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mariarad [96]
3 years ago
7

The Unearned Revenue account of Professor Incorporated began 2018 with a normal balance of $5,000 and ended 2018 with a normal b

alance of $11,000. During 2018​, the Unearned Revenue account was credited for $24,000 that Professor will earn later. Based on these​ facts, how much revenue did Professor earn in 2018​?
Business
1 answer:
Nady [450]3 years ago
7 0

Answer: $18,000

Explanation:

Given that,

Began 2018 with a Normal balance = $5,000

Ended 2018 with a normal balance = $11,000

Unearned Revenue account was credited = $24,000

Revenue earned by professor in 2018 :

= Beginning unearned revenue + Advance payments - Ending unearned revenue

= $5,000 + $24,000 - $11,000

= $18,000

Therefore, $18,000 revenue earned by professor in 2018.

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gizmo_the_mogwai [7]

Answer:

a. 28.7 millions

b. 20.4 millions

c. 0.9231, or 92.31%

Explanation:

a. How much of the population is older than 16? million  

Number of population older than 16 = Total population - Children under the age of 16 = 35.4 – 6.7 = 28.7 millions

b. What is the size of the labor force? million

Labour force = Employed + Unemployed = 18.5 + 1.9 = 20.4 millions

c. What is the labor force participation rate?

Working age population = Total population – Children under the age of 16 – Retirees = 35.4 – 6.7 – 6.6 = 22.1 millions

Labor force participation rate = Labor force ÷ Working age population = 20.4 ÷ 22.1 = 0.9231, or 92.31%

7 0
3 years ago
True or false: stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the
dimulka [17.4K]

It is a false statement that the stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.

<h3>Who are stakeholders?</h3>

These are investors that has a vested interest in a company and can either affect or be affected by a business' operations and performance. Some examples of a stakeholders includes investors, employees, customers, suppliers, communities, governments, trade associations etc.

However, It is a false statement that the stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the actions of of that company.

Read more about stakeholders

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7 0
2 years ago
Chaz and Dolly enter into a contract under which Chaz agrees to provide maintenance services for Dolly's Ski Resort. Duties unde
UkoKoshka [18]

Answer: d. any of the choices.

Explanation:

Chaz is not to transfer the duties to a third party if Dolly got into the agreement with Chaz for any of the following;

  • If Dolly places special trust in the ability of Chaz to perform the maintenance then that trust should not be broken by transferring the duties to a third party. Dolly went into that contract because they trusted in the abilities of Chaz.
  • If Dolly went into the contract due to the personal skills or talents of Chaz, the duties against would be non-transferable. Chaz's skills were the reason the contract was signed, if these skills are not to be used then the contract will be baseless.
  • By signing with Chaz, Dolly expects a certain level of performance. If the performance that will be made by a third contracting party is materially different from the one that Dolly would have expected from Chez, the duties will not be transferable.
5 0
3 years ago
During the proofreading task of the completion stage of a business message, be sure to
Nikitich [7]
You have to read very carefully to make sure you dont miss any mistakes

3 0
3 years ago
Which of the following tells you how much your credit card interest will be if you only pay the minimum balance each month?A) La
kati45 [8]

Answer:

D) Annual Percentage Rate

Explanation:

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Late fees, also known as overdue fines, late fines, or overdue fees, are charges that a company or organization has not paid a debt on time or has leased or repaid a loan. Late payments are usually calculated on a per-item basis.

Annual Membership Fee means an annual membership fee or similar payment in connection with a Credit Card Agreement. Annual payments are one of the most common of all credit card fees. It is your provider's right to automatically charge your account once a year for the benefits that come with this credit card.

The balance transfer fee is a charge which charged when you transfer a credit card debt from one card to another. Balance transfer fees are common for credit cards offering low entry interest rates. Consumers considering a balance transfer should calculate the total cost of the current debt over time, without accepting a proposal and paying it off.

4 0
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