1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
In preparing a company's statement of cash flows for the most recent year, the following information is available:
Butoxors [25]

Answer:

- $ 138,000

Explanation:

The investment activities includes the transaction done on purchasing the equipment and selling the land.

Thus, for the given question

The list of investment activities:

Purchase of Equipment = - $ 149,000  

Proceeds from Sales = $ 130,000  

Purchase of Land = - $ 119,000

here, the negative sign depicts the amount is paid

thus, the net cash flow from the investment activities

= - $ 149,000 + $ 130,000 + (- $ 119,000)

or

the net cash flow from the investment activities = - $ 138,000

3 0
2 years ago
Read 2 more answers
An excerpt of an introduction of a cover letter about a Marketing position.
kolezko [41]

Answer:

answer is b

Explanation:

its b

8 0
3 years ago
What is the maximum limit for discount on issue of debentures?
Dmitry [639]

Answer:

A company may issue shares at a discount i.e at a value below its par value. The following conditions must be satisfied in connection with the issue of shares at a discount :

The shares must be of a class already issued

Issue of the shares at discount must be authorised by resolution passed in the general meeting of company and sanctioned by the company law board.

The resolution must also specify the maximum rate of discount at which the shares are to be issued

Not less than one year has elapsed from the date on which the company was entitled to commence the business.

The shares to be issued at discount must issued within 2 months after the date on which issue is sanctioned by the company law board or within extended as may be allowed by the Company Law Board.

The discount must not exceed 10 percent unless the Company Law Board is of the opinion that the higher percentage of discount may be allowed in special circumstances of case.

Hope this helps

6 0
3 years ago
a common trait of corporate distribution systems, administered distribution systems, contractual distribution systems and supply
Leni [432]

Answer:

They all try to improve the efficiency and effectiveness of the distribution systems linking the firms together in a formal and mutual relationship.

8 0
3 years ago
On January 1, 2017, Boston Enterprises issues bonds that have a $1,850,000 par value, mature in 20 years, and pay 7% interest se
ANTONII [103]

Answer:

Interest per six months =$64,750 .

Explanation:

B<em>onds are instruments used by companies, governments and other entries to borrow from the public. </em>

<em>They represent a contractual agreement where  the borrower commits to pay a percentage of the principal amount borrowed plus the principal amount to the lender or investor.</em>

The proportion of the amount borrowed which is paid as interest is called coupon. The interest payment is computed as the the coupon rate in percentage multiplied by the amount borrowed.

Interest payment = Coupon rate (%) × Nominal Value

 Annual interest payment    = 7%  × 1,850,000 =$129,500

Semi-annual interest payment = Annual interest payment/2

Semi-annual interest payment =129,500 /2 =64,750 .

Interest per six months =$64,750 .

Note we had to divide by 2 because they are two six months in a year.

6 0
3 years ago
Other questions:
  • How have airplanes changed the way the world does business/9768586/651e9934?utm_source=registration
    14·1 answer
  • Your nonprofit organization is preparing to host its first annual 5K run/walk in City Park. You worked on a similar project for
    7·1 answer
  • A speaker talking about the benefits of cosmetic surgery to an audience primarily of women is appealing to which level of needs
    7·2 answers
  • What must a landlord or homeowner post that informs workers that the homeowner is not responsible for the work being performed?
    9·1 answer
  • Transactions Interstate Delivery Service is owned and operated by Katie Wyer. The following selected transactions were completed
    10·1 answer
  • Ayesha is a strategist for the firm Optiks Inc., which produces high-quality HD movie cameras. This company needs a specific mat
    5·1 answer
  • Google's relaxed and non-traditional corporate culture is one aspect of which
    11·1 answer
  • The unemployment that is caused by changes in the​ economy, such as shifts in manufacturing​ techniques, increased use of comput
    10·1 answer
  • Hubert lives in San Francisco and runs a business that sells boats. In an average year, he receives $842,000 from selling boats.
    12·1 answer
  • The introduction of a union into an industry
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!