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pychu [463]
3 years ago
11

Tropical Tours reported revenue of $400,000 for its year ended December 31, Year2. Accounts receivable at December 31, Year1 and

Year2, were $35,000 and $32,000, respectively. Using the direct method for reporting cash flows from operating activities, Tropical Tours would report cash collected from customers of:
a. $400,000.
b. $397,000.
c. $403,000.
d. $365,000.

Business
1 answer:
Svetradugi [14.3K]3 years ago
4 0

Answer:

Correct option is C.

Step wise solution is given below for demonstration.

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Which of the following costs is a mixed cost?
koban [17]

Answer:

3. Rental costs of $5,000 per month plus $.30 per machine hour of use

Explanation:

Mixed cost is the one which has both the factors, variable and fixed.

Sometimes, the segregation is also difficult, when the total cost is given.

In the chosen option also, there is a fixed cost involved that is monthly expense of $5,000.

Further for each hour of machine used the cost increases and is $0.30 per hour.

That is variable as the total will depend upon the number of hours the machine is used.

All the other three are either completely fixed like salary, and depreciation, or either completely variable like electricity cost.

7 0
3 years ago
Ivanhoe Company sublet a portion of its warehouse for five years at an annual rental of $71100, beginning on May 1, 2020. The te
Olenka [21]

Answer and Explanation:

The adjustment should be as follows

Unearned Rent Revenue    $47,400

    To Rent Revenue   $47,400

(Being recording of revenue earned is recorded)

Here unearned rent revenue is debited as it decreased the liabilities and the rent revenue is credited as it increased the revenue. Also liabilities and revenue contains the normal debit balance

The working is shown below:

= $71,100 × 8 months ÷ 12 months

= $47,400

The eight months are calculated from May 1 to December 31

8 0
3 years ago
How should emotional appeal in fund-raising messages be used? A. Using a mild appeal to convince people and avoid offending them
marysya [2.9K]

Answer:

The correct answer is letter "B": Using sensory details to help people connect to a cause.

Explanation:

Sensory details are used in writing to attract readers' attention. Those details involve the use of the senses: <em>sight, sound, touch, smell, </em>and <em>taste</em>. Sensory details help information, whether written or spoken, to push the audience to interact with what us being prompted.  

<em>In case the objective of using sensory details for a fund-raising message, the writer, for instance, could talk about the need of collecting monetary resources to clean the river that crosses the bridge that connects the suburbs with the city because of its unpleasant bad smelling. The next time the reader goes through the bridge, the individual will likely pay attention to the smelling of the bridge to confirm what the author said, which will possibly lead him or her to contribute with the cleaning cause.</em>

5 0
3 years ago
There are 45 potential workers in this economy. How many people are unemployed?
damaskus [11]
Need more info to the question
3 0
3 years ago
The relationship between the price of a good or service and the quantity demanded of that good or service described by the law o
Klio2033 [76]

This relationship described between the price and the quantity demanded is known as the <u>Price Elasticity of Demand (PED). </u>

<h3>What is the Price Elasticity of Demand?</h3>
  • It is a measure that shows the relationship between the price of a good and the quantity demanded of it.
  • Shows how sensitive quantity demanded is to a change in price.

When the PED is less than 1, it means that a change in price doesn't affect the quantity demanded as much. When it is more than 1, a change in price will lead to an even higher change in quantity demanded.

In conclusion, this is the Price Elasticity of Demand.

Find out more on PED at brainly.com/question/9235198.

8 0
3 years ago
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