Answer:
$24,000
Explanation:
Since in the question it is provided that there is a sale value of the videos to its customers i.e. $24,000 also the collection is of $22,000 and the remaining balance i.e. $2,000 is expected to collect in Jan 2020
Based on the above information, the revenue should be reported on the income statement at the $24,000 as this amount represent the sale value of the videos to its customers and hence, the same is to be considered
Hence, 24,000 would be reported as a revenue in the income statement
Answer: a footnote
Explanation: Cumulative preferred dividends refers to the dividends that are outstanding from the company's side. The company have the obligation to pay such dividends before any payment is made to the common stockholders of the company.
Although it is an obligation to the company, it is recorded in the footnotes of the balance sheet of the company for the year as it is considered as a secondary information.
The correct answer to this open question is the following.
Unfortunately, you did not attach the "questions below." So we do not know what they are or what they say.
However, trying to help, we can comment on the following.
The good I am most familiar with is oil because my father works in the oil industry.
Oil has an enormous economic utility because it literally "moves the world." Oil is used in almost every industry. We use it on a daily basis. First of all, we use gasoline in our cars. We use gas in our homes. Hotels, corporations, public service buildings use gas or gasoline in different forms.
Oil companies are one the most powerful industries in the world. Companies such as British Petroleum, Exxon, Mobile, Shell, and many others, are dominant industries in most of the countries. Some economies are based on oil and its fluctuant price.
Although governments are trying to move on and use alternative forms of energy that protect the environment, oil is still the most important form of energy on planet Earth.
Answer:
price level fall and value of money is rises
Explanation:
given data
one year basket costs = $10.00
two year two basket costs = $9.00
one year buy baskets = $50
year two,buy baskets = $50
to find out
as the price level falls, the value of money will be
solution
we see that when we compare to 1 year price go down from $10 to $ 9
so deflation at annual rate is = 10%
so here
sum of $50 will be buy here = = $5 in one year
and $ 50 buy in 2 year is = = $5.56 in two year
so this is show here that price level fall and value of money is rises
Answer:
The correct answer is $15.69.
Explanation:
According to the scenario, computation of the given data as follow:-
We can calculate the cupcake sold by the dozen by using following formula:-
Cost for a dozen cupcake = Direct material + Direct labor + Factory OH
Where,
Direct material = 4.25 × $0.56 = $2.38
Direct labor = 1.10 × $8.30 = $9.13
Factory overhead = 1.10 × $3.80 = $4.18
By putting the value in the formula, we get
= $2.38 + $9.13 + $4.18
= $15.69