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seropon [69]
3 years ago
5

An automobile dealer sells service contracts. The contracts stipulate that the dealer will perform specific repairs on covered v

ehicles. The contracts vary in length from 12 to 36 months. Do the following increase when service contracts are sold?deferred revenue / service revenue
a. yes nob. yes yesc. no nod. no yes
Business
1 answer:
stiv31 [10]3 years ago
4 0

Answer:

a. yes no

Explanation:

At the time of contract the service revenue is not been realized because service is been perform and dealer made a promise to perform services in future. So the revenue will be deferred and will be earned or realized when service will be performed in the future. Deferred revenue will be effected and service revenue will not be effected at the time of contract.

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The owner of Shady Grove Company has the bookkeeper write company checks to pay for his personal items. This violates __________
Rainbow [258]

Answer:

The separate-entity assumption

Explanation:

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In the given excerpt, the owner of Shady Grove Company had violated the separate-entity assumption by including the expenses of his personal items under the name of the Company.

7 0
3 years ago
which are characteristics for all careers in the stem career cluster? select all that apply. a. good with customers b. work in l
mestny [16]

I got B, C and D.

Let's go through the process of elimination and my explanation for my answers.

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3 0
3 years ago
Read 2 more answers
How much water should be added to 4 gallons of pure alcohol to make it 80 percent water
Hitman42 [59]
We need a percentage of

80 % water

So alcohol in mixture is:
20/100

And water is:
80/100

20% (Alcohol) = 4 Gallons

So 80% (Water) = 4x4 = 16 Gallons WATER
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3 years ago
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4vir4ik [10]
The correct answer to the question is d 12.50
7 0
3 years ago
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As a manager, when you provide rewards or reprimand your subordinates, you are practicing transactional leadership. question 35
insens350 [35]
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