Answer:
cash 20,000,000 debit
unearned revenue 20,000,000 credit
Explanation:
Record the advance collection of $20 million for iTunes gift card.
When a gift card is sold, Apple Inc assume the obligation of latter provide iTunes in the near future or do cash reimbursement therefore; this isn't revenue. It is a liability. Apple will generate revenue when the gift ard are redeem not at sale.
Answer:
a. co-optation
Explanation:
Co-optation means the things could be taken out or are considered for the new or the different motive
Since the lines are burried and lies between the state and the special interest group in which the close alliance are created so this is we called as the co-optation
Therefore the same should be considered
Answer:
$20.64
Explanation:
Use the rate of return formula to solve for the new price;
r = ( P1 +Div1 -P0)/P0
whereby;
r = rate of return = 10.8% or 0.108 as a decimal
Div1 = Next year's dividend amount = $0.51
P1 = next year's stock price =?
P0 = Current stock price = $19.09
Next, plug in the numbers to the formula;
0.108 = (P1 + 0.51 - 19.09) / 19.09
Multiply both sides by 19.09;
2.0617 = P1 -18.58
Add 18.58 on both sides;
2.0617 + 18.58 = P1
20.64 = P1
Therefore, you need to sell the share at $20.64
An international economic and political movement designed to help goods and services flow more freely across international boundaries is referred to as Free Trade.
<h3>What is
Trade?</h3>
- Transferring goods and services from one person or entity to another involves trade, frequently in exchange for cash.
- A system or network that permits trade is referred to as a market by economists.
- Bartering was a primitive type of trade in which commodities and services were directly exchanged for other goods and services.
- Barter is the practice of exchanging goods without using cash.
- Nowadays, most trade agreements are reached using a medium of exchange, like money.
- As a result, selling or earning can be distinguished from buying.
<h3>What are the three different trades?</h3>
- Futures traders that are active employ a range of analyses and methods.
- There are solutions to fit everyone's preferences, ranging from ultra-short-term technical approaches to fundamentals-driven buy-and-hold strategies.
Learn more about trade here:
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Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets.
