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3 years ago

A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?

Business

1 answer:

rusak2 [61]3 years ago

7 0

Answer:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability

Explanation:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.

Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.

Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.

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The two-stage dividend growth model evaluates the current price of a stock based on the assumption a stock will:_____.

wolverine [178]

The two-stage dividend growth model assesses a stock's present price based on the presumption that it will increase in value at a different rate eternally after growing at a fixed rate for a set period of time.

The payout increases steadily in the first phase for a predetermined period of time. In the second, it is presumable that the dividend will increase at a different pace for the rest of the company's existence.

A mathematical technique called the dividend growth model allows investors to determine a realistic fair value for a company's stock based on its current dividend payout and projected dividend growth in the future.

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2 years ago

Vertical communication occurs when scott, divisional manager of production, discusses business issues with susan, divisional man

liberstina [14]

<span>False. Communication up and down the corporate hierarchy is often called vertical communication. Communication among employees at the same level in the hierarchy, or sideways, is called horizontal communication.</span>

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3 years ago

Will is currently in a 22% tax bracket and has a 7.2% savings rate of return. What is his after-tax savings rate of return

larisa86 [58]

Based on the information given his after-tax savings rate of return is 5.62%.

<h3>After-tax saving rate of return</h3>

Using this formula
After-tax savings rate=Saving rate of return×(1-Tax rate)

Where:

Saving rate of return=7.2%

Tax rate=22%

Let plug in the formula

After-tax savings rate=0.072×0.78

After-tax savings rate=0.05616×100

After-tax savings rate=5.62% (Approximately)

Inconclusion his after-tax savings rate of return is 5.62%.

Learn more about After-tax savings rate here:brainly.com/question/3520758

3 0

2 years ago

A. Construct an amortization schedule for the $300,000 loan with a 2.2% interest rate compounded monthly. The loan will be paid

Gala2k [10]

Answer:

since there is not enough room here, I prepared two amortization schedules on an excel spreadsheet and I attached them

Explanation:

in order to determine the monthly payment, we can use the formula to calculate present value of an annuity:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

PV = $300,000
annuity factor for 2.2% / 12 = 0.18333% and 180 periods = 153.1964438

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 153.1964438 = $1,958.27

we use the same formulas for the second question:

PV = annuity payment x annuity factor

annuity payment = PV / annuity factor

PV = $300,000
annuity factor for 2.7% / 12 = 0.225% and 360 periods = 246.54977

I used an annuity calculator to determine the annuity factor

annuity payment = $300,000 / 246.54977 = $1,216.79

Download pdf

7 0

3 years ago

Real Foods produced 400,000 cans of diced tomatoes in 2017 and 460,000 cans of diced tomatoes in 2018. They employed the same nu

MArishka [77]

Answer:

Relative to their productivity in 2017, their 2018 productivity was 15% higher

Explanation:

what this question requires us to do essentially is to find the difference between the productivity of 2017 and 2018, and for representation of change in market factors, percentages are most appropriately used. Hence, it is calculated as:

2017 productivity = $400,000

2018 productivity = $460,000

difference = 460,000 - 400,000 = 60,000

Next, since we got a difference of $60,000, we will determine what percentage of the 2017 productivity ($400,000) is $60,000, and this is done as follows:

X% of 400,000 = 60,000

X/100 × 400,000 = 60,000

4000X = 60,000

X = 60,000 ÷ 4000 = 15%

Therefore, the productivity of 2018, was 15% higher, relative to 2017 productivity.

6 0

3 years ago