Reader digest association is a publisher of magazines

Reference no: EM13712021

Reader's Digest Association is a publisher of magazines, books, and music collections. The following note is from a recent annual report:
Revenues
Sales of our magazine subscriptions are deferred (as unearned revenue) and recognized as revenues proportionately over the subscription period.
Assume that Reader's Digest (a) collected $420 million in 2012 for magazines that will be delivered later in 2012 and 2013, and (b) delivered $204 million worth of magazines on these subscriptions in 2012

Reference no: EM13712021

Questions Cloud

The advantages of doing business as a limited liability : What are the advantages of doing business as a limited liability company? That is, if you want to open a small business, you have several options---sole proprietorship, partnership, LLC, etc. Why might you select a LLC over the other options..

What would be her marginal rate of technical substitution : The equation and scenario is in the file A.) What would be her marginal rate of technical substitution between the inputs in her production of food? What about in her production of "everythingelse"?

New neighbors in the apartment complex : Please answer in 800 words. Linda and Larry are angry because their new neighbors in the apartment complex, Dale and Donna, seem to hold late-night parties every Thursday. Linda and Larry both have long work days that require them to rise earl..

What happens when demand changes : Quantity = 200 - 5 (P) Total Cost = 400 + (4) Q Looking to find P and Q. I have the answers but am looking for step by step instructions. I get to P=40-Q/5 and then I plug that into TR = P x Q but I get stuck shortly after that. I al..

Reader digest association is a publisher of magazines : Reader's Digest Association is a publisher of magazines, books, and music collections. The following note is from a recent annual report:Revenues Sales of our magazine subscriptions are deferred (as unearned revenue) and recognized as revenues ..

Aim to maximize revenue rather than profits : A firm's managers aim to maximize revenue rather than profits. At the same time, shareholders stipulate that an acceptable profit of m should be achieved. (Suppose the managers set to achieve this exactly.) The firms revenue R is a function o..

1.explore why lump sum tax, even though efficient are rarely : 1.Explore why lump sum tax, even though efficient are rarely used.2.Using demand and supply analysis, discuss how a tax on labour income (hours of work available is fixed) creates excess burden between the paid and unpaid labour markets.

Play an important role in achieving your goals in the near : What are your future plans? Do you think learning economics will play an important role in achieving your goals in the near future? Briefly discuss.

What your average money holding : Suppose you earn $6000 per month and spend $200 in each of the months 30 days. If you deposit $2000 into your checking account on the 1st, 11th and 21st days of the month, what's your average money holding

User Account

All Pages