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
IRISSAK [1]
4 years ago
11

When a customer pays far enough in advance to require the seller to record interest expense and accrued interest payable based o

n the advancecollection amount, the amount of revenue recognized by the seller when all performance obligations have been met and delivery is complete willa. Exceed the amount of deferred revenue initially recorded.b. Be lower than the amount of deferred revenue initially recorded.c. Be the same as the amount of deferred revenue initially recorded.d. Be either the same or higher than the amount of deferred revenue initially recorded
Business
1 answer:
ira [324]4 years ago
3 0

Answer:

B. Be lower than the amount of deferred revenue initially recorded.

Explanation:

In order to record the revenue for interest paid we only recognize the revenue that is incurred that particular reporting period for example if year end is December 31st. Hence only that revenue will be part of DEC 31st financial statement that is up to that duration .

Whereas the amount exceeding way above in advance is a liability on the company and will be recognized accordingly as per the terms of payment.

You might be interested in
Last year Mike bought 100 shares of Dallas Corporation common stock for $35 per share. During the year he received dividends of
jolli1 [7]

Answer:

Rate of return is 13.2%

Explanation:

Rate of Return is the actual return that an investor receives from an investment in asset during a specific period of time. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.

Total return Received = Dividend + Price change = $1.87 + ($37.75 - 35 ) = $4.62

Rate of Return = Total return During the period / Initial Price of the stock

Rate of Return = $4.62 / $35 = 0.132 = 13.2%

3 0
3 years ago
Two drivers, walt and jessie, each drive up to a gas station. before looking at the price, each places an order. walt says, "i'd
koban [17]
In the question above, Walt asks for 10 gallons of gas while Jessie asks for $10 worth of gas. In both the cases, the drivers need gas but Walt is concerned about the quantity of gas and Jessie is concerned about the price of the gas.
In case of Walt, the price elasticity of demand is zero because he want 10 gallons of gas regardless of the price of gas per gallon. While in case of Jessie, the price elasticity of demand is one because he wants to buy gas worth $10, no matter what is the price of the gas per gallon.
8 0
4 years ago
Which are examples of a person changing careers? Check all that apply. a home insurance salesman decides to start selling home w
miskamm [114]
<span>Which are examples of a person changing careers? Check all that apply.
a home insurance salesman decides to start selling home warranties instead
a farmer decides to start practicing real estate and selling local land
a biology teacher moves to teach the elective cooking classes for that school year -> same career field of teaching, just a different line of work within for the school year
a factory worker who manufactures linens moves to a new factory that manufactures pencils -> same career which is a factory worker, he just moved to a different line of work in the same career
a crab fisherman decides to start a business maintaining local boats</span>
7 0
3 years ago
Read 2 more answers
Importance of search of business( any 5 points?​
Anettt [7]

Explanation:

Business is an important source of government revenue so the business activities contribute to the government revenue in the form of taxes such as excise duty, sales tax, income tax, proper tax, entertainment tax and so on.

It also helps to develop our country.

It also helps reduce financial burdens on us.

Business majors learn how to research information using quantitative skills, and then develop ideas based on that information to solve problems.

Business also involves people customers and employees so communication and interpersonal skills are vitally important as well.

7 0
3 years ago
The cash outflow at the start of a project is termed the initial capital investment, and includes?
wlad13 [49]

The cash outflow at the start of a project is termed the initial capital investment, and includes any investment in fixed assets required by the project.

A project cash flow includes revenue and costs. Project cash flow refers to how the cash flows in and out of an organization in regard to a specific existing or potential project.

Initial investment is the amount required to start a business or a project. The cash flow in the initial investment stage is estimated mainly at planning stages of a business or a project. Fixed capital, salvage value, working capital, tax rate, and book value are considered, while calculating the initial cash flows.

Hence, the cash outflow at the start of a project includes any investment in fixed assets required by the project.

To learn more about initial capital investment here:

brainly.com/question/16999506

#SPJ4

7 0
2 years ago
Other questions:
  • Delaware Corp. prepared a master budget that included $18,225 for direct materials, $28,800 for direct labor, $15,400 for variab
    9·1 answer
  • The major disadvantage of a geocentric staffing policy is its potential for ________.
    14·1 answer
  • The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has p
    13·1 answer
  • Which of the following statements is true:
    10·1 answer
  • he town of Rock River decides to put a new road through the middle of town to increase tourist traffic. To build the road, the t
    13·1 answer
  • Stuart Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost.
    12·1 answer
  • Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the
    12·1 answer
  • AudioCables, Inc., is currently manufacturing an adapter that has a variable cost of $0.50 per unit and a selling price of $1.40
    13·1 answer
  • Give examples of the ways in which each of the five factors of production can affect the business performance of McDonald's or W
    15·2 answers
  • Confirm accounts receivable ending balances and sales terms, such as right of return and consignment arrangements.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!