The correct answer is that there were $51,700 work of gift cards redeemed during the year.
In order to determine the correct answer you need to start with the total balance of the unearned revenue account, which is $6,800. To the starting balance you need to add the amount of gift cards purchased throughout the year, which is $55,000. This total is $61,800. The last step is to subtract the ending balance of the unearned revenue from the total ($61,800 - 10,100), which equals $51,700. $51,700 is the amount of gift cards redeemed during the year.
Answer:
True
Explanation:
Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.
Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.
Answer:
$700
Explanation:
Given that
Price of a 3 month put option = $3
Price of a 3 month call option = $4
Considering the above
Selling the straddle = sell a put + sell a call
Thus,
Total premium income from selling a stradle = (P + C)100
Where,
P is price of put
C is price of call
Therefore,
Total premium from selling a stradle
= (3 + 4)100
= 7 × 100
= $700
The answer is ‘not necessarily. Jerry has the ability to buy a new car, but we don't know if he also has the willingness to buy a new car.’ Because willingness goes hand in hand with this scenario. Many people has the ability to buy things since they have the money for it but unfortunately, the lack the willingness to buy something can affect this scenario. If he lacks willingness, he won't able to buy the new car. The question here is, is he willing to buy the car?
Tim should be in governance.
Suzette should be in planning
