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ad-work [718]
3 years ago
13

Zenephia Corp. accepted a 9-month note receivable from a customer on October 1, 2019. If Zenephia has an accounting period which

ends on December 31, 2019, when would it most likely recognize interest income from the note?A) December 31,2019, and june 30,2020B) October 1,2019C) December 31,2019,onlyD) June 30,2020,only
Business
1 answer:
salantis [7]3 years ago
4 0

Answer:

A) December 31,2019, and june 30,2020

Explanation:

According to accrual the income that is realized and expenses that are accrued must be recorded. Matching concept requires that the income should be recorded in the same period in which the expenses against it incurred and recorded.

First an adjusting entry will be recorded on the year end December 31,2019 to recognize the interest income of 3 months from October to December 2019. In next period at the time of Note maturity the remaining income of 6 months from January 1, to June 30,2020.

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The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
Sedbober [7]

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

8 0
3 years ago
A coffeemaker manufacturing company is planning a new coffeemaker that features 12 cup sizes, five brew strengths, three auto-ti
marta [7]

Answer:

Feature fatigue.

Explanation:

Feature fatigue is an inclination for buyers to avoid products that seem, by all accounts, to be feature-rich. It is a cutting edge wonders that has happened because of the blast in the quantity of features stuffed into products and services.

8 0
3 years ago
Countries with high rates of economic growth tend to have
Romashka-Z-Leto [24]

Answer: A labor force that is more productive

Explanation:

  According to the given question, a good productive labor force helps in producing the various types of products and the services in the market and also maintain the economical growth of the country.

 The high rates of the economical growth are tends to have a labor force which is more productive as it helps in supplying the finished goods and the services according the demand and the requirement of the customers.

The high productivity helps in increase the economical growth of an organization and also increase the umber of employment in the country.      

 Therefore, the given answer is correct.    

   

7 0
3 years ago
Advertising sales agents typically work under the direct supervision of a manager or supervisor.
wolverine [178]

Advertising sales agents typically work under the direct supervision of a manager or supervisor. True.

Initally, an advertising sales agent works under the direct supervision of a manager or supervisor. They are trained and coached by those who are experienced in the field. Once the sales agent has completed a set amount of hours (based on different agency requirements) they are no longer required to complete check-ins as often. These sales agents are then on their own most of the time by setting their own hours for work as long as they meet company goals.

4 0
3 years ago
You are trying to value the common stock shares BeGood Company using a market multiples approach. Begone just reported annual ea
lakkis [162]

Answer:

$22.81

Explanation:

We can easily calculate share price for BeeGood company just by multiplying the current earnings per share with an average P/E ration of competitors

P/E = Price earning ratio

EPS = Earning per share

Formula: Share price = PE x EPS

Share price = \frac{(11.2+13.25+14.88)}{3} x $1.74

Share price = $22.81

7 0
3 years ago
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