The answer is increas taxes think bout it' if u decrease it would make it worse
Answer:
Explanation:
The adjusting entry is shown below:
Deferred Subscription Revenue A/c Dr $12,000
To Subscription revenue A/c $12,000
(Being the deferred subscription amount is adjusted)
The computation is shown below:
= Number of subscriptions sold × sale price each × (number of months ÷ total number of months in a year)
= 400 subscriptions × $90 × (4 months ÷ 12 months)
= $36,000 × (4 months ÷ 12 months)
= $12,000
The four months are reported from the September 1 to December 31
Any interest that you receive from a bank is taxable income, so I guess its false
Answer:
a) 2.02%
Explanation:
Dividend yield = Cash dividend per share / Market price per share
Dividend yield = $0.58 / $28.75
Dividend yield = 0.02017
Dividend yield = 2.02%
