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liubo4ka [24]
3 years ago
5

Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specified a delivery d

ate of March 1. The equipment was not delivered until March 31. The contract required full payment of $75,000 30 days after delivery. The revenue for this contract should be:
Business
1 answer:
geniusboy [140]3 years ago
6 0

Answer:

recognized on March 31 after the delivery of the equipment

Explanation:

Revenue is recognized once the recognition criteria is met. These criteria includes;

  • the cost of the item sold can be measured reliably
  • the items has been delivered or the service has been rendered

Given that the contract specified a delivery date of March 1.

The equipment was not delivered until March 31 and as such, the revenue for the contract should be recognized on March 31 after the delivery of the equipment.

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Juggernaut Satellite Corporation earned $18 million for the fiscal year ending yesterday. The firm also paid out 30 percent of i
Rudik [331]

Answer:

The required rate of return on the stock is 12.26%

Explanation:

Required rate of return =  r= D1/P0+ g

First we need to find out the divident paid in one year (D1) and the dividend growth rate (g).

Dividend per share = (Net income × Payout ratio) / No. of Shares outstanding

= ( 18,000,000 * 0.30) / 2,000,000

Dividend per share= $2.7.

Now we will find out the divident growth rate,

g= ROE * b

g = 0.13 * 0.70

growth rate = 9.1%.

Now we have all the data to find out the required rate of return by r= D1/P0+ g,

r = 2.7(1+0.091) / 93 + 0.091

r = 0.1226 or 12.26%

---> we used D1= 2.7(1+0.091) because we have to find the value of dividend paid in one year.

6 0
3 years ago
Read 2 more answers
A consumer price index of 160 in 1996 with a base year of 1982minus−1984 would mean that the cost of the market basket A. equale
timurjin [86]

Answer:

The answer to the question is option <em>"A," which states that the cost of the market basket equaled​ $160 in 1996</em>

Explanation:

<em>Currently, the reference base for most CPI indexes is 1982- 84=100 but some indexes have other references bases. The reference base years refer to the period in which the index is set to 100.0. In addition, expenditure weights are updated every two years to keep the CPI current with changing consumer preferences.</em>

8 0
3 years ago
Read 2 more answers
If it takes a fan 20 minutes to walk to her seat in the last section in the stadium and it takes 5 minutes to get to the lowest-
jenyasd209 [6]
The last section in the stadium
 t1 = 20min
 the lowest-level
 t2 = 5min
 The average between those two sections of the stadium to find a seat is:
 A = (t1 + t2) / (2)
 A = ((20) + (5)) / (2)
 A = (25) / (2)
 A = 12.5min
 Answer:
 The average time to find a seat in these two sections at the stadium is
 12.5min
5 0
3 years ago
A broker-dealer is physically located and registered in State A. The broker-dealer has an existing client in State A who is a st
mars1129 [50]

Answer:

D) The broker-dealer must be registered in State B in order to contact the client while she is in medical school in State B

Explanation:

Since the client will live in state B for an extended period of time, at least 4 years if she completes medical school, the broker-dealer must be registered in state B if he wishes to continue doing business with her.

If the client would have only gone to state B for a few months, then the broker could have still worked with her without registering in state B since the client could be considered on a vacation trip.

7 0
4 years ago
Will a u.s. treasury bill have a risk premium that is higher than, lower than, or the same as that of a similar security (in ter
aleksklad [387]

A U.S. Treasury bill will have a lower risk premium since U.S. government-issued securities are usually considered to be default free.

In comparison to a company bond with a Baa rating, a company bond with a score will have a higher risk premium on its interest. While compared to corporate bonds with a Baa rating, the C grade bond has a higher default risk, which reduces demand and increases interest rates.

The equity risk premium enables to set portfolio go back expectancies and decide asset allocation. A better top rate implies that you might make investments a greater percentage of your portfolio into shares. Capital asset pricing also relates a inventories anticipated go back to the equity premium.

Learn more about company here: brainly.com/question/24448358

#SPJ4

7 0
2 years ago
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