Answer:
The adjusting entry at the end of January:
Debit Unearned revenue: $480
Credit Revenue: $480
Explanation:
When recceived $600 on January 15 from customer, the company must record:
Debit Cash: $600
Credit Unearned revenue: $600
because all lessons are not provided by the company, the company can't recording revenue.
On January 31, the company provided 8 lessons, so the company must recording revenue for these lesson (8x$60=$480) by adjusting entry.
The Superdry Brand is capability of supergroup would be considered costly to imitate.
What is Superdry brand known for?
- The Superdry brand is owned by Superdry plc, a UK-based clothing manufacturer.
- Superdry items merge Japanese-inspired graphics with vintage American styling. On the London Stock Exchange, it is traded.
What is Superdry brand personality?
- The Superdry brand is dedicated to unrelenting innovation and is completely fixated on design, quality, and fit.
- The company creates footwear, accessories, and clothing that is both affordable and of the highest quality.
- Superdry's distinctive mission is to make our customers feel fantastic while they wear our clothing.
Learn more about Superdry brand
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The channel of distribution consists of Marketing intermediates , who provide transportation and storage of goods as they are distributed from producers to ultimate consumers.
Answer:
$544.265
Explanation:
Given:
FV = $1,000
Yield to maturity = 5.2%
N = 12 years
Required:
Find the value of the zero coupon bond.
Use the formula:
PV = FV * PVIF(I/Y, N)
Thus,
PV = 1000 * PVIF(5.2%, 12)
= 1000 * 0.544265
= $544.265
The value of the zero coupon bond is $544.3
Answer:
1) many buyers and sellers, (2) free entry and exit
Explanation:
A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services. There are free entry of firms into and out of the industry. Firms set the price for their products. Buyers and sellers do not have perfect information. In the long run, monopolistic competition make zero economic profit.
A pure competition is characterised by many buyers and sellers of homogenous goods and services. Buyers and sellers have perfect information. There are no barriers to entry or exit of firms in the industry. Market price is set by the market forces. Firms make zero economic profit in the long run.
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