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Natali [406]
3 years ago
12

The deferred revenue account typically has which type of normal balance?

Business
1 answer:
Lubov Fominskaja [6]3 years ago
4 0

Answer:

b. Credit

Explanation:

Deferred revenue represents the revenue not earned, basically any advance payments received from customers, for which no goods are supplied or no services are provided yet.

Accordingly the company stands liable for such amount and shall repay in terms of goods or services, meanwhile this is shown as a liability in the balance sheet.

As liabilities has credit balance, deferred revenue also has credit balance.

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Explanation; A product is said to have reach its saturation point if such a product is no longer generating new demands due to factors such as competition, decreased need, obsolescence, etc.

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Hemmer Company reported net income for 2016 in the amount of $43,000. The company's financial statements also included the follo
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Answer:

C. $49,600.

Explanation:

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A company’s total monthly sales (in millions of dollars) t months from now are given by:
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Answer:

a) \frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3

b) S(4) = 0.5*(4^2) +3(4) -5=15 million

c) For this case we have the total sales $ 15 millions after t =4 months

d) S'(4) = 4+3 = 7 million

e) This value represent the increase in the amount of sales in millions after t=4 months

Explanation:

For this case we have the following function for the sales

S(t) = 0.5 t^2 +3t -5

Part a          

For this case we want to find the derivate of S respect to t and we got:

\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3

Part b

For this case we want to find the value of S when t = 4 so if we replace we got:

S(4) = 0.5*(4^2) +3(4) -5=15 million

Part c

For this case we have the total sales $ 15 millions after t =4 months

Part d

For this case we just need to replace t=4 in the derivate and we got:

S'(4) = 4+3 = 7 million

Part e

This value represent the increase in the amount of sales in millions after t=4 months

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