subject
Business, 21.01.2020 17:31 jaylen2559

Ultra-music festival (umf) sells its non-refundable tickets in advance. how should the proceeds received from the advance sale be treated by umf?
a. an accounts payable is recorded. b. a prepaid expense should be recognized. c. revenue is recognized to the extent that costs have been incurred. d. revenue is deferred until the festival is held.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
question
Business, 23.06.2019 00:30
An emerging methodology to integrate the effort of the development team and the operations team to improve the functionality and security of applications is known as
Answers: 1
question
Business, 23.06.2019 02:30
Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs
Answers: 1
question
Business, 23.06.2019 07:40
In the short-run, marginal costs are equal to the change in variable costs as output changes. ( mc = change in variable cost / change in quantity) assume that capital is fixed in the short-run. (a) start with the equation for marginal cost and derive an equation that relates marginal cost of production to the cost and productivity of labor. (b) draw a standard looking short-run marginal cost curve and use the equation you derived to explain its shape.
Answers: 2
You know the right answer?
Ultra-music festival (umf) sells its non-refundable tickets in advance. how should the proceeds rece...
Questions
question
Spanish, 16.01.2021 08:00
question
History, 16.01.2021 08:00
question
Mathematics, 16.01.2021 08:00
question
Social Studies, 16.01.2021 08:00
Questions on the website: 13722367