Exercise 9-5 (Algo) Calculate earned revenues LO 1 Big Blue University has a fiscal year that ends on June 30. The 2019 summer session of the university runs from June 7 through July 26. Total tuition paid by students for the summer session amounted to $112,000. Required: a. How much revenue should be reflected in the fiscal year ended June 30, 2019? 8 Answer is complete but not entirely correct. Amount of revenue $ 52,571 X b. Would your answer to part a be any different if the university had a tuition refund policy that no tuition would be refunded after the end of the third week of summer session classes? Yes O No O

Exercise 9-5 (Algo) Calculate earned revenues LO 1 Big Blue University has a fiscal year that ends on June 30. The 2019 summer session of the university runs from June 7 through July 26. Total tuition paid by students for the summer session amounted to $112,000. Required: a. How much revenue should be reflected in the fiscal year ended June 30, 2019? 8 Answer is complete but not entirely correct. Amount of revenue $ 52,571 X b. Would your answer to part a be any different if the university had a tuition refund policy that no tuition would be refunded after the end of the third week of summer session classes? Yes O No O

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Plz answer in 10 mints
KINGDOM OF SAUDI ARABLA MINISTRY OF HIGHER EDUCATION 4 Imam Muhammad thn Sand hlamie Universio College of Ecenomies and Adminirative Selenees Department of inance and Investment Acedemic year1442-144 Level i four Caurne Princiuler af finance and investment-FINI02 Home exercises 1 All results must be numerie and rounded to the nearest hundredth When you round off to the hundredih digit, you look at only the thousandth digit Le you focus only on the next digit. Say x- 8678.4546 When you round it to the nearest hundredth digit, you get - 8678.45 Say z= 8678.4556 When you round it to the nearest hundredth digit. you get z 8678.46 Question1: You are given the following information about a corporation. Statement income 2019 2020 Sales 250 300 Operating costs Depreciations Net Working Capital Capital Spending If we assume the firm faces a 20% tax rate, calculate the free cash flow (FCF) for the year 2020. 180 200 45 20 50 25 45 50 Question2: You are considering an investment in a new project.…
Word Problem Question 3: (You have to submit an image of your FULL solution to the question in eConestoga -> Course Tools -> Assignments [Midterm Submission]) A loan (promissory note) of $8,200 was made. It is to be paid back in 4 years with interest of 3.65% compounded quarterly. What would be the appropriate price to pay for the contract 6 months after the original contract date to yield the buyer 7.85% compounded semi-annually? Round you final answer to two decimals. Do not round intermediate steps. Do not include the dollar sign ($) in your answer. For example, $89.36 input as 89.36. Your Answer: Answer
Plz complete solution with out excel.
Answer showing excel
A28
Dineshbhai
Bare Associates International 9990 Fairfax Blvd, Suite 100 Fairfax VA 22030 www.bareinternational.com Ms. Nicole Hartford BARE Invoice No.: 3073773 PSB Academy Pte Ltd Client Invoice No.: 15 Sioux Ln Suite 114 Gaithersburg MD, 20878 Purchase Order No.: Invoice Date: Oct 18, 2024 Payment Due: Oct 21, 2024 Please pay from this invoice and mention the BARE Invoice Number on your remittance. Date Completed Assignment ID Unit Fees Expenses *Credits Total Due Count: 0 Sub Total: Type Project/Description Fees *Credits Total Due Prepay Project cost - Initial (10%) + Project cost-fieldwork start (40%) of Mystery Shopping Services 2024 $ 6,477.75 $1,000.00 $ 6,477.75 Count: $ 1.00 Sub Total: $6,477.75 Invoice Sub Total: $ 6,477.75 Late Fees: $ - *Sum of Credits: $ - Total: $ 6,477.75 Payments $ - Total Due: $ 7,000.00
Please answer competely and properly
Q1 B
Spring 2021 Final Exam(2) Saved to this PC - егences Mailings Review View Help AaBbCcD AaBbCcDc AaBbC AaBbCcC A aB 三。 I Normal T No Spac. Heading 1 Неading 2 Title Paragraph Styles 6-Dyson Manufacturing Company had the following financial statement results for last year. Net sales were $1.2 million with net income of $90,000. Total assets at year-end amounted to $900,000. a. Calculate Dyson's asset turnover ratio and its profit margin. b. What is Dyson's rate of return on assets. 7-Marriot Corporation has two bond issues outstanding, each with a par value of $1,000. Information about each is listed below. Suppose market interest rates rise 2 percentage point across the yield curve. What will be the change in price for each of the bonds? Does this tell us anything about the relationship between coupon rate and interest rate risk? Bond A: 10 years to maturity, 0 percent coupon, market interest rate is 10 percent. Bond B: 10 years to maturity, 10 percent coupon, market interest rate is 10…
V Content Pearson (Assignments) - MA Ô https://www.mathxl.com/Student/PlayerTest.aspx?testld%3D225147196 3 103 Spring 2021 st: Test 2 (Finance) Online nis Question: 1 pt 5 of 19 (1 complete) ▼ How much must be deposited today into the following account in order to have a $135,000 college fund in 11 years? Assume no additional deposits are made. An account with quarterly compounding and an APR of 7.32% Sshould be deposited today. (Do not round until the final answer. Then round to the nearest cent as needed.)