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Verdich [7]
2 years ago
9

A publisher receives cash for a magazine subscription during Year 1. The publisher sends magazines on a monthly basis to that cu

stomer in Year 2. According to the revenue recognition principle, the publisher should report the related magazine subscription revenue in its income statement for Year 1 since it received cash for the magazine subscription in Year 1.
Business
1 answer:
lawyer [7]2 years ago
8 0

Answer:

FALSE

Explanation:

The revenue recognition principle state the firm will only reocgnize a revenu once the sercvice is performed. in this case the revenu should be recognize over time after each magazine is delivered or through adjusting entries at year-end or quarter-end. Never entirely as this represent an obligation to delivwer this magazines or return the money. It isn't revenue. It is a liability which becomes revenue over time.

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Which activity is the fourth step in the decision-making process of solving a workplace problem?
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Which activity is the fourth step in the decision-making process of solving a workplace problem? C. Implement the solution

The first step is is to identify the goal, then gather the information and generate alternatives, evaluate the consequences, implement the solution

When you implement the solution you are deciding the best choice after considering the alternatives and putting the plan into action.

5 0
2 years ago
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Which term refers to the age, gender, education, income, family size, career, and residence of the consumer?
Basile [38]
The answer is b. These are all part demographic data
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2 years ago
This chart represents the desired employers for four different Manufacturing employees. Manufacturing Employees Interested in Wo
CaHeK987 [17]
I think the answer is A.

Gary should work in Manufacturing Production Process Development
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2 years ago
The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's Genera
Svetradugi [14.3K]

Answer:

$38,000

Explanation:

Based on the information given we were told that the City General Fund balance sheet for the month of December 31, 2019 shows that inventory had the amount of $28,000 while prepaid rent has the amount of $10,000 which means that the amount of money that city will report as NOSPENDABLE fund balance in their general fund on December 31,2019 will be $38,000 calculated as ($28,000+$10,000).

4 0
2 years ago
Further From Center has 10,700 shares of common stock outstanding at a price of $41 per share. It also has 240 shares of preferr
DanielleElmas [232]

Answer:

capital structure weight is = 0.349

Explanation:

Given data:

Number of share 10,700

per share price is $41

number of share of stock is 240

per share price of preferred stock is $92

number of bonds 570

coupon rate is 6% paid semiannually

mutuarity life of bonds is 22 year

face value of bonds is $1000

selling price 104.5% per par

common stock = 10,700 \times $41 = 438,700

Preferred stock  = 240\times 92 = 222,080

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Total amount = 438,700 + 222,080+595,650 = 1,256,430

capital structure weight is = \frac{438,700}{1,256,430} = 0.349

8 0
2 years ago
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