Ottawa university sold 15,000 season football tickets at $80 each for its six-game home schedule. what entry should be made when the tickets were sold?

Which of the following policy decisions would not need to be disclosed in the Summary of Significant Accounting Policies (SSAP) ? a. Depreciation method b. Costing method for inventory c. Issuance of debt of equity d.

Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per year and sell them for $100 each. It costs Madelyn $20,000 for the raw materials to produce the 1,000 pieces of pottery.

A company makes concrete statues. Each statue requires 10 pounds of concrete at $2 per pound and 0.2 direct labor hours at $30 per hour. Overhead is assigned at the rate of $80 per labor hour.

Selected transactions for Front Room, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to investors for $15,000 in cash 2. Purchased used car for $10,000 cash for use in business. 3.

During 2016, Skechers U. S. A., Inc. had Sales of $3,563.3 million, Gross profit of $1,634.6 million and Selling, general, and administrative expenses of $1,278.0 million What was Skechers' Cost of sales for 2016? A) $1,115.7 million B) $1,928.

European interest in the Middle East intensified after oil was discovered in the region. a. True b. False

What type of marketing channel would Secure Insurance use if it offers its products exclusively through door-to-door salespersons?

Travis is employed in a logistics company. How can he best avoid workplace hazards? A. by staying seated at his desk B. by avoiding hazardous work C. by wearing safety goggles D. by maintaining an uncluttered workplace E.

The following information was taken from the financial statements of Hofburg Corp. for the year just ended: Accounts receivable, January 1 $ 21,600 Accounts receivable, December 31 30,400 Sales on account and cash sales 438,000 Uncollectible

China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?