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kifflom [539]
3 years ago
13

Fugazi City College sold season tickets for the 2015 football season for $240,000. A total of 8 games will be played during Sept

ember, October and November. In September, two games were played. In October, three games were played. The balance in Unearned Ticket Revenue at October 31 is Group of answer choices
Business
1 answer:
Irina18 [472]3 years ago
4 0

Answer:

$150,000

Explanation:

The computation of the balance in unearned revenue is shown below:

= Total sales revenue for season tickets × remaining games left ÷ total games played

= $240,000 × 5 games ÷ 8 games

= $150,000

The number of remaining games left is

= 2 games played in September + 3 games played in October

= 5 games played

Therefore we apply the above formula

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Western Company is preparing a cash budget for June. The company has $10,100 cash at the beginning of June and anticipates $31,9
Anna71 [15]

Answer:

Borrow $6,300.

Explanation:

The company has $10,100 cash at the beginning of June

and anticipates $31,900 in cash receipts

and $38,300 in cash disbursements during June.

This gives a positive balance of (10,100 + 31,900 - 38,300) $3,700 and

To maintain the $10,000 required balance, during June the company must:Borrow $6,300.

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3 years ago
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Mark runs a small manufacturing business. Which statement hints at the fact that Mark is a transformational leader?
Zolol [24]
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3 years ago
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Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 bil
KiRa [710]

Coca-Cola acquired its bottlers and created a national vertically integrated business operation in 2010. After spending 12.3 billion USD to acquire Coca-Cola Enterprises, its largest bottling partner, it reversed course in 2015 and sold off all its bottling operations. This is an example of a <u>failed diversification effort</u>.

<u>Explanation</u>:

Diversification efforts are taken by the organizations to achieve desired outcomes but sometimes they fail in it. The following are the reason for failure of diversification effort:

- failing to integrate acquisitions

- unable to understand how the acquired organization’s assets would fit with their own lines of business

- paying high premium for the target's common stock

- not acting in best interest of shareholders

The diversification strategy is adopted by many organizations to develop its business. In the above scenario, Coca-Cola Enterprises adopted diversification effort but failed in it.

8 0
3 years ago
Why are differentiation and low cost leadership strategies referred to as generic business strategies? they can be simultaneousl
kumpel [21]
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7 0
3 years ago
Bade Midwifery's cost formula for its wages and salaries is $1,420 per month plus $246 per birth. For the month of October, the
saul85 [17]

Answer:

activity variance =  $984 F

Explanation:

given data

wages and salaries = $1,420 per month

per birth = $246

planned for activity = 107  births

actual level of activity = 103 births

actual wages and salaries = $27,795

to find out

activity variance for wages and salaries

solution

we know wages and salaries cost for October is

wages and salaries Planning budget  = 1420 + ( 107 × 246 )

wages and salaries Planning budget = $27742

and

Wages and salaries  Flexible budget = 1420 + ( 103 × 246 )

Wages and salaries  Flexible budget = $26758

so

activity variance = $27742 - $26758

activity variance =  $984 F

4 0
3 years ago
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