Answer:
a. they are separate performance obligations
normal price of annual membership = $1,140
one yer enrollment in yoga = $600 x (30% - 10%) = $120 x 50% = $60
total $1,200
% of price allocated to:
annual membership = ($1,140 / $1,200) x $1,100 = $1,045
discount voucher = $1,100 - $1,045 = $55
b. the journal entry should be
Dr Cash 1,100
Cr Unearned revenue, membership fees 1,045
Cr Unearned revenue, discount voucher 55
2002 Alan cocoa so 20 characters is dodo
Answer: The amount of cash provided by operating activities is $179,600.
Explanation:
<u>Statement of cash flows for the company</u>
Net income $210,600
Add Depreciation expense 27,000
Add Loss on sale of equipment 1,800
Increase in Accounts receivable (16,900)
Increase in Inventory (41,700)
Decrease in Prepaid expenses 5,000
Decrease in Accounts payable (6,200)
Cash flows fron operating activities $179,600
Answer and Explanation:
The following are the examples:
1. Effect on the big deficit or the public debt crisis: It involves the present eurozone crisis, in this the rate of interest and the exchange rate would be effected
2. The monetary system i.e. international would be under scrutiny. As if there is an increase in the renminbi of chinese so the outlook of the would be varied on the currencies i.e. reserved, currency exchange, etc
3. Many of the countries would continue the balance of payment that represent the country would import more goods, services as compared with the exports that would become dangereous
4. The ownership, the framework of the government would be varied over the globe
