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4 years ago

Consider the following situations:_________.

1 answer:

5 0

Answer: Please your question s incomplete , so i will give answers based on the twp accounting procedures for the situations

Consider the following situations to recognize the revenue

1. under accrual-basis accounting.

2. Under cash - basis accounting

Please see below for explanation.

Explanation:

Accrual- basis accounting occurs when revenue and expenses are recognized and documented when they occur usually when a company forwards an invoice to a customer irrespective of when payment is made.

cash basis accounting occurs when revenue and expenses are not recognised and documented until cash is being exchanged.

Based on Accrual- basis accounting

1. A company collects cash on June 12 from the sale of a ticket to a customer. The flight occurs on August 16.

------- August 16

2. A customer purchases sunglasses from a company on January 27 on account. The company receives payment from the customer on February 2.

----------January 27

3. On March 30, a customer preorders 10 supreme pizzas (without onions) from a company for a birthday party. The pizzas are prepared and delivered on April 2. The company receives cash at the time of delivery.

----April 2

4. A customer pays in advance for a three-month subscription to a company on July 1. Issues are scheduled for delivery each week from July 1 through September 30.----- recorded as each issue is being delivered from july 1 through september 30

Based on cash- basis accounting

1. A company collects cash on June 12 from the sale of a ticket to a customer. The flight occurs on August 16.

----- June 12

2. A customer purchases sunglasses from a company on January 27 on account. The company receives payment from the customer on February 2.

----- February 2

-------April 2

4. A customer pays in advance for a three-month subscription to a company on July 1. Issues are are scheduled for delivery each week from July 1 through September 30.------- July 1

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3 0

1 year ago

You own a portfolio that has a total value of $215,000 and it is invested in Stock D with a beta of .86 and Stock E with a beta

babunello [35]

Answer: BP = BD(WD) + BE(WE)

1 = 0.86(1-WE) + 1.39WE

1 = 0.86-0.86WE + 1.39WE

1 = 0.86 + 0.53WE

-0.53WE = -0.14

0.53WE = 0.14

WE = 0.14/0.53

WE = 0.2641509434

WD = 1 - WE

WD = 1 - 0.2641509434

WD = 0.7358490566

The dollar amount of investment in stock D = 0.7358490566 x $215,000

= $158,207.54

Explanation: The beta of the portfolio is 1, which corresponds to the beta of the market. The beta of the portfolio equals beta of each stock multiplied by the percentage of fund invested in each stock(weight). The weight of stock D is equal to 1 - weight of stock E. Therefore, we need to make weight of stock E the subject of the formula by solving the problem mathematically and collecting the like terms. The weight of stock E is 0.2641509434. The weight of stock E will be subtracted from 1 so as to obtain the weight of stock D, which is 0.7358490566. The dollar amount of stock D equal to $215,000 multiplied by 0.7358490566, which is $158,207.54.

4 0

3 years ago

Why might a person assume the Mr. White could be doing well financially

defon

$\huge\color{purple}{\mathbb{ANSWER:}}$

Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

<h2>Hope it helps!! </h2>

4 0

3 years ago

A sudden stop will be easier to navigate if the country borrows internationally in foreign currencies and lend locally in its do

natulia [17]

Answer: False

Explanation:

A sudden stop refers to the sudden decline in net capital inflows in the economy from outside. This is a significant method by which the economy can have access to foreign exchange.

If the country therefore borrows internationally in foreign currencies whilst lending in domestic currency, the sudden stop will be difficult to navigate because it will impair the country's ability to pay off the international creditors it has because it will not have enough of the required foreign currency to pay them.

8 0

3 years ago

Mary wants to help pay for beth's education(her granddaughter). she has decided to pay for half of the tuition costs, which are

STALIN [3.7K]

First, you have to calculate the amount of tuition when the student reaches age 18. Do this by multiplying $11,000 by 1.07 each year from age 12 until it reaches age 18. Thus, 7 times.

At age 18: 16,508

At age 19: 17,664

At age 20: 18,900

At age 21: 20,223

Then, we use this formula:

A = F { i/{[(1+i)^n] - 1}}

where A is the monthly deposit each year, F is the half amount of the tuition each year illustrated in the first part of this solution, n is the number of years lapsed.

At age 18:

A = (16508/2) { 0.04/{[(1+0.04)^6] - 1}} = $1,244.389 deposit for the 1st year

Ate age 19

A = (17664/2) { 0.04/{[(1+0.04)^7] = $1,118 deposit for the 2nd year

At age 20:

A = (18900/2) { 0.04/{[(1+0.04)^8] = $1,025 deposit for the 3rd year

At age 21:

A = (18900/2) { 0.04/{[(1+0.04)^8] = $955 deposit for the 4th year

3 0

3 years ago