Answer:
A, D, E
Explanation:
Universal Container can monitor how the discounts are affecting profitability by evaluating the difference between discounted and listed price. They can then reduce the discounts to increase profits if this is the reason for reduced profitability.
If this is not responsible for falling profits, it may be that too many products are available in a sales discounting opportunity. Universal Containers can remedy this by reducing the number of products included in an offer.
Their falling profitability can also be controlled by putting a management approval process in place, ensuring that the effects of a sales discounting plan on profitability are always considered.
a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness
Goods and services were exchanged through a BARTER SYSTEM. Barter is a system in which goods and services are exchanged for other goods and services without using any medium of exchange such as money. Reciprocal exchange is often immediate and not delayed.
Answer:
d. will include a debit to Unearned Ticket Revenue and a credit to Ticket Revenue for $90,000.
Explanation:
For tickets sold in advance, revenue is not recognized on those tickets until the matches have been played. As such, when payment was received for the tickets, the required entries were Debit Cash account and credit Deferred or unearned revenue.
When the matches are played, revenue is proportionately earned and recorded by crediting revenue and debiting deferred or unearned revenue.
For the 3 games played in September, revenue earned
= 3/8 × $240,000
= $90,000
Answer: Option 3. Warehousing
Explanation: Warehousing can simply be defined as a situation whereby banks and other lenders make mortgage loans to consumers for the purpose of quickly selling those loans on the secondary market and furthermore, "warehousing" happens when individual loans are bundled, often with a common element such as the size of the mortgage or credit worthiness of the borrowers, and sold as a single unit.
