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Lapatulllka [165]
3 years ago
12

On April 1, Griffith Publishing Company received $1,548 from Santa Fe, Inc. for 36-month subscriptions to several different maga

zines. The subscriptions started immediately. What is the amount of revenue that should be recorded by Griffith Publishing Company for the first year of the subscription assuming the company uses a calendar-year reporting period?
Business
1 answer:
marshall27 [118]3 years ago
8 0

Answer:

$387

Explanation:

According to the calendar year, the amount of revenue recognized for the first year would be for 9 months i.e from April 1 to December 31

So, the revenue recognized amount is  

= Received amount × number of months ÷ total number of months given

= $1,548 × 9 months ÷ 36 months

= $387

Since the amount is given for 36 months but we have to consider for 9 months only and the same is to calculated above.  

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Sectoral shifts, frictional unemployment, and job searches Suppose the world price of steel falls substantially. The demand for
TEA [102]

Answer:

fall

rise

frictional

b. Improving a widely used job-search website so that it matches workers to job vacancies more effectively

Explanation:

A fall in the price of steel would reduce the profitability of producing steel for steel producing companies. Hence, the supply of steel would fall. as a result, less labour would be needed, so the demand for labour would fall.

A fall in the price of steel would reduce the cost of producing cars and thus increase the production of cars. as a result, more labour would be employed to make cars.

Frictional unemployment is when labour is unemployed between the time he leaves his current employment and time he finds another. by improving on the job search website, workers would be matched faster with available jobs, this frictional unemployment would decrease.

7 0
3 years ago
The fiscal policy that involves reducing government spending, reducing transfer payments, or raising taxes to decrease aggregate
Zepler [3.9K]
The correct option is C.
Fiscal policy refers to the method that the government use to adjust its spending levels and tax rates in order to monitor and influence the nation's economy. Fiscal policy are divided into three types, these are: neutral, expansionary and contractionary fiscal policy.  A contractionary fiscal policy is one which occurs when a government lowers its spending and increase the tax rate<span />
3 0
3 years ago
Natalle's parents keep pushing her to find a job, but she has not had much luck. She spends her time searching the Internet for
gizmo_the_mogwai [7]

Answer:

C

Explanation:

So what we can infer is that Natalle is really lazy when looking for a job. Now, we can also infer that her friends and her parents push her to get a job, but she will not go, which is why she rarely goes to interviews for one. When she does, however, just as mentioned here, she showed up half an hour late. So, I am not saying that she should blame her friends for herself being late, but out  of all of the choices, this seems the most logical for the following reasons:

A- Her Friends Have Jobs (Wrong)

B- Person-blame happens ALL of the time, not rarely. (Wrong)

C- The only logical answer (still not ok to blame people) (Correct)

D-There is plenty of info. (Wrong)

7 0
3 years ago
The records for the Clothing Department of Metlock’s Discount Store are summarized below for the month of January. Inventory, Ja
Leviafan [203]

Answer:

$83,300

Explanation:

Total at retail:

= Beginning inventory + Purchases - Purchase return + Transfers in from suburban branch

= $24,800 + $136,600 - $3,000 + $13,000

= $171,400

Ending inventory at retail:

= Total at retail + Net markups - Net markdowns - (sales - sales return) - Normal shortage

= $171,400 + $8,100 - $3,900 - ($94,300 - $2,500) - $500

= $171,400 + $8,100 - $3,900 - $91,800 - $500

= $83,300

7 0
4 years ago
g Haack Inc. is a merchandising company. Last month the company's cost of goods sold was $84,000. The company's beginning mercha
Mrac [35]

Answer:

Cost of goods purchased= $82,000

Explanation:

Giving the following information:

Last month the company's cost of goods sold was $84,000. The company's beginning merchandise inventory was $20,000 and its ending merchandise inventory was $18,000.

We know that:

Cost of goods purchased= cost of goods sold + ending inventory - beginning inventory

Cost of goods purchased= 84,000 + 18,000 - 20,000= 82,000

6 0
3 years ago
Read 2 more answers
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