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Deffense [45]
4 years ago
8

Deferred revenue is revenue that is a.not earned and the cash has not been received b.not earned but the cash has been received

c.earned but the cash has not been received d.earned and the cash has been received
Business
2 answers:
Aleksandr-060686 [28]4 years ago
7 0

Answer:

The answer is B. not earned but the cash has been received

Explanation:

Deferred revenue is when the money for a service has been received but the service has not been discharged. Deferred revenue is classified as a liability. Deferred revenue account decreases by the same amount with revenue as revenue is earned.

For example, a customer has paid for a year subscription to magazines. This money is an deferred revenue because the service will last for a year

Dennis_Churaev [7]4 years ago
6 0

Answer:

The correct answer is letter "B": not earned but the cash has been received.

Explanation:

Deferred Revenue is accrued compensation that a company receives for products or services that it has not yet provided or distributed. Another name for the deferred revenue is unearned revenue.  Although regular payments for services rendered are reported as revenue on the company's income statement, deferred income is recorded as a liability until the product is delivered.

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A _____ is a specially designed phone room used to conduct telephone interviewing.
katrin [286]

Answer:

central-location telephone (CLT) facility

8 0
2 years ago
The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical
Likurg_2 [28]
<span>the industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical review 

ANSWER: 
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5 0
3 years ago
ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstandin
Butoxors [25]

Answer: $4.34

Explanation:

The net income for diluted earnings per share will be calculated as:

Net income: $2,500,000

Less: preferred dividend: $300,000

= $2,200,000

To calculate the number of shares goes thus:

Total shares of stock options = 10,000 × 20 = 200,000 shares

Proceeds = 200,000 × $29

= $580,000

Shares of treasury stock will be:

= $580,000/$30

= 193,333 shares

Net shares added will be:

= 200000 - 193333

= 6667

Tge total shares for the diluted earnings per share will now be:

= 500,000 + 6667

= 506,667

The diluted earnings per share:

= $2,200,000/506667

= $4.34

8 0
4 years ago
A company has a market capitalization of $20,000,000. It has 30% of its market cap sold under preferred stock and 70%
Kruka [31]

Answer: $6,000,000

Explanation:

Hi, to answer this question we simply have to multiply the total market capital of the company (20,000,000) by the percentage under preferred stock (30%) in decimal form.

Mathematically speaking:

20,000,000 x (30/100) = $6,000,000

Feel free to ask for more if needed or if you did not understand something.  

6 0
3 years ago
Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a
hram777 [196]

Answer:

$28,800

$25920

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

2018 = 2/5 x 72,000 = 28,800

Book value = 72,000 - 28800 = 43,200

2019 = 2/5 x 43200 = 17280

Book value = 43200 - 17280 = 25290

3 0
3 years ago
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