Answer: Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.
Explanation:
The $32,580 are for 36 months so the amount per month would need to be calculated.
= 32,580/36
= $905
The subscriptions were paid on the 1st of April which means that only 9 months (April to December) of the first year will have revenue recognized for them.
= 905 * 9
= $8,145
Correct entry would be to debit the Unearned fees account as it is a liability that needs to reduce to reflect that fees have now been recognized.
Credit the Fees Earned account to recognize revenue.
Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.
Answer:
11%
Explanation:
Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.
Both are related by
Fv = Pv(1 + r)^n
where Fv is the future amount
Pv is the present value
r = rate
n = time
As such,
18.5 = 15 (1 + r)^2
1.2333 = (1 + r)^2
1 + r = 1.11
r = 0.11
the annual percent on returns is 11%
Answer: B. Fundamental weighting.
Explanation:
A fundamentally weighted index refers to a type of equity index whereby the components that are chosen based on the fundamental criteria like the dividend rates, book value, revenue, dividend rates, etc.
Fundamental weighting is the index weighting which results in portfolio weights shifting away from securities that have increased in relative value toward securities that have fallen in relative value whenever the portfolio is rebalanced.
The ending inventory at the end of the second period is 400 units
What is ending inventory?
Ending inventory means the quantity of stock left unsold at the end of a period.
It is determined as beginning inventory plus production units minus quantity sold or demanded.
Ending inventory first month=500+1000-900
Ending inventory first month=600
Ending inventory second month=600+1000-1200
Ending inventory second month=400
Find in the link below further explanation on ending inventory.
brainly.com/question/14970629
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Answer:Maria, a supervisor at a petrochemical plant, asks the plant superintendent to hire an additional worker whenever overtime hours for the previous month increase by more than 15 percent over the headcount. It is a programmed decision.
Explanation:
It is an example of a programmed decision. It is a decision that is actually repeated and we can take it easily by those rules of a business that have already been established.
These are the routine decisions that can be taken easily without wasting time. Like Maria asked the plant superintendent to hire an additional worker whenever overtime increases more than by 15% over the headcount. So it a routine decision.
