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madam [21]
3 years ago
7

Unearned revenues refer to a(n): Group of answer choices Asset that will be used over time. Expense incurred because a customer

has paid in advance. Liability that is settled in the future when a company delivers its products or services. Increase in revenues as a result of delivering products or services to a customer. Decrease in an asset.
Business
1 answer:
Leya [2.2K]3 years ago
7 0

Answer:

Liability that is settled in the future when a company delivers its products or services.

Explanation:

Unearned revenue is money received for a service that is yet to be provided or a product that is yet to be delivered.

Unearned revenue is recorded as a liability on the balance sheet. The reason for this is because unearned revenue represents debts owed.

Once the service is rendered, the unearned revenue is recorded on the income statement as a revenue.

Example of unearned revenue : a company offers a one year subscription to consumers. The company is earning revenue for services that is yet to be rendered

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The proportion of assets that are financed with debt can be calculated using the ________ ratio
andriy [413]

The proportion of assets that are financed with debt can be calculated using the <u>debt </u>ratio.

The phrase "debt ratio" refers to a financial ratio that assesses how much leverage a business has. The ratio of total debt to total assets, represented as a decimal or percentage, is known as the debt ratio.

The percentage of a company's assets that are financed by debt is one way to understand it.

An asset-to-asset ratio greater than 1 indicates that a significant portion of a firm's assets are financed by debt, which indicates that the corporation has more liabilities than assets.

If interest rates abruptly increase, a company with a high ratio may be at risk of loan default. A ratio lower than 1 indicates that equity funds a larger proportion of a company's assets.

To learn more about Debt Ratio here

brainly.com/question/14553933

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6 0
2 years ago
Okay so this is the subscription I have for brainley is this gonna cost me money? I signed up for the 7 day free trial and after
igor_vitrenko [27]

Answer:

It's a glitch in the system it did the same for me so i called the support team of brainly and they help me fix my problem

Explanation:

3 0
4 years ago
he information systems department prides itself on being on the edge of high-tech course offerings. They were the first departme
alexgriva [62]

Answer: Technology

Explanation:

The options relating to the question are:

A) The environment.

B) Technology.

C) Geographical location.

D) Critical incidents.

Based on the information given in the question, we can infer that Corporate culture in this department is probably most affected by technology.

Since they were the first department to create online classes and also they were the first to solve the issues that were associated with these offerings, it simply means that they department was mostly affected by technology.

Lastly, Wally knowing that his subcutaneous chip was only a hiring decision away was because he knew that the department focused on technology.

Other options such as environment, geographical location and critical incidents are wrong in this case.

7 0
3 years ago
Claire wants to take out a small personal loan to renovate her kitchen. She borrows $3,000. Her loan has an annual compound inte
Elan Coil [88]

Answer: $12,136.67

Explanation:

8 0
4 years ago
Read 2 more answers
Toby and keith are planning to create and jointly own a company that will license their patented technology solely for royalties
salantis [7]

Answer:

D. Limited Partnership

Explanation:

Limited partnership is a form of business where two or more people create an entity and in which the liability of the partners are limited to their initial investment in the business. Limited partnership has benefits of operating a business with combined expertise of two or more people without facing the complex challenges  of operating a corporate corporation.

Since Toby and Keith want an a form of entity that is simple enough to operate a business without creating a product, distribute their earnings without retaining them and not having the intention of raising capital from any other investors, they should consider a limited partnership.

Limited partnership will be perfect  for their need to only share earnings, and not doing other things that a corporate corporation is known for.

7 0
3 years ago
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