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3 years ago

All of the following situations contribute to the need for a company to recognize deferred revenues, except for:

Business

1 answer:

blondinia [14]3 years ago

7 0

Answer: C) mutually unexecuted contracts between buyers and sellers.

Explanation:

Mutually Unexecuted contracts refer to a situation where both parties being the buyer and the seller have not executed their parts of the bargain or rather fulfilled their parts of the contract.

In such a case, even though legally, there is an obligation to perform due to the signing of a contract, Accounting wise, there is no need to record a liability.

This is why Mutually Unexecuted contracts do not contribute to the need to recognize deferred revenue.

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How would you respond to the argument that it is impossible to judge how successful a project like this one would have been unle

ANTONII [103]

Answer:

Explain forecasting

Explanation:

This implies that I will have to let the other person know that it possible to judge how successful a project would be by doing what is called forecasting.

Forecasting allows one to project to a reasonable extent what the success level of a project would be, especially in terms of it's revenue, overall expenses before the project is carried out. A good forecasting tool is Forecast web application which provides future estimates of budget and task duration.

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3 years ago

Black & decker uses a __________ strategy to reach the "do-it-yourself" market with the black & decker brand name and th

sp2606 [1]

Advertising campaign strategy

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3 years ago

Capital Consulting Company had 390,000 shares of common stock outstanding on December 31, 2017. On that date, there were also 4,

Nina [5.8K]

Answer:

Basic earning per share = $3.69

Explanation:

Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares

Number of ordinary shares = 390,000 × 2 = 780,000 units

Net income 2,900,000

Preferred dividend ( 24,000)

Earnings available to shareholders 2,876,000

Number of ordinary shares 780,000 units

Earnings per shares = $2,876,000/780,000 units

= $3.69

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3 years ago

Private placements can be advantageous, compared to public issue, because: I. Private placements are cheaper to market than publ

Maurinko [17]

Answer:

Private placements

Explanation:

private placements are cheaper to market than public issues

8 0

3 years ago

The budgeted income statement does not rely on information from the ______ budget.

Marta_Voda [28]

The budgeted income statement does not rely on information from the production budget.

<h3>What is a budgeted income statement?</h3>

The expected profit, revenue, and expenses for the upcoming year or months are listed in a budgeted income statement, which is a financial report. Its purpose is to assist businesses in future planning, better decision-making, and resource allocation.

All of the line categories seen in a typical income statement are included in the budgeted income statement, but it is an estimate of what the income statement would look like in future budget periods.

The budgeted income statement makes it easier to compare planned and actual income and expense components at the end of the month. It aids in evaluating the efficiency of the company's financial planning procedure.

To learn more about production budget refer to:

brainly.com/question/17255948

#SPJ4

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1 year ago