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dolphi86 [110]
3 years ago
7

On October 1, 2018, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wit

h the contract to start immediately. King agreed to pay Taylor $4,800 for the one-year period. Taylor is confident that King will pay that amount, but payment is not scheduled to occur until 2019. Taylor should recognize revenue in 2018 in the amount of Group of answer choices
Business
1 answer:
shusha [124]3 years ago
6 0

Answer:

$1,200

Explanation:

Calculation to determine what Taylor should recognize as revenue in 2018

Recognized Revenue =($4,800 × 3/12 of the contract duration)

Recognized Revenue =$1,200

Therefore Taylor should recognize revenue in 2018 in the amount of $1,200

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Omega Inc. expects its net income to be $525,000 this year. The firm's dividend payout ratio is 60 percent. The firm is financed
REY [17]

Answer: $700,000

Explanation: Retained earnings is the amount of earnings left with the company after paying for dividends of common stockholders.

Retained earnings break even can be computed as follows :-

Break\:even=\frac{retained\:earnings}{equity\:ratio}

where,

retained earnings = net income (1- payout ratio)

                              = $525,000 (1 - 60%)

                              =  $210,000

therefore,

Break\:even=\frac{210,000}{0.3}

=$700,000

3 0
3 years ago
In a repeated​ game, deterring entry A. is not a rational strategy if money is lost fighting the first potential entrant. B. can
sertanlavr [38]

Answer:

D. May require losing money fighting the first potential entrant.

Explanation:

In this form of gaming, or in this game theory, it is said to be played over and over and could possible be in a probability form that is why that possibly, as a player, you may require loosing money fighting the first potential entrant.

Fighting the first entrant, possibility of cooperating means that their could be a possible compromise in order to carry on accepting a payoff over a certain period of time, knowing that if we do not uphold our end of the deal, our opponent may decide not to either.

3 0
3 years ago
Understanding opportunity cost before you started applying for college, a job recruiter offered you a full-time cashier position
natta225 [31]

Answer: You decide to go to college probably because<em><u>"You value a year of college at more than $56,000"</u></em>

<em><u>Opportunity costs are the benefits an respective individual, leaves while determining to pick one alternative over another. </u></em>

So, you will attend college if you perceive value of attending college more than  ($22,000 + $34,000)= $56,000

3 0
3 years ago
What are examples of professional organizations? Select four options.
hram777 [196]

1. American institute of architects

2. American medical association

3. Screen actors guild

4. American society of mechanical engineers  

you are very welcome!  

8 0
3 years ago
Read 2 more answers
The level of competition least beneficial to consumers is
Darya [45]

Answer:

Monopoly

Explanation:

The level of competition least beneficial to consumers is monopoly. In monopoly, there is only one or very few sellers which sell their products to the customers on the prices of their own liking. Because of no competition, customer has to pay higher prices. Moreover, no substitutes are av

available in the market as well which definitely effects customers. For example, Microsoft Window. Monopoly has bad impact on the customers and it is very ideal scenario for the seller in order to earn more profits.

6 0
4 years ago
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