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yaroslaw [1]
3 years ago
7

Neakanie Industries sells specialized mountain bikes. Each specialized bike purchased includes free maintenance service for 12 m

onths. The price of the specialized bike is $1,400. When sold separately, a maintenance contract is $600 and a comparable but non-specialized bike is $1,000. What amount of revenue will Neakanie recognize at the date of sale for each bike?
Business
1 answer:
Ede4ka [16]3 years ago
6 0

$875 is the amount of revenue that will be recognized.

<u>Explanation:</u>

Entire price for specialized bike will be appropriated in the ratio of individual prices of the non- specialized bikes and the maintenance contract.

The following calculation is made to calculate the revenue from the sale of a bike:

= 1400 multiply with  (1000 divide by 1600)

After solving the above equation we get,

= $875  will be recognized by Neakanie at the date of sale.

Hence, the correct option will be with an amount of $875

Note: a maintenance contract is $600 and a comparable but non-specialized bike is $1,000 when added sums to $1600 amount.

 

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Answer:

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For computing the required initial investment we considered the following information

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in mathematically,

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4 years ago
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Lindsey holt owns stock in the galloway gems company. she knows in advance that the dividend on this stock is a $1.50 per share.
solniwko [45]

According to the given statement Lindsey holt purchased preferred stock.

The correct option is B.

<h3>What is the preferred stock?</h3>

Preferred stock, which is a component of share capital and is commonly referred to as a combination indicator, is an asset that has any combination of features that common shares does not, such as those of an equity and a promissory note.

<h3>How do preferred stocks work?</h3>

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To know more about preferred stock visit:

brainly.com/question/15078323

#SPJ4

I understand that the question you are looking for is:

Lindsey Holt owns stock in the Galloway Gems Company. She knows in advance that the dividend on this stock is a $1.50 per share and that it is a promised or contractual and constant dividend . Given this, you know for sure that she purchased which type of stock?

A. Green chip

B. Preferred

C. Penny

D. Uncommon

E. Growth

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D) were highly likely to be in their lower-achieving group.

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So it shouldn't be a surprise that managers who support theory X are underachievers.

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