Answer:
Vail Journal entries
Oct 1,2021
Dr Cash 100,000
Cr Deferred Revenue 100,000
December 31,2021
Dr Deferred Revenue 20,000
Cr Sales Revenue 20,000
January 2022
Dr Deferred Revenue 30,000
Cr Sales Revenue 30,000
February 2022
Dr Deferred Revenue 25,000
Cr Sales Revenue 25,000
March 2022
Dr Deferred Revenue 15,000
Cr Sales Revenue 15,000
Explanation:
Deferred revenue are can be seen as the amount of money which is been earned for good and service which are yet to be delivered which is why it is often recorded as a liability until the delivery of good and service has taken place in which it will then be converted into revenue or asset.
Sales revenue can be seen income which is been received by a company or organisation for service rendered.
Answer: Option C
Explanation: The unemployment rate refers to the proportion of the unemployed workforce, calculated as a percentage.
This is considered as a lagging indicator, which means this normally goes up or down in the midst of response to changing circumstances instead of predicting them. The unemployment rate could be expected to increase when the economic situation is in bad condition and job opportunities are scarce.
In order to evaluate the jobless rate, the amount of unemployed individuals is measured by the number of working and unemployed individuals in the total labor force.
Answer: Assuming no other changes to Retained earnings, the balance in the Retained earnings account at the end of the year would be: $123000.
Explanation: First we must calculate the accumulated earnings to date with the equity equation: Assets = Liabilities + Equity
We know that equity is made up of capital + retained earnings.
If the asset is 195,000, the Liability 15,000 and the capital 60000
195000 = 15000 + 60000
195000 = 75000
195000 - 75000 = Retained earnings
$ 120000 = Retained earnings.
The result of the year is Income - expenses
226000 - 175000 = $ 51000.
Then the company's total earnings are retained earnings + Profit for the year = 120000 + 51000 = 171000.
We subtract the distribution of dividends and obtain the balance of the retained earnings account: 171000 - 48000 = $123000.
Answer:
b. 7.60 percent.
Explanation:
Dividend yield = expected return - dividend growth rate
- expected return = 13%
- dividend growth rate = 5.4%
dividend yield = 13% - 5.4% = 7.6%
Dividend yield is a financial metric that measures the rate of return that a stockholder receives every time a dividend is distributed. You can also calculate it by dividing dividends received by stock price.
A monopoly is like a patent; It's good if you own one because you can control something and be the only person who makes money off of it.
It's bad because it defeats competition between other competing companies, and prices will go up
It's even worse when you consider what would happen if a dozen people or two monopolize the whole world. Then no one else would make money
Hope this helps!