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zalisa [80]
2 years ago
11

Peterson Photoshop sold $1,900 in gift cards on a special promotion on October 15, 2021, and sold $2,850 in gift cards on anothe

r special promotion on November 15, 2021. Of the cards sold in October, $190 were redeemed in October, $475 in November, and $570 in December. Of the gift cards sold in November, $285 were redeemed in November and $665 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 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of:
Business
1 answer:
Furkat [3]2 years ago
5 0

Answer:

$1,900

Explanation:

Calculation for what Peterson would show as a deferred revenue account for the gift cards with a balance of:

Deferred revenue account=$2,850+($285+$665)

Deferred revenue account=$2,850-950

Deferred revenue account=$1,900

Therefore At 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of:$1,900

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Hilton Hotels customizes rooms and lobbies according to location. Northeastern hotels are sleeker and more cosmopolitan. Southwe
Otrada [13]

Answer:

Geographic segmentation

Explanation:

it is strategy related to geographic segmentation. it include strategy to provide all those facilities to the customer on the basis of location of customers. As it is given in question Hilton hotels provide more sleeker rooms in northeastern side while more rustic hotels in southwestern hotels.

In generally speaking, geographic segmentation strategy totally based on the preference of targeted customers.

Example of Geographic segmentation approach include  large production of raincoats to those areas that experience heavy rainfall etc

4 0
3 years ago
Below is the complete list of accounts of Cobras Incorporated and the related balance at the end of March. All accounts have the
Allisa [31]

Answer:

Cobras Incorporated

Trial Balance as at March 31.

                                             Debit          Credit

Supplies                                 $1,100

Buildings                             $41,000

Cash                                      $2,100

Accounts Receivable          $2,800

Prepaid Insurance                 $1,100

Salaries Payable                                        $300

Accounts Payable                                   $1,500

Common Stock                                      $21,000

Retained Earnings                                 $14,500

Service Revenue                                    $18,100

Utilities Expense                 $2,300

Salaries Expense                $5,000

Totals                                 $55,000     $55,000

Explanation:

A Trial Balance is used to check mathematical accuracy in ledger Accounts. It represents a list of Balances : Debit and Credit extracted from the Ledger Accounts.

7 0
2 years ago
After purchasing a coffee cup from your local gas station for $5.00, you can always refill your cup for $0.50. The sunk cost of
Law Incorporation [45]

Answer:

$4.50

Explanation:

The sunk cost is the cost that has been incurred and is unrecoverable in the process of taking a financing decision.

If the cost of a coffee cup from a local gas station cost $5.00 and the cost of refill is $0.50, the coffee is the actual element needed and from the refill, it can be estimated that it costs $0.50.

Hence the sunk or unrecoverable cost is the difference between the coffee cup and the refill cost

= $5.00 - $0.50

= $4.50

3 0
2 years ago
Who carries the animal from the farm to the market or packer?
Ostrovityanka [42]

Answer:

was it a passage u had to read?

Explanation:

6 0
3 years ago
Read 2 more answers
John's Locomotive Works manufactures a model locomotive. It comes in two versions: a standard (X1) and a deluxe (X2). The locomo
Law Incorporation [45]

Answer:

Explanation:

X1                    X2              Z

0                      0                0

16                     0                 4,000

0                      10                3,500

8                       6                 4,100

check the picture attached for more explanation

3 0
2 years ago
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