Providing goods or services to customers on account is an example of a(n):
A. Accrued revenue.
B. Deferred revenue.
C. Prepaid expense.
D. Accrued expense.
Answer: A
You might also like to view...
The value of Broadway-Brooks Inc.'s operations is $900 million, based on the free cash flow valuation model. Its balance sheet shows $70 million in accounts receivable, $50 million in inventory, $30 million in short-term investments that are unrelated to operations, $20 million in accounts payable, $110 million in notes payable, $90 million in long-term debt, $20 million in preferred stock, $140 million in retained earnings, and $280 million in total common equity. If the company has 25 million shares of stock outstanding, what is the best estimate of the stock's price per share?
A. $23.00 B. $25.56 C. $28.40 D. $31.24 E. $34.36
A characteristic of the manager that may affect managerial discretion is his/her:
A. amount of industry experience. B. level of education. C. tolerance for ambiguity. D. length of tenure.
Empty space on a page is called ________ space, which can improve readability
Fill in the blank(s) with correct word
Latashia reports $100,000 of gross income on her 2018 tax return, filed on the april 17,2019 due date.She omits $30,000 of income,but error was not fraudulent. When does the statue of limitations for examining her tax return expire?
A: April 17,2025 B: April 17, 2022 C: April 17 2021 D: It never expires.