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Gennadij [26K]
3 years ago
5

QRT Co. received $1,560 advance from Zync Inc. as rent for the use of a building owned by QRT Co. How does this transaction affe

ct QRT's accounts if QRT recognizes a liability on receipt of the rent?
Business
1 answer:
Serhud [2]3 years ago
7 0

Answer:

a.Cash is increased, and unearned rent is increased.

Explanation:

Since in the question, it is mentioned that QRT Co. received $1,560 advance from Zync Inc. for the building use.  

We know that the cash is received which increases the cash balance but the service is not provided so it would become a liability and recorded as unearned rent.  

The unearned rent is increased which show under the current liability side of the balance sheet

Hence, both cash and unearned rent is increased

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If the Synyster Corp. has an ROE of 21 percent and a payout ratio of 20 percent, what is its sustainable growth rate?
Lynna [10]

Answer:

20.19%

Explanation:

The computation of the sustainable growth rate is shown below:

The Sustainable growth rate is

= (return on equity × b) ÷ (1 - (Return on equity × b))

= (0.21 × (1 - 0.20) ÷ (1 - (0.21 × (1 - 0.20)))

= 0.168 ÷ (1 - 0.168)

= 0.168 ÷ 0.832

= 20.19%

basically we applied the above formula to determine the sustainable growth rate

6 0
3 years ago
Due to growing demand for computer software, the Shine Company has had a very successful year and expects its earnings per share
suter [353]

Answer:

A. $66

Explanation:

The price of the company's common stock can be determined by multiplying the industry's price/earning ratio by the earnings per share. If the price/earning ratio is 12, and earnings per share are $5.50, the stock price is:

P=12*\$5.50\\P=\$66

Therefore, the answer is alternative A. $66.

3 0
4 years ago
Kandew Electronics requires all employees who work as research specialists in its electrical engineering department to have a mi
Gemiola [76]

Option D, The given educational requirement would most likely be stated in the job specification  for this position.

<u>Explanation: </u>

A job description is a written account that specifies the duties and obligations of a work, or other related functions.

A written statement of requirements for jobs, professional training, experience level, physical, mental, technological and interpersonal skills required to carry out employment, activities involved in a job and other unique sensory demands is also known as workplace criteria.

The criterion for an applicant is a definition of abilities, expertise, experience, knowledge and other qualities that a candidate will obtain (selection criteria) in order to fulfill the tasks. The definition of the work should be extracted and the basis for the hiring process.

4 0
3 years ago
come here if we can be freinds im a girl im 14 i like being freinds with boys and girls ill give brainleist to whoever wants to
natita [175]

Answer:

ur my fren now ΔωΔ

Explanation:

cuz u asked

8 0
3 years ago
Read 2 more answers
Euler Company made an inventory count on December 31, 2014. During the count, one of the clerks made the error of counting an in
Tpy6a [65]

Answer:

C

Explanation:

Euler Company made an inventory count on December 31, 2014. During the count, one of the clerks made the error of counting an inventory item twice. For the balance sheet at December 31, the effects of this error are overstated no effect overstated

This means the asset is overstate, no effect on liabilities and Euler Company 's equity is overstated

6 0
3 years ago
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