On April 1, Griffith Publishing Company received $1,548 from Santa Fe, Inc. for 36-month subscriptions to several different magazines. The subscriptions started immediately. What is the amount of revenue that should be recorded by Griffith Publishing Company for the second year of the subscription assuming the company uses a calendar-year reporting period?
A) $0.
B) $516.
C) $387.
D) $129.
E) $430.
B) $516.
You might also like to view...
In 2014, the EU filed a complaint that the government of Washington state violated international trade rules by:
A) charging that cotton subsidies depressed prices and disadvantaged producers in emerging markets. B) prohibiting Internet gambling, the United States was violating global trade agreements. C) imposing 30 percent tariffs on a range of steel imports for a period of three years. D) imposing tariffs on a range of products imported from Brazil. E) extending tax incentives to Boeing for in-state manufacture of the 777x jetliner.
Total spending divided by the money supply equals
A. the reserve requirement. B. the transactions demand for money. C. the money multiplier. D. the velocity of money.
Which of the following falls under the NYSE recommended code of conduct component “Protection and Proper Use of Assets”?
a. unfair treatment of customers b. use of corporate information for personal gain c. employee retaliation d. theft
All of the following are nontrade receivables except
A. declared dividend from an investment. B. advances to executives and employees. C. promissory note from a customer. D. deposit paid to utility companies.