1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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:

You might be interested in
Once mylie's total utility begins to decrease, does each additional singing of the song hurt more than the previous one or less
True [87]

When total utility starts to decrease, each additional song hurts MORE than the previous song.

6 0
3 years ago
What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?
quester [9]
Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.
4 0
4 years ago
A year ago, Phyllis Peterson purchased 100 shares of Fidelity's Contrafund for $50 each. During the year, her total return from
Y_Kistochka [10]

Phyllis' RATE (percentage) of return is 7 percent

<u>Explanation:</u>

Data provided in the question:

Purchase price for each share = $50

Dividend received = $1 per share

worth of shares at the end of year = $52.50

Thus, total return on the share  = dividend received plus worth of sahres at the end of year minus purchase price

= $1 plus $52.50 minus $50 = $3.5

Therfore, rate of return = [ total return on the shares by purchase price ] into 100%

= [$3.5 by $50] inot 100 percent

= 7 percent

hence, the option with 7 percent will be the correct answer.

6 0
3 years ago
Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The
SVETLANKA909090 [29]

Answer:

Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:

c. Frank and Greg receive the entire estate in equal shares.

Explanation:

  • Uniform Probate Code is applicable in almost 18 states of the United States that was developed to standardize the laws of wills, trusts, and intestacy.
  • The option a is not correct as Elsie can't get the half of the farm as Don and Elsie were divorced.
  • The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
  • The option c is correct as it is in accordance with Uniform Probate Code.
  • The option d is incorrect as state can't inherits the entire estate in the presence of heirs.
6 0
3 years ago
The _____ Act established strict accounting and reporting rules to make senior managers more accountable and to improve and main
MrMuchimi

Answer:

Sarbanes Oxley

Explanation:

The Sarbanes Oxley act was passed in 2002 by the US congress to ensure that senior managers are more accountable by establishing strict accounting and reporting rules.

The Sarbanes Oxley Act created and gave powers to the Public Company Accounting Oversight Board to overlook the activities of the accounting industry. The Act also bans company executives from accessing loans.

Cheers.

4 0
3 years ago
Other questions:
  • When a soft drink company introduced a new peach-flavored drink in a market saturated with colas, it immediately found favor wit
    14·1 answer
  • China is considered to have​ a(n) ________ culture.
    7·1 answer
  • 10. You are offered an annuity that will pay you $200,000 once every year, at the end of each year, for 25 years (i.e. the first
    14·1 answer
  • Dena's Decorations is a South Carolina business that has a SUTA rate of 3.6% and an annual SUTA wage base of $14,000. The employ
    6·1 answer
  • The document that the purchasing department prepares and sends to the vendor to place an order is:
    12·2 answers
  • A major factor contributing to the growth in the use of direct marketing IMC efforts is:__________
    9·1 answer
  • Why is Earned Value a very powerful tool? Answer: It combines the cost, scope, and ____________ as an integrated tool to calcula
    10·1 answer
  • Juan finished the special report for the vice president of marketing. He spent many extra hours compiling this report and knows
    12·1 answer
  • The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new
    9·1 answer
  • Before introducing the results of your survey, you explain in detail how you collected the data and the possible limitations of
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!