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Andrej [43]
3 years ago
10

What order do they go in

Business
1 answer:
Nataly [62]3 years ago
5 0
National ffa
business professionals
skillsusa
health occupations
family career and community leaders
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In December 2017, Quebecor Printing received magazine subscriptions for 2018 from a customer, who paid $220 in cash. What would
sergejj [24]

Answer:

Cash                                                   Debit       $ 220

Subscriptions received in advance  Credit                     $ 220

Explanation:

The most appropriate journal entry would be by debiting cash with $ 220 since cash has been received.

The credit account would be Subscriptions received in advance since the magazines have to be delivered in 2018 and the revenue has not been earned at the time of collections. This would be classified  in the balance sheet under current liabilities.

3 0
4 years ago
Sheridan Corp. is a fast-growing company whose management expects it to grow at a rate of 26 percent over the next two years and
Nady [450]

Answer:

Year 1 dividend $2.709

Year 2 dividend $3.413

Year 3 dividend $4.096

Year 4 dividend $4.915

Year  5 dividend $5.898

The present value of the dividends is $ 13.74  as contained in the attached.

Explanation:

The dividend for the 1st year is calculated thus:

DIV1=DIV0*(1+r)

r is the growth rate

DIV1=$2.15*(1+0.26)

DIV1=$2.709

The dividend for the second year is calculated thus:

DIV2=$2.709 *(1+0.26)

DIV2=$3.413

The dividend for year 3 is calculated thus:

DIV3=$3.413*(1+0.2)

DIV3=$4.096

The dividend for year 4 is calculated thus:

DIV4=$4.096*(1+0.2)

DIV4=$4.915

The dividend for year 5 is computed thus:

DIV5=$4.915*(1+0.2)

DIV5=$5.898

Download xlsx
7 0
4 years ago
When preparing a statement of cash flows using the indirect method, each of the following should be classified as an operating c
pogonyaev

Answer:

C. Proceeds from the disposal of a long-term asset with no gain or loss.

Explanation:

Operating activities: it involves those transactions that after net income written impact the working capital. It would subtract the rise in current assets and a reduction in current liabilities, while adding the decline in current assets and an increase in current liabilities.  

It would adjust the changes in working capital. In addition, the depreciation expense adds to the net revenue. And the loss on asset sales is added, while the gain on asset sales is deducted

8 0
4 years ago
Most four year colleges want an applicants scores for all of the following except
zmey [24]

Answer:

I think it is IQ.

I'm not 100% sure

Explanation:

5 0
3 years ago
Describe the unique challenge marketers face when attempting to use differentiated marketing for different cultures and ethnicit
Strike441 [17]

Answer:

There could be many challenges marketers can face when attempting to use differentiated marketing for different cultures and ethnicity. Each and every culture has its own norms, value, ethics, rituals and language which is different from other culture. Markets when going for the differentiated offerings then they must take care of those differences as well. For example, in Saudi Arab, you can't put female pictures on your packaging. Beef burgers can't be sold in India, which was done by McDonald's and they had to face quite strong resistance. Therefore, when marketers go for the differentiated marketing in different cultures, they must be aware of the norms and values of that culture.

3 0
4 years ago
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