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Olegator [25]
3 years ago
13

Read the following sources and decide which have characteristics of reliable and unreliable information.

Business
1 answer:
TiliK225 [7]3 years ago
6 0
Where’s the options?
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$1,000 of cash was received in advance of performing services. By the end of the period, $300 had not yet been earned. (The Unea
adelina 88 [10]

Answer:

C. Unearned revenue would be debited for $700.

E. Service revenue would be credited for $700.

Explanation:

As we recieve the payment in-advance we take the obligation to perform our duties with the customer.

Therefore it is unearned revenue (liability)

at year-end there is a portion which is still unearned by the amount of 300 dollars Hence, the difference was earned: 1,000 - 300 = 700

we will decrease our liability against the customer and recognize the revenue by crediting service revenue.

8 0
3 years ago
Antonia Clark, the Senior Marketing Manager of Tough Mudder, talks about how operations teams, creative teams, and merchandising
Dmitrij [34]
It would be a functional team effort
6 0
3 years ago
Give an example of 3 wants of businesses and describe WHY they are wants
Lemur [1.5K]
A want is something which we would like but do not need to survive. Humans have five basic needs: food, water, shelter, warmth, and clothing. ... Products are launched to fulfill the needs and wants of the consumers in the business's target market. A market is defined as a place where buyers and sellers meet.
7 0
3 years ago
The 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additio
Tju [1.3M]

Answer:

$80,000

Explanation:

The  \ expression \  for \  calculating \  cash  \ flow  \ to  \ stockholders \ is:

Cashflow  \ = \  Dividend  \ paid  \ during \  the \  year  \ -  \ change  \ in  \ t he \  value  \ of \  common  \ stock  \ during \  -  \ change \ in \ value \  of \ stock \ in \ the  \ previous \  yearHere;

Change \  in \  value  \ of \  Common  \ stock \ during  \ the  \ year \ = \ Value \ of \  Common \ stock \  of  \ the  \ Curren t \ Year -  Value\  of  \ Common  \ stock  \ of  \ the \ Previous \  Year

Change   \ in  \ valu e \  of  \ Additional \  paid  \ in  \ surplus \  account \  during  \ the \  year =

Value  \ of  \ Additional \ paid  \ in \  surplus \ account \ o f \  the  \ Current \  Year \ - \ Value \  of \ Additional \  paid  \ in \ surplus \  account \  of \ th e \ Previous \  Year

From the information given:

Dividend \ Payment  \ during \  the \  year 2020 = $320000

Value \  of  \ stock \  in \  current  \ yr= i.e. 2020 = $570000

Value \ of \ stock \ in \ previoius \ yr = i.e. 2019 = $530000

Change = $570000 - $530000 = $40,000

Value  \ of \  Ad ditional \  paid-in  \ surplus   \  acct  \ of    \ the  \ current  \ year = $2,500,000

Value  \ of \  Ad ditional \  paid-in  \ surplus   \  acct  \ of    \ the  \ previous  \ year = $2,300,000

Change = $2,500,000 - $2,300,000  = $ 200000

∴

By  \ using \  the  \ above \  information \ in \  the \  formula  \ for  \ calculating  \ the  \ cash  \ flow \ to

\ stackholder, \  we \ get:

= $320000 - $40,000 - $ 200000

= $80,000

4 0
3 years ago
Hey umm sorry If I distracted you, but there's two outfits I really like *like a lot* but can only buy one, can y'all help me de
Slav-nsk [51]

Answer:

there not really my style! but i say #1 :) have a great day gorgeous.

Explanation:

4 0
3 years ago
Read 2 more answers
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