Answer: Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.
Explanation:
The $32,580 are for 36 months so the amount per month would need to be calculated.
= 32,580/36
= $905
The subscriptions were paid on the 1st of April which means that only 9 months (April to December) of the first year will have revenue recognized for them.
= 905 * 9
= $8,145
Correct entry would be to debit the Unearned fees account as it is a liability that needs to reduce to reflect that fees have now been recognized.
Credit the Fees Earned account to recognize revenue.
Debit Unearned Fees, $8,145; Credit Fees Earned, $8,145.
Answer:
3.13%
Explanation:
The dividend yield refers to the payment by a company to its shareholders for their shareholding divided by current stock price of the company. This is usually expressed as a percentage and can be calculated for this question as follows:
Dividend yield = Dividends per share (DPS) ÷ Market price per share (MPS) = $2.05 ÷ $65.55 = 0.0313, or 3.13%.
Answer:
The correct answer is a) planning
Explanation:
The functional area that tracks resources, collects and analyzes information, preparing incident action plans, documenting incident action plans and maintains documentation is the planning section.
And is supervised for the section chief of this ICS functional area
Answer:
FALSE
Explanation:
According to the BrandZ model, "Bonded" consumers at the lower levels of the pyramid build stronger relationships with and spend more on the brand than those at the top. This is a false statement. True statement is, according to the BrandZ model, "Bonded" consumers at the top level of the pyramid build stronger relationships with and spend more on the brand than those at the top. This bonding is created in the very last step which is the ultimate result of the
Presence
Relevance
Performance
&
Advantage step, therefore the order becomes this:
Presence
Relevance
Performance
Advantage
&
Bonding.
Answer:
Estimated manufacturing overhead rate (Meeting with clients)= $170 per hour
Explanation:
Giving the following information:
Activity Cost Pool - Total Cost - Total Activity
Researching legal issues $ 22,130 and 750 research hours
Meeting with clients $ 1,270,410 and 7,473 meeting hours
Preparing documents $ 93,490 and 5,850 documents
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate (Meeting with clients)= 1,270,410/7,473= $170 per hour
