

b. Overvalued

Explanation:

Overvalued stocks are securities that trade higher than their fair market value, i.e. the value that the company's fundamentals, such as earnings or revenues justify.

4 0
3 years ago
Correl Corporation has provided the following data concerning an investment project that it is considering: Initial investment $
Marianna [84]

Answer:

 A. $38,500 

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

Npv can be calculated using a financial calculator.

Cash flow in year 0 = $-190,000

Cash flow each year from 1 to 3 = $75,000

Cash flow in year 4 = $75,000 + $25,000 = $100,000

I = 15%

NPV = $38,417.21

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
A low-cost airline described as one of the excellent companies in the bestseller of the early 1980s, In Search of Excellence, is
yaroslaw [1]

Answer: Monopolistic competition

Explanation:

This is a market in which large numbers of producer sells differentiated products in terms of quality or branding. The ability to differentiate the products makes it possible for the different firms to practice price discrimenation which is further strengthen through advertising of the product, the price differences may force a firm out of the market if the demand for it's products falls significantly.

6 0
3 years ago
If The Wall Street Journal lists a stock's dividend as $1, then it is most likely the case that the stock: Multiple Choice pays
REY [17]

Answer:

paid $.25 per share per quarter for the past year

Explanation:

A stock is ownership rights purchased by investors in a public company. Holders of stock are called stockholders and they are regarded as owners of the company.

Stockholders are paid dividends. Dividends are a proportion of a company's profits paid to shareholders.

If the stock's dividend is $1, it means it either paid $1 the past year or paid $.25 per share per quarter for the past year

8 0
2 years ago
What is Virgo sign means
atroni [7]

Answer: Virgo is an earth sign historically represented by the goddess of wheat and agriculture, an association that speaks to Virgo's deep-rooted presence in the material world. Virgos are logical, practical, and systematic in their approach to life. ... Virgo is governed by Mercury, the messenger planet of communication.

Explanation: But I'm a Taurus and I'm the queen of all Zodiac signs

Leos are the Kings of all Zodiacl signs and I'm lucky I'm on the day of the Taurus zodiac change April 20th and my birth mineral is Crytal. Or Diamond

7 0
1 year ago
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