Explanation:
The Journal Entry from July 1 and July 31 is shown below:-
1. Cash Dr, $560
To Deferred revenue $560
(Being cash is received)
2. Deferred revenue $336
To Sales revenue $336
(Being 12 months sales service is recorded)
3. Cost of goods sold $280
To Inventory $280
(Being cost of goods sold is recorded)
4. Deferred revenue ($336 ÷ 12) $28
To Service revenue $28
(Being Deferred service revenue is recorded)
Working Note:-
Cellular service revenue = offer price ÷ total cost of phone and service × cellular service
= (($560 ÷ ($448 + $672)) × $672
= $336
Answer:
The company should increase the number of units she is producing
Explanation:
Since the elasticity of demand for the product is greater than one (1.4), it means the demand for the new drug is elastic, meaning the demand for the new drug is sensitive to price – the higher the price, the lower the quantity demanded and the vice-versa. So the pharmaceutical company should be careful of charging higher than the other competitors.
What the company needs to do to increase its revenue is to produce large quantity of the drug in order to earn higher and gain larger market share and probably economies of scale.
For example, If the company produces 400 units of the drug at $2, the revenue will be $800.
To increase the revenue, the company needs to increase its production.
For example, the increases the production to 500 units at the prevailing price of $2, therefore, the revenue will be $1000
Answer:
professional benefits
Explanation:
Based on the information provided within the question it can be said that this is an example of the professional benefits of listening. Listening to others in the workplace can bring various benefits to the workplace because it allows problems to be voiced and solved which like demonstrated in the question allows for a more relaxed and efficient work team.
Answer: 26.85%
Explanation:
Based on the information given in the question, the firm's cost of internal equity will be calculated as:
Cost of equity = (D1/Current price) + Growth rate
= (4.90 / 26.00) + 8.0%
=(4.9/26) + 0.08
=26.85%
Therefore, the firm's cost of internal equity is 26.85%.
So, the correct option is A, This one is only to see if you're familiar with the schedule variance calculation. To use the SV formula, simply enter the values: SV = EV – PV
What is Schedule variance (SV)?
A project's schedule variance serves as a gauge for whether it is on time or not. It is frequently used in earned value management (EVM) to give project managers an update on the status of the work during the analysis stage. A monetary unit is often used to represent a schedule variance, with negative values used to indicate any delays. The budgeted cost of work performed (BCWP) represents the cost of the actual work completed, whereas the budgeted cost of work scheduled (BCWS) measures the budget for the full project. The schedule variance is the difference between these two numbers.
To learn more about Schedule variance (SV)
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