Answer and Explanation:
The Journal entries are shown below:-
1. Cash Dr, $19,200,000
To Deferred revenue $19,800,000
(Being receipt of cash for gift cards is recorded)
2. Deferred revenue Dr, $12,200,000
To Sales revenue $12,800,000
(Being revenue recognized from the redemption of gift cards is recorded)
3. The computation of ending balance in Deferred revenue is shown below:-
Ending balance in Deferred revenue = Sold apples - Redeem amount of the gifts
= $19,200,000 - $12,200,000
= $7,000,000
OPTIONS:
A. economic feasibility
B. legality
C. ethicalness
D. practicality
E. functionality
Answer:
C. ethicalness
Explanation:
Ethicalness as to do with the quality of how morally right a a course of action is. It borders on principles of morality. As stated in the question above, it is already a known fact that the toy has a risk of malfunctioning which could most likely cause injury to the user. Going ahead to launch s toy that can cause injury is morally not right, even though the toy met the set industry standards. We can imply that ethicalness was ignored by the company executive in the decision making.
The most widely used method of job analysis for determining the duties and responsibilities of a job is the <span>interview method.
Interview method involves direct interaction between employers and the applicants. It allows the employers to gauge applicant's personality and interest in the job</span>
Answer:
Not completely sure but i believe Corporate wellness?
Explanation:
The cost of the car after 5 years from then, will be $15652.99.
Given here, the depreciation every year(r) 7% or 0.07per year, asset cost (of the car) is $22,500 and time period (n) is 5 years.
The value after 5 years can be calculated as,
Depreciated value = asset cost ×(1-r) n
= 22500 × (1-0.07) 5
= 15652.99$.
Thus, the car worths 15652.99$ after 5 years.
The worth of an asset after its useful life is expired, as it is diminished over time by depreciation, is its depreciated cost. The asset’s worth is continuously diminished by figuring out how much it will cost to depreciate it, but the depreciated cost technique always permits accounting records to represent an item at its current value.
Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life.
To learn more about Depreciation, refer this link.
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