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ollegr [7]
3 years ago
12

Indicate which situations would require Zenda Company to record revenue in the current period.

Business
1 answer:
Studentka2010 [4]3 years ago
5 0

Answer:

c & d

Explanation:

Option includes "<em>a. Zenda is paid in advance for services to be performed in the next period. b. Zenda signs a contract with a customer to perform services in a future period. c. Zenda performs services for cash.  d. Zenda performs services on account."</em>

Only Zenda Company performance of services for cash and on account will be recognized and will be recorded as revenue in the current period.

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.If you employer gives you a raise that is equal to the inflation rate, then your real salary will have increased T/F
AysviL [449]

I would say the answer is True

7 0
4 years ago
To create shareholder value via diversification, a company must get into new businesses that are profitable ____ (A) diversify i
Artyom0805 [142]

Answer:

D

Explanation:

According to my research on conglomerate business strategies, I can say that based on the information provided within the question a company must diversify into businesses that can perform better under a single corporate umbrella than they could perform operating as independent, stand-alone businesses.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
4 years ago
Which idea forms the basis of double-entry accounting?
valina [46]

Answer:

A. For every single transaction, at least two accounts will be

affected.

Explanation:

Double-entry accounting is a record-keeping method where a transaction is recorded in a minimum of two accounts. There is no upper ceiling on the actual number of accounts that may be used in a transaction.

Every account has two columns, with debits on the left and credit entries on the right. The aggregate of the debit entries must equal the result of all credit entries. If this happens, the transaction has balanced.  If not, the transaction is  "out of balance."

5 0
3 years ago
Prepare an income statement for Rex manufacturing for the year ended December 31 using the following information
aalyn [17]

The preparation of the income statement for the year ended December 31 is as follows:

Sales $94,000

Cost of goods sold  

Begininng finish goods inventory $20,000

Add:Cost of goods manufactured $41,000

Cost of goods available for sale $61,000

Less: Ending finish goods inventory -$17,000

Cost of goods sold $44,000

Gross margin  $50,000

Less: Operating Expenses  

General and Advertising Expenses $15,000

Selling Expenses $13,000

Total operating Expenses $28,000

Operating Income  $22,000

Learn more about the income statement here: brainly.com/question/14308954

3 0
3 years ago
Stephan owns a shirt factory. He sells each shirt for $50. Previously, he had 30 employees producing a total of 300 shirts daily
SOVA2 [1]

Answer:

marginal revenue product = $2,500 for the 10 additional workers

Explanation:

The marginal revenue product is the amount of revenue generated by adding a certain number of workers into the production process. The marginal revenue product (MRP) is calculated by multiplying marginal product times the selling price

  • the marginal product of the 10 additional workers = 50 shirts per day
  • price per shirt= $50

MRP = 50 shirts x $50 per shirt = $2,500

to determine the MRP per worker = $2,500 / 10 workers = $250

5 0
3 years ago
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