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2 years ago

Travel is generally divided into which two broad categories?

Business

1 answer:

RoseWind [281]2 years ago

4 0

The two which it’s divided with is leisure and business.

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Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i

Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales - $368,500

Installation Fee - $19,250

Total Income - $387,750

less cost of sales - $320,000

Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee). The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months. Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

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2 years ago

Mariano helped lauren sell __________ business, which she had started only ten years ago.

Gre4nikov [31]

B)

A) C) D) don't fit the text,

Hope this somewhat helped! xD

5 0

3 years ago

Which of the following is a disadvantage of a market economy?a. consumer satisfaction is lowb. it limits freedom for producers a

patriot [66]

Answer: The correct answer is c) It does not provide for everyoned.

Explanation:

In a market economy, the problem is that we are not born with the same opportunities, nor the possibility of accessing the same factors of production, nor are we equally qualified in all fields. That is, those who are born in a family with less economic resources, or simply are not enabled in activities that have more benefits, are at a disadvantage compared to the rest of the individuals. These inequalities end up generating inequalities in income distribution.

4 0

3 years ago

Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in value

STALIN [3.7K]

Answer:

C: 17.78-30 pounds

6 0

3 years ago

Production data for Joe's Pizza Parlor are as follows. For simplicity assume that labor is the only input. Each pizza sells for

Novay_Z [31]

Answer:

Joe's Pizza Parlor

The highest number of workers that Joe will hire if he must pay each one $35 a day is

4 workers.

If he wants to maximize his profits without satisfying customers' demand, Joe can choose to work with 2 or 3 workers. However, he can renegotiate the worker's wages downwards.

Explanation:

a) Data and Calculations:

Price of pizza = $5

Wage per worker = $35/day

Number of Workers 0 1 2 3 4 5

Pizzas Baked Per Day 0 12 18 24 30 32

Total revenue 0 60 90 120 150 160

Marginal revenue 0 60 30 30 30 10

Marginal cost of labor 0 35 70 105 140 175

Profit 0 25 20 15 10 -15

7 0

3 years ago