Answer and Explanation:
Deferred revenue refers to payment received before the service or goods are delivered. Consider a subscription service that provide annual subscription such as Netflix. You may take the subscription through annual or monthly payment system. In case of annual payment system you have paid for 12 months but are currently on month 1. As a result, the 11 other months’ payment is considered as deferred revenue for Netflix.
Businesses such as this (Netflix) who sell annual subscription will have significant deferred revenue. The current Netflix subscription charges are $10.99 per month (lowest tier). In case of annual subscriptions they will likely have 11 months of deferred revenue or 11*10.99 = $120.89 as deferred revenue. Their total revenue per customer (in the lowest tier) will be $131.88. This makes their deferred revenue as 91.67% of their revenue.
Mentors are an excellent way to learn on the job- this statement about mentors is true.
Option: A
Explanation:
Mentors are the one who guides his trainee from different perspectives and help in every possible way. Mentors provide real life a practical advice so that it become easy to deal with the problem for trainee. Every company do support mentoring program. After appointing many fresher company executive split them in number groups and assigned one expert per group according to the nature of work.
That field expert monitors his group which consists of 7-8 persons at a time. Expert assign work to the trainees for daily basis, supervise them, advice them and train them to be a perfect employee of that company.
Answer:
The project Charter.
Explanation:
A project charter is a structured, generally short documents that outlines the project as a whole — including what the goals are, how it will be implemented, and who are the stakeholders. It is a crucial ingredient of project planning, since it is used throughout the life cycle of the project.
Explanation:
According to the accounting cost method , the reissuance of the treasury stock would be credited to the additional paid in capital which represents the remaining amount i.e deduct $120,000 from the $190,000
And, the net income for the year 6 is
= Increase in assets - Increase in liabilities - Increase in capital stock - Increase in additional paid in capital + Dividend payment
= $356,000 - $108,000 - $240,000 - $24,000 + $52,000
= $36,000
