Answer:
Current Yield= 5.68%
Explanation:
Current Yield = Coupon Paid/Price
= (2000*0.0547)/1923.74
= 5.68%
The diffusion of the idea of the hamburger to india but with a vegetable patty instead of the religiously prohibited beef is an example of <u>"Stimulus diffusion".</u>
Stimulus Diffusion is a diffusion in which one individuals gets a culture component from another however gives it another and remarkable shape.
Stimulus Diffusion is a kind of cultural diffusion, which is a procedure in which patterns spread from place to put. Stimulus diffusion is the point at which a pattern spreads to another area or social setting and changes in its new area or setting.
Answer:
The adjusted balance in Deferred Revenue at the end of year 1 is $1,080,000.
Explanation:
Deferred revenue is also known as unearned revenue which means that income is received but not earned. In accrual basis accounting, we record revenues only after we deliver the goods or perform the services.
In this case, the $1,800,000 is received for 10 home games which means that per game we received 1,800,000/10 = 180,000.
Since only 4 games were played during the year, the revenue earned at the end of year 1 is: 180,000*4= 720,000
The remaining 6 games will be played in year 2 but we have already received the payment of games, so it will be considered as a Deferred Revenue. The amount of Deferred Revenue at the end of year 1 is:
⇒ 180,000*6 = 1,080,000
Answer:
Treasury Stock Common is debited for $480,000
Explanation:
40,000 shares x $12 per share = $480,000
<u>The purchase of stock will be recorded at cost:</u>
treasury stock 480,000 debit
cash 480,000 credit
The common stock and additional paid-in capital are not modified.
If the company sales his Treasury Stock it will recognize the difference against paid-in capital
If the company retires this shares, it will adjust agains common stock and additional paid-in
