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blsea [12.9K]
2 years ago
8

Fit & Slim (F&S) is a health club that offers members various gym services.

Business
1 answer:
Hoochie [10]2 years ago
6 0

Answer:

a. they are separate performance obligations

normal price of annual membership = $1,140

one yer enrollment in yoga = $600 x (30% - 10%) = $120 x 50% = $60

total $1,200

% of price allocated to:

annual membership = ($1,140 / $1,200) x $1,100 = $1,045

discount voucher = $1,100 - $1,045 = $55

b. the journal entry should be

Dr Cash 1,100

    Cr Unearned revenue, membership fees 1,045

    Cr Unearned revenue, discount voucher 55

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Tpy6a [65]
Carpentry

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2 years ago
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Which of the following is NOT considered a descriptive analysis technique? a. Data fusion b. Data harmonization c. Neural networ
Julli [10]

Answer:

c. Neural networks

Explanation:

While other options are considered as descriptive analysis techniques, neural network is a type of inferential statistics.

While descriptive statistics only describes data by using a chart or graph, and inferential statistics assist in drawing inferences or making predictions from data.

A neural network refers to a series of algorithms which studies the types of relationships, either positive or negative, that exist between a set of data via process that copies method of operation of human brain. Neural network can assist in inferring the effect that a change a set of data A, independent variable, will have on the a set of data B, dependent variable.

The idea of neural network comes from artificial intelligence and it helps in generating the best results that is obtainable without changing the criteria of the output.

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2 years ago
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You are the account manager for an Internet service provider. A customer contacts you and complains that her recent billing stat
Darya [45]

Answer: a. Anticipate the effect your message will have on the receiver.

b. Analyze the bad-news situation

Explanation:

In the Phase 1 of the writing process, it is required that one should analyze the bad-news situation, and then anticipate the effect that such news will on have on the receiver. After this has been one, the message will then be adapted accordingly.

In a scenario whereby it's anticipated that the reader will be upset about the news, then the message might be reshaped so that the reader won't be angry.

3 0
2 years ago
The gross pay, benefits and job expenses for two different employees are shown below. Employee A: gross pay $57,200, employee be
Lemur [1.5K]

Answer:

a. The total employment compensations for the two employees are the same

Explanation:

Employee compensation refers to payment made to employees by an organization in consideration for the services rendered.

Employee compensation can be in cash form such as salary and wages, perquisites, allowances, incentives, commission, etc.

In the given case,

<u>Compensation for Employee A</u>:

= Gross Pay + Employee benefits - Job expenses

= $57200 + 5300 - 800

=  $ 61,700    

Similarly,

Compensation for Employee B:

= Gross Pay + Employee benefits - Job expenses

= $56,900 + $6200 - $ 1400

= $61,700

Thus, employment compensation for both A and B are the same.

4 0
2 years ago
Here are the comparative income statements of Georgia Development Corporation. GEORGIA DEVELOPMENT CORPORATION Condensed Income
Lena [83]

Answer:

Explanation:

                                                                    Horizontal analysis

                        December31/14   December31/13 Amount Incre.   %incre.

                                                                               over base       over base

Net sales              600000         500000             100000            20.00%

Cost of goods sold414000         350000             64000              18.29%

Gross Profit              186000        150000             36000             24.00%

Operating Expensese 150000        120000            30000          25.00%

Net Income                 36000          30000              6000             20.00%

Looking at the table above you’ll notice that the company is showing a healthy growth in all the figures bott at the top line as well as bottom line. The percentage in gross profit has increased and even higher than the % net sales increase over last year. This clearly reveals that the company has enhanced its economy of scale. But this enhancement has been invalidated by the corresponding increase in the operating expenses %.

Vertical analysis           (having net sales as base)

Net sales                                100%      100%

Cost of goods sold                69.00%   70.00%

Gross Profit                            31.00%    30.00%

Operating Expenses              25.00%    24.00%

Net Income                             6.00%       6.00%

There is not much variation in vertical analysis. The companies performance here is stable as last year.

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