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Aleksandr [31]
3 years ago
12

In year 8, Mondo Magazines began selling one- and two-year subscriptions to its publications. Subscriptions are collected in adv

ance and credited to sales. An analysis of the recorded sales activity revealed the following:____________
Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

$450,000

Explanation:

Deferred subscription revenue (or unearned subscription revenue) is a liability account since your customers paid you in advance for goods or services that you must provide in the future.

The net unearned revue for 2018 and 2019 is = $390,000 and $460,000  respectively.

Of the 2018 amount, only $115,000 (= $390,000 - $115,000 - $160,000) remain as a liability during 2019 since they expire on 2020.

Of the 2019 amount, $335,000 (= $460,000 - $125,000) remain as a liability during 2019 since they expire on 2020 and 2021.

By December 31, 2019, unearned revenue = $115,000 + $335,000 = $450,000

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Raby, Inc. acquires all of the outstanding stock of Fletcher Corporation on January 1, 2017. At that date, Fletcher owns only th
Nina [5.8K]

Answer:

D. $285,000

Explanation:

When a company is acquired by another company, the parent company (the new owner) must report the assets at fair market value - amortization.

FV = $300,000

amortizable value = $100,000

depreciation for 3 years (2017, 2018 and 2019) = ($100,000 / 20) x 3 = 415,000

reported value = $300,000 - $15,000 = $285,000

6 0
3 years ago
Sari, a movie theater manager, recently implemented a policy stating that workers who are willing to work a double shift on Frid
e-lub [12.9K]

Answer:

soldiering

Explanation:

According to Taylor, is the slow working because the workers who are paid the same amount , will work at the slowest pace. Giving bonuses is a way to mitigate this.

8 0
3 years ago
Read 2 more answers
What budgeting option is best used only with limited resources and expenses?
4vir4ik [10]

Answer: Mental budgeting.


Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.

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3 years ago
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The purpose of safety stock is​ to: A. eliminate the possibility of a stockout. B. control the likelihood of a stockout due to v
NeX [460]
<h3>Hello there!</h3>

Your question asks what the purpose of a safety stock is.

<h3>Answer: B). control the likelihood of a stock out due to variable demand​ and/or lead time.</h3>

The reason why answer choice "B). control the likelihood of a stock out due to variable demand​ and/or lead time" is the correct answer because companies have safety stocks to control the chances of having a stock out.

Safety stocks are also known as a "reserve" for a company, in other words, stocks that a company doesn't touch. It's to ensure that companies don't go through a time where there's an increase in demand while there is a "delay" in production.

If a companies stock demand goes up, but then they can't "produce" the amount that is needed to meet the demand, then they will go through "stock out" and have to go through what is called "stock out costs."

Safety stocks are also known as a "rainy-day" stock, due to the fact that safety stocks are used when a company are not having a great day with the "demand" / "value" of their stocks. It's just to "ensure" / "keep the company safe" from a huge stock out.

<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
6 0
3 years ago
Someone who is a natural leader exhibits this Learning Pattern
konstantin123 [22]
Someone who is a natural leader exhibits this pearning pattern : Strong willed
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-Hope this helps.
7 0
3 years ago
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