Amounts received in advance from customers for future products or services: Multiple Choice Are revenues. Increase income. Are liabilities. Are not allowed under generally accepted accounting principles (GAAP). Require an outlay of cash in the future.

Answers

Answer 1

The amounts received in advance from customers for future products or services C. are liabilities.

What is a liability?

A liability is a financial obligation owed by an entity to another.

A liability results in the fulfillment of a future financial obligation.

The future financial obligation involves the payment of economic benefits or resources to the other entity.

Thus, the amounts received in advance from customers for future products or services C. are liabilities.

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Related Questions

Which advantage of incorporating is most​ applicable? What are other advantages of organizing as a corporate​ entity? First answer which advantage of incorporating is most applicable in protecting​ Bob's personal​ assets?

Answers

1) One advantage of incorporating that is most applicable in protecting Bob's personal assets is liability protection.

2) Other advantages of organizing as a corporate entity include:

Use of professional managersBusiness security and continuityEasier access to capital.

What is liability protection?

Liability protection refers to the protection offered to members of an incorporated entity, unlike an unincorporated entity.

Members of an incorporated entity enjoy limited liability because their personal assets cannot be used to settle the liability of the corporation.

Thus, one advantage of incorporating that is most applicable in protecting Bob's personal assets is a limited liability or liability protection.

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Assume that labor and capital are the only two inputs a perfectly competitive firm uses to produce wheat. The firm hires its inputs in perfectly competitive input markets. The unit price of labor is $8 and of capital is $20. When the firm employs the profit-maximizing combination of these two inputs, the marginal product of labor is 2 tons of wheat and of capital is 5 tons of wheat. The price of wheat per ton must be

Answers

The price of wheat per ton must be $4 when profit-maximizing combination is employed.

What is Price?

This is defined as the amount of money that has to be paid to acquire a given product.

To get the price per ton for the company to make profit, we find the ratio of the unit price of labor to the marginal product of labor.

$8 / $2 = $4.

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Money encourages specialization by decreasing the .

Answers

Money encourages specialization by decreasing the exchange cost.

The correct option is B.

What is the exchange cost?

Exchange cost is the price by which the product is exchanged between the customer and seller.

Money eliminates the double coincidence of desires, allowing for greater specialization and productivity.

As a result, money enables us to make better use of our limited resources by allowing us to generate more in the same number of resources.

This aids in the reduction of scarcity.

Thus, B is the correct option.

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Which of the folloiwng is an example of direct finance?

A) an individual applies for a mortgage through a mortgage bank

B) a muncicipality sells muncipal bonds to investors

C) an individual deposits funds into a savings account at his credit union

D) a small business opens a line of credit form a commerical bank

Answers

Answer:

i believe the answer is B) a muncicpiallity sells muncipal bonds to investors.

Explanation:

I hope this is correct and it helps you!

-Justin:)

Answer:

B.

Explanation:

Just took the test.

At work, Mario was trying to show Jenessa the new procedure for stocking the shelves. Jenessa kept working as he explained and quickly became frustrated because Mario kept telling her she was doing it wrong. What could Jenessa have done first to be a better active listener?


She could have read the employee memo that explained the new procedure.

She could have asked clarifying questions to make sure she understood.

She could have stopped what she was doing to give Mario her full attention.

She could have restated what he said in her own words.

Answers

Answer:

She could have stopped what she was doing to give Mario her full attention.

Answer:

C, she could have stopped what she was doing to give Mario her full attention.

Explanation:

Good luck on your test:)

A number of accidents on the job leading towards disability involve the.

Answers

From research it has been discovered that a number of accidents on the job leading towards disability involve the hands.

What are job accidents?

These are the accidents that arise in the work place. These accidents are known to take place due to faults of the operator or the machines that are being operated.

Most of these types of accidents are caused by the hands of the operator who is at work.

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seedbed preparation
activities
1.cleared the area

Answers

Get your supplies lay them out and start your seed preparing with paper towel water and the seeds

Product differentiation makes the demand for a monopolistically competitive firm's product: a. perfectly elastic. b. more elastic than for a monopoly. c. more inelastic than for a monopoly. d. perfectly inelastic

Answers

The answer is C, more inelastic than for a monopoly.

what is financial statement?​

Answers

Answer:

Financial statements are a collection of summary-level reports about an organization's financial results, financial position, and cash flows. They include the income statement, balance sheet, and statement of cash flows.

A UCF graduate has two job offers. Job 1 pays $35,100 with a $5,000 non-taxable benefit, while Job 2 pays $34,900 and has a $5,700 non-taxable benefit. What is the PRE-TAX value of each job assuming the g

Answers

Answer:--

Job 1: $41,944 Job 2: $42,717

Explanation:

-Job 1: $40,225 Job 2: $39,802

-Job 1: $42,382 Job 2: $41,706

-Job 1: $41,944 Job 2: $42,717

-Job 1: $43,444 Job 2: $42,917

The pre-tax value of each job assuming the graduate is in a 28% marginal tax bracket is Job 1: $41,944 Job 2: $42,717. Option (c) is correct.

What is Pre Tax value?

Earnings before taxes, often known as pre-tax, refer to your annual income after expenses have been paid but before taxes have been subtracted. A more accurate view of your company's financial status is provided by calculating pre-tax income.

Pretax Income = Gross Revenue – Operating, Depreciation, and Interest Expenses + Interest Income

Gross revenue includes all revenues generated by the business.

Operating expenses include deductions due to depreciation, amortization, and interest expenses.

Pre-tax deductions occur when a company takes money out of an employee's paycheck to pay for benefits before taking money out to pay taxes.

Therefore, Option (c) is correct.

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Your question is incomplete, the complete question is ;

A UCF graduate has two job offers. Job 1 pays $35,000 with a $5,000 non-taxable benefit, while Job 2 pays $34,800 and has a $5,700 non-taxable benefit.

What is the PRE-TAX value of each job assuming the graduate is in a 28% marginal tax bracket? (Round to the nearest dollar)

-Job 1: $40,225 Job 2: $39,802

-Job 1: $42,382 Job 2: $41,706

-Job 1: $41,944 Job 2: $42,717

-Job 1: $43,444 Job 2: $42,917

What is the main function of a business?​

Answers

Manufacture of specific goods or the supply of specific services

In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, we know that the markup of price over cost will Group of answer choices increase. decrease. stay the same. unknown for lack of other information.

Answers

If the number of firms in a Cournot oligopoly decreases because firms exit the market, the markup over price will most likely stay the same.

What would happen to the price if firms exited a Cournot oligopoly?

If firms exited the Cournot oligopoly, and the number of firms decreased, the remaining firms will increase their production levels to get to the previous levels.

This will mean that the price in the market will not change because the quantity supplied will remain the same.

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Ahmir agrees to purchase a shipment of oriental rugs from oriental rug company for the price of $50,000, to be delivered on august 15. on july 15, ahmir notifies oriental that he no longer wants to purchase the rugs. oriental spends $1,000 to advertise the rugs and obtains a new purchaser who buys the rugs for $40,000. oriental then sues ahmir for breach of contract. if oriental is successful in its breach of contract suit against ahmir, oriental may receive:

Answers

Assuming a new purchaser who buys the rugs for $40,000. if oriental is successful in its breach of contract suit against ahmir, oriental may receive: $11,000 from Ahmir.

Breach of contract

Using this formula

Amount to received from Ahmir=Initial price+Cost of advertisement -new selling price

Where:

Initial price=$50,000

Cost of advertisement=$1,000

New selling price=$40,000

Let plug in the formula

Amount to received from Ahmir=$50,000+$1,000-$40,000

Amount to received from Ahmir=$11,000

Inconclusion  if oriental is successful in its breach of contract suit against ahmir, oriental may receive: $11,000 from Ahmir.

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what was your favorite movie ever?
What was the last book you read?
Do you believe in aliens?
What is your star sign?
What is the best gift you've ever given someone?
Would you rather spend the day inside or outside?
Do you shower at night or in the morning?

Answers

Us

Diary kid

Yea

Scorpio

A hug

Inside


Morning

David realizes that he needs money to start a bookstore. If he decides to
obtain funds through debt financing, what will his company have to do?
A. Collect government sales tax
B. Pay its workers
C. Pay funds to more than one owner
D. Pay loans

Answers

If David decides to obtain funds through debt financing, the company would have to D. Pay loans.

What happens when debt financing is used?

When a company uses debt financing, it means that they are borrowing money from institutions and investors in the form of loans.

As time goes on, they will have to pay back these loans which includes the amount they borrowed and some interest.

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A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the ___ of reducing the emissions is ___ .

Answers

A pollution charge gives the trucking industry an incentive to reduce its emissions, as long as the marginal cost of reducing the emissions is less than the tax.

What is a negative externality?

Pollution consistutes a negative externality. This is because the cost of pollution is greater than its benefits to third parties not involved in the activity that generates the population.  A way to reduce pollution is to enact a pollution charge.

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i make 100,000 a day but i need more how can i get more without customers getting mad??

Answers

Answer:

Just work hard and be fast

Explanation:

Just work and be fast! People at the back wont get mad because you are a hardworking/fastworking man/woman!

Answer:

be nice and work hard

Explanation:

Use the drop-down menus to complete the statements. inflation is a measure of how prices . disinflation occurred . the inflation rate was about in 2014. overall, prices declined .

Answers

Inflation, Disinflation, and Deflation are related economic terms, as inflation measures price increase, Disinflation is inflation at a slower rate,  and the inflation rate in 2014 was 1.5%

What are Inflation, Disinflation, and Deflation?

Inflation is the goods and services price increase, Disinflation is the same as inflation but at a slower pace, and Deflation is a decrease in the price of goods and services.

Inflation is measured by an increase in pricesDisinflation occurs when inflation occurs at a slower pace in the short run. it occurred between the years 2008 and 2009.The inflation rate in 2014 was about 1.5% in the United States. In 2009 there was a decline in inflation.

Therefore, the above option aptly describes inflation, Disinflation, and Deflation.

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Answer:

Use the drop-down menus to complete the statements.

Inflation is a measure of how prices

✔ increase

.

Disinflation occurred

✔ between 2008 and 2009

.

The inflation rate was about

✔ 1.5 percent

in 2014.

Overall, prices declined

✔ in 2009 only

.

Explanation:

Which type of credit involves a set limit based on what a consumer pays up front?

Loans
Installment credit
Secured credit cards
Unsecured credit cards

Answers

Answer:

Secured credit cards

Explanation:explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.

Answer:

Secured credit cards

Explanation:

Genera 5
3
Select the correct answer.
Which relationship is possible when two tables share the same primary key?
O A one-to-one
ОВ.
one-to-many
OC. many-to-one
OD. many-to-many
Reset
Next

Answers

Question:

Which relationship is possible when two tables share the same primary key?

Explanation:

One-to-one relationship.

When creating video marketing content on a budget, what is the first thing you should consider doing?

Answers

Answer:Shooting as much as you can and culling it later

Explanation:

We have discussed at least two reasons for banks to exist, both of which imply that banks are somehow special, or perform a unique function for the rest of the financial society/world. Explain, in detail, the rationales developed by Fama, and by Diamond in their ground breaking papers. The best answers will quote extensively from the papers.

Answers

The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.

What is a bank?

It should be noted that a bank simply means a financial institution that accepts deposit from the public.

In this case, banks are somehow special, or perform a unique function for the rest of the financial world. The reasons for banks to exist according to Fama is that offer interests to customers and financial advice.

They also lend money to firms and keep money safe for the customers.

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An approach in which MNEs draw on multiple, equally important innovation hubs throughout the world characteristic of Globalization 3.0 is known as a(n) ___.

Answers

When MNEs draw on multiple, equally important innovation hubs throughout the world globalization, they become transnational corporation.

What is globalization?

It should be noted that globalization simply means the process whereby thw world become linked together.

In this case, when MNEs draw on multiple, equally important innovation hubs throughout the world globalization, they become transnational corporation.

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Which best explains how the overproduction of goods in the 1920s affected consumer prices and the economy?.

Answers

Prices fell as consumer demand decreased, and the economy slowed down. Which best explains why people failed to make their promised payments on items during the 1920s? They bought too much.

oh your a rapper, huh?
rhyme orange with banana

Answers

Answer:

I'm not a rapper- but a writer.

Explanation:

So I shall try ^-^

I'm nothing small,

I'm nothing shy.

I like oranges, nanana,

You like bananas.

We're not the same,

we're nothing close.

Wow thats so bad.

The four utilities offered to consumers through retailing are:.

Answers

selling, renting, and providing of products and services to ultimate consumers for
personal, family, or household use.

Tariffs help increase market security for traders and investors?
True Or False

Answers

Answer:

The answer is true.

Explanation:

They help import and export goods and they are like a safeguard.

True bc to help export goods

A prime example of a Special Economic Zone, located adjacent to Hong Kong, is the city of Group of answer choices Guangzhou Beijing Shenzhen Chengdu Shanghai

Answers

The city of Shenzhen is a prime example of a Special Economic Zone that is located adjacent to Hong Kong,

What is a Special Economic Zone?

These are zones that serves as an area of business and trade which are different from the rest of the country.

Some other examples of a Special Economic Zones includes Shannon Airport in Ireland, Dubai South in UAE, Xiamen in China etc

Therefore, the Option C is correct.

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Which type of cooperative organization would attract people who needed help preparing their income tax returns?.

Answers

The service cooperative is the  type of cooperative organization would attract people who needed help preparing their income tax returns.

What is a service cooporative?

This is a coorperative or a consumer organization that are engaged in the fulfilling of needs that exists in a society.

Finance , utility and housing coorperaives are examples of this type of cooperative.

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Morgan Company issued convertible preferred stock. What additional special feature(s) could also have been granted to preferred stock holders

Answers

Answer:

The right to convert the shares to common shares and The right to redeem the preferred shares for cash.

Explanation:

The ability to exchange shares for common shares, as well as the ability to exchange preferred shares for cash.

What is convertible preferred stock?

Convertible preferred stocks are preferred shares with an option for conversion into a specific number of common shares at a later time.

These shares are corporate fixed-income instruments, and the investor may decide to convert them into a particular number of shares of the company's common stock at a later date or after a specified period of time.

An investor can receive a stream of income as well as potential "upside" benefits by purchasing convertible preferred stock. At the predetermined date and conversion ratio, it may be converted into the company's common stock. This is a favorite stock attribute that attracts investors.

Thus, the ability to exchange shares for common shares.

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