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ArbitrLikvidat [17]
3 years ago
11

on october 1, the beginning of the new term, Davis institite, a private school, recieves $168,500 in tuition for the upcoming se

mester, which last forur months. Davis Institutes fiscal year ends December 31 how much revenue would Davis recognize from this amout for the current year​
Business
1 answer:
Aneli [31]3 years ago
8 0

The correct answer is $126,375.

If the term is four months long and Davis institute receives $168,500 in tuition for the four months then they receive $42.125 per month. You can calculate this by dividing $168,500 by 4, which equals $42,125. Three of the months are in the first fiscal year, so 3 months worth of revenue will be allocated to that year. $42,125 x 3 = $126,375.

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Could you help with the question, please?
spayn [35]

Answer:

When the world price is $9.00 per barrel, imports are 10.25 million barrels per day.

Explanation:

This can be explained as following:

- At the domestic equilibrium, the quantity supplied and demanded were:

  • Qs = Qd = 9.3 million

- When the world price is $9.00 (P=9), the domestic demanded and supplied quantity were:

  • Demand: Qd = 15 - (1/4)x9 = 12.75 million
  • Supply: Qs = -2 + (1/2)x9 = 2.5 million

When the domestic supply is 2.5 million barrels per day while the domestic demand is 12.75 million barrels per day, the domestic still lacks:

  • 12.75 - 2.5 = 10.25 million barrels per day

So that they need to import 10.25 million barrels per day.

7 0
3 years ago
Starbucks sometimes offers a promotion known as the "treat receipt." Patrons purchase a drink of their choice in the morning and
bagirrra123 [75]

Answer:

The correct answer is C) increasing a product's use by existing customers.

Explanation:

Starbucks is a world-renowned company, and what it seeks precisely with this campaign is not precisely to create new clients. This company tries to retain its existing customers with a highly effective loyalty campaign, however, this practice may also achieve an effect not directly related to its mission: to attract new customers.

7 0
3 years ago
An adjusting entry that increases an asset and increases a revenue is known as a(n):
quester [9]

<u>Answer:</u>

<em>An adjusting entry that increases an asset and increases a revenue is known as Accrued Revenue.</em>

<u>Explanation:</u>

when an organization has earned income yet hasn't yet gotten money or recorded a sum receivable For the<em> situation of gathered incomes</em>, we get money after we earned the income and recorded an advantage.

The modifying section for a collected income consistently incorporates a charge to an advantage account (increment a benefit) and an a worthy representative for an<em> income account (increment an income).</em>

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3 years ago
Which type of accounting information is intended to satisfy the needs of external users of accounting information
hoa [83]

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

Read more about<em> accounting</em> here:

brainly.com/question/24357323

3 0
2 years ago
What are some major factors that have contributed to the recent increase in the number of lawsuits against auditors and the size
telo118 [61]

Answer and Explanation:

There are several reasons why the number of lawsuits against auditors and the size of awards to plaintiffs has increased. Mainly, <em>Certified Public Accountant (CPA) firms are most likely to solve legal issues with companies in front of inaccuracies in audits without a judicial process</em> to avoid the fees, possible penalties they will have to take charge if found at fault. Thus, more lawsuits are created under that situation because those practices are not considered legal even if the plaintiff decides to come up to a resolution that way. This is because firms could still be operating unethically unless the law enforces laws in their operations.

7 0
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