User Account

All Pages

What amount should be reported on alpha company

Assignment Help Accounting Basics
Reference no: EM132190350

Question - On July 1, 2016, Alpha Company, a world famous international monthly food publication, sold 1,000 two-year subscriptions to their highly demanded monthly magazine. Each subscription sold for $15 each. Monthly magazines are mailed at the end of each month. Use this information to determine what amount should be reported on Alpha Company's December 31, 2016 balance sheet as a part of the Unearned Subscriptions Revenue related to the July 2016 sales.

Reference no: EM132190350

Questions Cloud

Trade-offs between economic and social benefits : What does this case illustrate about the trade-offs between economic and social benefits in international business? Explain.
Explain why that term is important to hrm : Explain why that term is important to HRM. What was the most interesting fact or concept you learned this term that you didn't know coming into the course?
Research a recent cyber attack that has taken place : Research a recent cyber attack that has taken place within the past 5 years. Could it have been prevented and how?
Bitcoins are approaching being unethical monetary : Do you think bitcoins are approaching being unethical monetary instruments without technically carrying a value similar to “real” money?
What amount should be reported on alpha company : Determine what amount should be reported on Alpha Company's December 31, 2016 balance sheet as a part of the Unearned Subscriptions Revenue related to the July
True regarding the distinction between profit and fee : Which is true regarding the distinction between “profit” and “fee”? Fees are contractor controlled. Profits cannot be negative amounts.
Most risk under firm fixed price contract : Who bears the most risk under a Firm Fixed Price (FFP) Contract? Price Analysis means?
What is the cost of equity and cost of debt : As of today, McCormick's market capitalization (E) is $14,237,510,000. What is the cost of equity and cost of debt? Also, find weighted average cost of capital
Managing business unit following differentiation strategy : What skills should a person have for managing a business unit following a differentiation strategy? Why?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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