User Account

All Pages

How much gift card revenue associated with the august

Assignment Help Accounting Basics
Reference no: EM13995171

1. In Lizzie Shoes' experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. Lizzie Shoes sold gift cards for $18,000 during August of 2011. $4,000 of cards were redeemed in September of 2011, $3,000 in October, $2,500 in November, and $2,000 in December of 2011. In 2012 an additional $1,000 of cards were redeemed in January and $500 in February. How much gift card revenue associated with the August 2011 gift card sales would Lizzie get to recognize in 2011 and 2012?

Reference no: EM13995171

Questions Cloud

Calculate the angle of refraction for the refracted s-wave : A P-wave with an angle of incidence of 22 (degrees) encounters a contact between two different rock types. The upper layer has a compressional wave velocity of 2700 m/s. The lower layer has a shear velocity of 1100 m/s. Calculate the angle of refr..
What is the effective interest rate on the commercial : Life.com issued $10 million of commercial paper on April 1 on a nine-month note. Interest was discounted at issuance at a 6% discount rate. What is the effective interest rate on the commercial paper?
What journal entries should pace record on december : What journal entries should Pace record on December 12 and January 16?
Find an article about a publicly traded firm : Find an article about a publicly traded firm's decision regarding at least two different project alternatives. What was the decision that the firm made about the different projects and what was the decision process that they used to come up with ..
How much gift card revenue associated with the august : How much gift card revenue associated with the August 2011 gift card sales would Lizzie get to recognize in 2011 and 2012?
Explain the income tax implications of the above transaction : (1) On 1 April 2015 he moved to Australia to take up a 2 year appointment with an Australian bank after working for the English subsidiary of the bank for 3 years in London. He lives rentfree in a house owned by the bank. He has a bank account in Eng..
How to solve the linear programming problem : Explain whether you recommend that the investor invest less than 50% of his investment in blue-chip and speculative stocks - how to solve the linear programming problem by using the Excel Solver, perform a sensitivity analysis, and apply duality to ..
Calculate the rate at which neutrons leak from the slab : Consider a slab of nonmultiplying material with a plane source at its origin emitting S0 neutrons/ cm2 · sec. Also calculate the rate at which neutrons leak from the slab in each case.
Display the sum of the numbers entered : Design the logic (pseudocode and diagram) for a program that allows a user to continuously enter numbers until the user enters 0. Display the sum of the numbers entered.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Cash dividends of 60000 were paid in cashinvestments with a

the comparative balance sheet of nance company for the current year and the preceding year ended december 31 appears

  Lee provo is paid 20 per hour plus time-and-one-half for

lee provo is paid 20 per hour plus time-and-one-half for hours over 40 for a given week. during the week of january 21

  The manufacturing overhead budget at mahapatra corporation

the manufacturing overhead budget at mahapatra corporation is based on budgeted direct labor-hours. the direct labor

  On the day of the clinic great adventures receives cash of

on the day of the clinic great adventures receives cash of 2625 from 35 bikers. tony conducts the mountain biking

  At the market close on february 19 2010 mcdonalds

at the market close on february 19 2010 mcdonalds corporation had a closing stock price of 64.74. in addition

  Ipo presentation

Identify and explain the top five reasons private companies go public. Explain information the firm is required to provide to the investor with complete transparency.

  Shares of common stock at the market price

Burden Inc. is considering these two alternatives to finance its construction of a new $2 million plant: (a) Issuance of 200,000 shares of common stock at the market price of $10 per share. (b) Issuance of $2 million, 6% bonds at face value.

  Find action to not lose economic benefits of the credit

In addition, John and Susie would have topay higher rent. What course of action would you recommend toJohn and Susie?

  Identify the remaining general creditors

Pierre Imports will be liquidated. Its current balance sheet is given below. Fixed assets are sold for $900,000 and current assets are sold for $700,000.

  Problem regarding the goals for sales and income growth

Sunrise Corp. is a major regional retailer. The chief executive officer (CEO) is concerned with the slow growth both of sales and of net income and the subsequent effect on the trading price of the common stock. Selected financial data for the pas..

  As a long-term investment painters equipment company

as a long-term investment painters equipment company purchased 21 of amc supplies inc.s 404000 shares for 485000 at the

  Which are sunk are 20 per unit the market price of x is 70

which are sunk are 20 per unit. the market price of x is 70 per unit. beta division of carlson company uses product x

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd