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
baherus [9]
3 years ago
10

Starbucks Corporation is the premier​ roaster, marketer, and retailer of specialty coffee in the​ world, operating in 68 countri

es. Starbucks generates revenues through​ company-operated stores, licensed​ stores, and consumer packaged goods. In​ 2015, revenues from​ company-operated stores accounted for​ 79% of total revenues. Starbucks states that its retail objective is to be the leading retailer and brand of coffee and tea by selling the finest quality​ coffee, tea, and related products. In​ addition, the company strives to provide the Starbucks Experience by exemplifying superior customer service and providing clean and​ well-maintained stores. Part of this experience involves providing free internet service to customers while they are enjoying their food and beverages. Read the requirementsLOADING.... Requirement 1. How would the cost of internet service be reported by Starbucks and on which financial​ statement? The cost of internet service would be reported by Starbucks as
Business
1 answer:
aliya0001 [1]3 years ago
4 0

Answer:

Even though the information is not complete, all that we need is included in the question. Starbucks provides free internet service to their customers as part of the Starbucks Experience, therefore, the cost of providing free internet must be reported as an operating expense on the income statement. This cost must be treated similarly to any other operating expense, e.g. cleaning expenses, wages, insurance expense, etc.

You might be interested in
Company xyz offers a group term life insurance plan to its employees what does each employee covered
Hitman42 [59]

Answer: certificate of insurance

6 0
2 years ago
Roberta's monthly bank statement says that she has a balance of 386.29, but Roberta's check register says that her balance is 37
harina [27]

Answer:

d.

I and IV

Explanation:

4 0
3 years ago
Read 2 more answers
On september 1, 2018, fortune magazine sold 660 one-year subscriptions for $74 each. the total amount received was credited to d
Dafna1 [17]
The Company recorded 660 x 74 = $48,840 in deferred revenue. This is a liability account that means they still owe the service or good which they have been paid for. 
Every month, the company records an adjusting entry, recognizing one twelfth of the 48,840, 4,070, because they have earned another month of that deferred revenue by providing the magazine. 
The journal entry on December 31, 2018, will be
Deferred Revenue  4,070
         Revenue                 (4,070)
If this is the first time they've made the entry, then they will recognize earned revenue for Sep, Oct, Nov and Dec, 
Deferred Revenue 16,280
         Revenue                 (16,280)
3 0
3 years ago
What are the primary advantages to owning a franchise?
Volgvan

Answer:

Explanation:

Owning a franchise has the following main advantages:

1) A franchise owner gets valuable help throughout the lifespan of the business. Upon acquiring a franchise, the business owner receives a continuous training and assistance necessary for marketing and management.

2) Owning a franchise comes with a low rate of failure. A franchise comes with an established business concept that is already successful in the market which assures the owner of better chances of success compared to starting up an independent business.

6 0
3 years ago
Read 2 more answers
The Red Bud Co. pays a constant dividend of $2.00 a share. The company announced today that it will continue to do this for anot
kiruha [24]

Answer:

<u>Share of this stock worth today if the required rate of return is 7.6 percent is $3.59</u>

Explanation:

stock worth today = 2/1.076 + 2/1.076^2

stock worth today = $ 3.59

4 0
3 years ago
Other questions:
  • E15 3B (L0 1) (Stock Issued for Land) Twenty thousand shares reacquired by Sierra Land Inc. for $153 per share were exchanged fo
    6·1 answer
  • What is infomercial​
    7·2 answers
  • Blossom Co. has a capital structure, based on current market values, that consists of 30 percent debt, 3 percent preferred stock
    5·1 answer
  • At the beginning of 2017, Wertz Construction Company changed from the completed-contract method to recognizing revenue over time
    6·1 answer
  • Suppose the price of a ticket to a Lenny Kravitz concert is $41 and at that price, the quantity of tickets demanded is 17,000 pe
    11·2 answers
  • Ted and Lisa are selling their home and have signed a listing agreement. Client or customer? Steven visits Ted and Lisa's open h
    6·1 answer
  • Zero Zone,Inc.manufactures and sells display refrigeration and freezer units to supermarkets.The manufacturer is successful beca
    6·1 answer
  • {20 pts}
    14·1 answer
  • Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Div
    11·1 answer
  • Berry company is an architectural firm located in detroit, michigan. the company works with small and medium-size construction b
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!