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ahrayia [7]
2 years ago
15

Kephlee is an amusement park operator and provided the following select financial data:

Business
1 answer:
Andreas93 [3]2 years ago
4 0

Answer:

Option C is correct answer.

<u>$104.4</u>

Explanation:

Cash sales = revenue + change in accounts receivable + change in deferred revenue

= 95.4+121.5-123.5+(45.6-34.6)  

= $104.40

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1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points) 2. Describe th
Aleksandr-060686 [28]
I am not Sure What the question is explain a little better


3 0
2 years ago
Read 2 more answers
During the fiscal year ended December 31, 2020, the City of Johnstown issued 5% general obligation serial bonds in the amount of
Fofino [41]

Answer:

C)  As an other financing source in the debt service fund and as an other financing use in the capital projects fund.

Explanation:

The options are missing:

  • A)  As a revenue in the debt service fund and as an expenditure in the capital projects fund.
  • B)  As an other financing source in the capital projects fund and as an other financing use in the debt service fund.
  • C)  As an other financing source in the debt service fund and as an other financing use in the capital projects fund.
  • D)  As a special item in both the debt service and capital project funds.

Other financing sources is an account used by governments to record non-operating revenues and expenditures. The debt service fund is the money that the government has set aside to pay for its outstanding bonds. The capital projects fund is the account used by the government to record expenses related to certain projects.

4 0
1 year ago
Below is a set of projects aimed at cleaning up a city's recreational areas.
Andru [333]

Answer:

North Park $13,000 $16,000 N

Upper River Beach 6,000 8,000  Y

South Shore 29,000 30,000  Y

Green Creek 900 1,300 N

Explanation:

The cleanup will happen in the area where the marginal benefit is more than the marginal cost. the North park will not be cleaned up. River beach will be cleaned Up. South shore will be cleaned up. Green creak will not be cleaned up.

3 0
2 years ago
Gore Inc. recorded a liability in 2021 for probable litigation losses of $2 million. Ultimately, $5 million in legitimate warran
KengaRu [80]

Answer:

Gore is not required to make any accounting adjustments

Explanation:

Gore won't be required to make any accounting adjustments because the litigation loss is already $2,000,000 leading to him recording a liability in his account in which

$5 million in legitimate warranty claims were as well filed by his customers which is why he won't be making any further Accounting adjustment in 2021.

4 0
1 year ago
The following are data for an economy in billions of dollars: Net rental income 141 Depreciation 1,241 Compensation of employees
Brilliant_brown [7]

Answer:

GDP= 9,872

Explanation:

The Expenditure Approach is a method of measuring GDP by calculating all spending throughout the economy including consumer consumption, investing, government spending, and net exports. This method calculates what a country produces, assuming that the finished goods and services of a country equals the amount spent in the country for that period.

The formula is:

GDP=C+I+G+/-NX

GDP: Gross Domestic Product

(C) consumer spending – this is the amount that all consumers spend on goods and services for personal use.

(I) investment – this is the amount that businesses or owners spend to invest in new equipment or expansions.

(G) government spending – this includes spending on new infrastructure like bridges and roads.

(NX) net exports – this includes spending on a country’s exports minus its spending on imports.

GDP= 6,728+1,767 +1,741+(1,102-1,466)

GDP= 9,872

7 0
2 years ago
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