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ss7ja [257]
3 years ago
12

Peterson Photoshop sold $2,700 in gift cards on a special promotion on October 15, 2021, and sold $4,050 in gift cards on anothe

r special promotion on November 15, 2021. Of the cards sold in October, $270 were redeemed in October, $675 in November, in November, and $330 in December. Of the cards sold in November, $165 were redeemed in November and $385 were redeemed in December. Peterson views the probability of redemption of a gift card as remote if the card has not been redeemed within two months.
At 12/31/2016, Peterson would show a deferred revenue account for the gift cards with a balance of: ____________

a. $1,650.
b. $0.
c. $1,100.
d. $1,485.
Business
1 answer:
ozzi3 years ago
4 0

Answer:

1650 I think ... I think so maybe

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A negative relationship between the quantity demanded and price is called the law of ________.
vlabodo [156]
Demand

I hope it helped you!
7 0
3 years ago
Winsted Co. purchased a bond on December 1 of the current year for $ 49 comma 000 and classified the investment as trading. The
Anettt [7]

Answer:

Net income = $3000

C. $ 3 comma 000

Explanation:

For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.

In this case.. There is only a buy and a sell trade.

Net income= selling price- cost price

Net income= $52000-$49000

Net income = $3000

4 0
3 years ago
Corporations with control both within and across industries are formed by a series of mergers and acquisitions across industries
Zielflug [23.3K]

Answer:

conglomerate                

Explanation:

In simple words, A conglomerate refers to the multi-industry corporation, which is a mixture of many enterprises operating within one organizational group in completely different sectors, which can include a holding company and several branches.

The conglomerates are always global and massive. The predominant conglomerates consolidate financial risk through investing in a variety of different industries, although other conglomerates opt to engage in a single sector, like those in mines.        

6 0
3 years ago
Which of the following terms accurately describes functional strategies that are properly aligned, traceable to the business str
spayn [35]

Answer:

d. cross-functional strategies

Explanation:

In an organisation, for the proper running of all the departments or functions, proper communications and coordination is required. So implementing the cross-functional strategies can succeed when all the functional areas of the organisation are properly coordinated with each other. And by implementing  these strategies we can trace out the business strategy with supporting of all functional areas. These are useful to place all functional strategies properly.

Thus the answer is d. cross-functional strategies.

7 0
3 years ago
The list price of a glue gun is $34.60. the trade discount rate is 17% what is the next price
kap26 [50]

Answer:

Explanation:

40.48

4 0
3 years ago
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