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nadezda [96]
3 years ago
6

Costco Wholesale Corporation collects annual non-refundable membership fees from customers. When should Costco recognize revenue

for these membership fees? A. Pro rata over the customer's actual purchasing pattern B. Evenly over the membership year C. Immediately when cash is received because the fees are nonrefundable D. At the end of the membership year when Costco has discharged its obligation to the customer E. Evenly over the current fiscal year
Business
1 answer:
mixer [17]3 years ago
8 0

Answer:

B. Evenly over the membership year

Explanation:

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How much would you need to deposit in an account now, such that in 5 years your account will have increased to $8,000, assuming
VladimirAG [237]

Answer:

$6268.21

Explanation:

Future value = $8000

Interest(r) = 5%

Period (n)= 5 years

How much need to deposit?

Find the Present value:

PV = FV / (1+r)n

= 8000 / (1.05)5

= 8000 / 1.27628156

Present Value / Amount need to deposi today = $6268.21 approx

4 0
2 years ago
Outline the initiatives that Woolworths use to lessen their impact on the environment​
Bingel [31]

The initiatives that Woolworths use to lessen their impact on the environment​ - RECYCLING

we're committed to lowering the quantity of waste we send to landfill, recycling what we will and the usage of recyclable materials wherein we can. a number of THE ways we are RECYCLING TO reduce WASTE: RECYCLED PLASTIC: the whole lot in our shops from trolleys to signage is made from recycled substances.

1. ENERGY

We want to lessen the negative affects of weather exchange. That’s why we’ve made a commitment to the usage of power efficiently and decreasing our carbon footprint.

HERE'S HOW WE'RE SAVING ENERGY

AT OUR STORES: every time we design a new store, we have a look at the way to encompass strength-saving elements and solar energy. This has resulted in extra than 40% reduction in energy utilization in SA shops, with over 100 inexperienced stores designed.

2. WATER

We want to ensure future generations will still be able to enjoy clean, fresh water. That's why we’re actively working to use water responsibly   – in our own operations and those of our suppliers.

HERE'S HOW WE'RE SAVING WATER:

AT OUR HEAD OFFICE: We treat and use underground water, saving the local municipality over 14.5 million litres of water every year.

FARMING FOR THE FUTURE: We’re helping farmers reduce water wastage and water pollution through our Farming for the Future initiative.

Learn more about RECYCLING brainly.com/question/11861824

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5 0
1 year ago
Eichholtz Company uses 10,000 units of a part in its production process. The costs to make a part are: direct materials, $12; di
slava [35]

Answer:

c) $40,000 to buy the part

Explanation:

For computing the better off first we have to compute the per unit cost which is shown below:

= Direct material per unit + Direct labor per unit + variable overhead + applied variable overhead

= $12 + $25 + $13 + $30 × 30%

= $12 + $25 + $13 + $9

= $59

The difference cost would be

= $59 - $55

= $4

Now the better off would be

= Number of units × difference cost

= 10,000 units × $4

= $40,000

3 0
3 years ago
A product's package, guarantees, mass-media advertising for the product, direct marketing for the product, and the selection of
jek_recluse [69]

Answer:

The correct answer is D) marketing inputs.

Explanation:

Marketing inputs: Marketing activities in the company are a direct attempt to reach, inform and persuade consumers to buy and use their products.

Input is a term applied in the field more than all economic and marketing, but basically it can be said that an input is any element that represents a fraction in the development of a product, understood as a product, everything that is produced for a given end. An input is all that material used in the manufacture of something larger, usually we associate it with the basic diet, this is because the ingredient of a food, however edible, individually, does not represent a complete food bolus, with a Standard regulation of each of its components, so it is considered as an input, as part of a whole.

8 0
3 years ago
Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli
Liula [17]

Answer:

The balance of Eve's Prepaid Insurance account as of December 31, 2021 is $28,200

Explanation:

Computation of prepaid Insurance

Insurance 1 ($55,800*6/18)       =  $18,600

Insurance 2 ($19,200*12/24)     =  <u>$9,600</u>

Total Prepaid Insurance               <u>$28,200</u>

7 0
3 years ago
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