In 20X1, Ginzel Corporation agreed to provide a client with 20 detailed marketing analyses of its client's key products for a total fee of $110,000. The fee was computed as $5,000 per report × 20 reports = $100,000, plus $10,000 to extract the necessary data from the client's system and convert it into the format Ginzel needs to do the analysis. It cost Ginzel $4,000 to complete the data extraction and conversion. As of December 31, 20X1, Ginzel has completed the conversion of the data and has completed and delivered 7 of the 20 marketing reports to the client. 1. How much revenue should Ginzel recognize in 20X1? 2. How should Ginzel account for the $4,000 in costs it incurred to extract and convert the client's data?

Answers

Answer 1

Answer:

$38,500$1,400

Step-by-step explanation:

1. According to the Accrual Principle of Accounting, revenue should only recognized when the goods or services for which it was paid for have been delivered. In other words, revenue should only be recognized when earned.

As of December 1, 20X1, Ginzel had only completed 7 of the 20 reports so the revenue recognized should be for the completed reports alone.

Total revenue for 20 reports = $110,000

Revenue for 7 reports = 7/ 20 * 110,000

= $38,500

2. The Accrual principle also applies to expenses and states that expenses should only be accounted for when incurred. As the $4,000 relates to all the reports, it should be apportioned evenly.

The costs of extraction and conversion of data for the year should therefore be;

= 7/20 * 4,000

= $1,400


Related Questions

What is less than 1/2

Answers

Answer:

1/4

Explanation:

1/2 is 0.5 and 1/4 is 0.25 which is less than 0.5.

How do you graph y=-3x+2 y=2x-3

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See the images attached

***LOTS OF POINTS WILL GIVE BRAINLIEST***


Increase 5.4 by 1 1/27

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Answer:

Step-by-step explanation:

Answer:

Hi I made myself an account

Step-by-step explanation:

CAN SOMEONE PLEASE HELP ME PLEASE

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Answer:

1.5 ounces

Step-by-step explain:

for every 3 ounces of juice, 2 ounces of water is needed.

therefore, 3/2 = 1.5 ounces

The coordinates of point T are ​(​0,5​). The midpoint of ST is ​(​3,-5​). Find the coordinates of point S. (Type an ordered pair)

Answers

The coordinates are (6,-10)

Help me pleaseee I don’t understand

Answers

I'll solve one from each kind

Q1)

6 = a/4 + 2 (mutiply both sides)

24 = a + 8 (move the terms)

-a = 8 - 24 (calculate)

-a = 8 - 16 (change the signs)

a = 16

Q8)

2( 2 + 5) = -2 (divide both sides)

n + 5 = -1 (move the constant to the right)

n = -1 - 5 (calculate)

n= -6

Q3)

9x - 7 = 7 (cancel equal terms)

9x = 0 (divide both sides)

x = 0

How many terms are in the expression? 3x²-6x+1​

Answers

Answer:

3

Step-by-step explanation:

3x2 is a term, -6x is a term, and 1 is a term (i could be wrong)

There are 3 terms: 3x^2, -6x, and 1.

A computer software program is $45 plus 5.5% tax. Find
the final price.

Answers

I think it’s $47.48 but I’m not sure tho
Hope it helped

Final price = price x (1 + sales tax)

Final price = 45 x 1.055 = $47.48

VX
There are 8 girls and 5 boys on the math team. Which ratio correctly describes the relationship between boys and girls
on the math team?

Answers

Answer:

If boys to girls, 5:8. If girls to boys, 8:5.

Step-by-step explanation:

There are 8 girls and 5 boys. That means the ratio could be 8:5 or 5:8. You didn't specify in the question which one, so I can't tell you which one. But, if the question asks for boys to girls, put 5:8. If it asks for girls to boys, but 8:5.

The cost of renting a kayak for one hour is $23. Each additional hour is $8 more. Write the formulas to represent the situation.

Answers

Answer:

Step-by-step explanation:

Add and then multiply the one left

Answer: 23+8h=d

Step-by-step explanation: Lets say that h is the amount of hours if she is to rent it anymore and d is the amount of money

jonathan rode his bike at a speed of 14 miles per hour. he rode for 6.5 hours. how far did he ride his bike

Answers

Answer:

91 miles

Step-by-step explanation:

14 x 6.5 = 91

A is located ( 1, -1) and B is located (4, 4) Find the coordinates of point that partition
B in ratio 1: 4

Answers

Answer:

5 -3

Step-by-step explanation:

if the ab ratio is 1:4 wouldnt i need a diagram for that?

Need help..................

Answers

Answer:

I only

Step-by-step explanation:

1 - 2x <= 8

-2x <= 7

x >= -7/2

x >= -3.5

-2 is a solution

Answer: I only

Answer:

answer is 1 only

as 1-2 (-2) < 8

1+ 4 < 8

5 < 8 satisfies the given equation


Bridal Solutions, which sells European wedding dresses, has the following weekly
revenue and cost functions:
R(d) = 12000
C (d) = 350d + 5000
where R (d) represent the weekly revenue for selling d wedding dresses and
C(d) represent the weekly cost for selling d wedding dresses.

Answers

Answer:

Step-by-step explanation:

Given the weekly revenue and cost function

R(d) = 12000

C (d) = 350d + 5000

A firm break even point occurs when the amount of revenue is equal to the cost.

If the company Bridal solution breaks even then C(d) = R(d)

350d + 5000 = 12000

350d = 12000 - 5000

350d = 7000

divide both sides by 350

350d/350 = 7000/350

d = 20

Hence the total number of wedding dressing to be sold by Bridal Solutions for them to break even is 20 dresses.

Write the equation in slope-intercept form.
5x + 3y = 11

Answers

Answer:

y = -5/3 x + 11/3

Step-by-step explanation:

5x +3y = 11

3y = 11 - 5x

y = -5/3 x + 11/3

How many people can fit on an escalator?
(In units).

Answers

Answer:

21 i think

Step-by-step explanation:

Subtract.
8- (-5)
i cant find the answer to this

Answers

Answer:

13

Step-by-step explanation:

[tex]8-(-5)=\\\\8+5=\\\\13[/tex]

Hope this helps.

Answer

13

Step-by-step explanation:

Whenever you have a - - it becomes a +.

So 8 - (-5) becomes 8+5


I need help with this questions

1) If R is the midpoint of QS,find QS

2) If B is the midpoint of AC ,and AC =8x-20, find BC​

Answers

QS=7x-1
BC=5x-19
I think so...

What should happen to both sides of the equation to isolate the variable?

Answers

Answer:

If two expressions are equal to each other, and you add the same value to both sides of the equation, the equation will remain equal. When you solve an equation, you find the value of the variable that makes the equation true. In order to solve the equation, you isolate the variable

Step-by-step explanation:

Solve for x 2x−3 = 5

Answers

Answer:

5=5

Step-by-step explanation:

5

2x−3=5

1 Let

x

=

4

x=4.

2

×

4

3

=

5

2×4−3=5

2 Simplify

2

×

4

2×4 to

8

8.

8

3

=

5

8−3=5

3 Simplify

8

3

8−3 to

5

5.

5

=

5

5=5

Answer:

x=4

Step-by-step explanation:

Add three to both sides 2x=5+3

Simplify  5+35+3  to  88. 2x=8

Divide both sides by 22.  x= 8/2

Simplify 8/2 to 4

x=4  

hope this helps plz mark brainliest :)

8 − a = 17. What does a equal?

Answers

Answer:

a = -9

Step-by-step explanation:

8 - a = 17

8 -17 = a

-9 = a

Answer:

-9

Step-by-step explanation:

subtract 8 from both sides. divide -1 by both sides it gives you -9. When put into the equation the two negatives make a positive and you add 8 + 9 which gives u 17.

Find the distance between the two given points. (-6, -5) and (2, 0)

Answers

Answer:

The answer is

[tex] \sqrt{41} \: \: or \: \: \: 6.403 \: \: \: units[/tex]

Step-by-step explanation:

The distance between two points can be found by using the formula

[tex]d = \sqrt{( {x1 - x2})^{2} + ({y1 - y2})^{2} } \\ [/tex]

where

(x1 , y1) and (x2 , y2) are the points

From the question the points are

(-6, -5) and (2, 0)

The distance is

[tex]d = \sqrt{ ({ - 6 - 2})^{2} + ({ - 5 - 0})^{2} } \\ = \sqrt{ ({ - 4})^{2} + ({ - 5})^{2} } \\ = \sqrt{16 + 25} \: \: \: \: \: \: \: \: \: \: \: \: \: \: [/tex]

We have the final answer as

[tex] \sqrt{41} \: \: or \: \: \: 6.403 \: \: \: units[/tex]

Hope this helps you

3-7=
4-6=
3+-6=
4--1=
-5+-5=
-3+5=
-4-6=

Answers

Answer:

Answers are below

Step-by-step explanation:

3 - 7 = -4

4 - 6 = -2

3 + -6 = -3

4 - - 1 = 5

-5 + -5 = -10

-3 + 5 = 2

-4 -6 = -10

Hope this helps!!

The m∠B is two more than three times the measure of ∠C. If ∠B and ∠C are complementary angles, find the measures of both angles.

Answers

Answer:

m∠B= 67

m∠C= 23

Step-by-step explanation:

okay so same thing we did before except they will equal 90 not 180

B= 3(c)+2

c+b=90

c+3(c)+2=90

4c+2=90

4c=92

c=23

now input them! or subtract!

90-23=67

m∠C=23

m∠B=67

Zane is washing cars to help pay for a school trip. He gets paid $8 for every car he washes and made a total of $64 on Saturday. Write an equation to show how many cars Zane washed on Saturday.
8 − x = 64
64x = 8
8 + x = 64
8x = 64

Answers

Answer:

I just to the test

It D: 8x=64

Answer:

D: 8x = 64

Step-by-step explanation:

($8) equals the amount he makes for washing 1 car

($64) is the total amount Zane has made from washing cars

(X) is equal to how many cars he has washed for the total to be $64

Now, all we have to do is write down an equation that shows how we can find how many cars have been washed for him to get his sum of $64.

8 times x (x is equal to the number of cars he's washed) so 8 times something (or x) gives you the amount of money Zane has made which would be the only viable answer to the question.

8 - x = 64 - Incorrect

You would not be subtracting the amount of cars Zane has washed by the amount of money he is making per car.

64x = 8 - incorrect

This would mean you're multiplying the total amount of money Zane has made, by how many cars he's washed, which then equals the amount he makes per car. Doesn't make sense ik.

8 + x = 64 - incorrect

While this could look like a viable answer to what they're asking, don't be tricked. You have to multiply the number of cars Zane has washed by the amount he makes per car, otherwise you would just be adding 8 plus the number of cars he washed which does not equal $64.

Hope this helped:)

Please help me solve this radical problem

Answers

Answer:

17root13

Step-by-step explanation:

since they have the same radical you can just add the outside.

2x/x-5 = 4 (solve this equation)

If possible, do please tell me on how to do these kind of questions! <3

Answers

Answer:

x=10

Step-by-step explanation:

(2x)/(x-5)=4

first you multiply the denominator on both sides

2x=4(x-5)

then multiply

2x=4x-20

then move all the x variables to one side and the constants to the other with subtraction and addition

20=2x

divide and you get x=10

you can plug this in to check your work and you'll see: (2(10))/(10-5)=4 or 20/5=4 which you know is true

If 24 = 3 • 2*, then x=​

Answers

Greetings from Brasil...

Exponential equation - objective: to make the bases of the 1st and 2nd members equal

24 = 3 · 2ˣ    let's move from 3 to the 1st member

24 ÷ 3 = 2ˣ

8 = 2ˣ     simplifying 8: 8 = 2³

2³ = 2ˣ    as the bases are the same, we work only with exponents

3 = X

How do you write 3.8 in scientific notation?

Answers

Answer:

3.8 × 10^{1}

Step-by-step explanation:

Calculating scientific notation for a positive integer is simple, as it always follows this notation: a x 10b.

Follow the steps below to see how 38 is written in scientific notation.

Step 1

To find a, take the number and move a decimal place to the right one position.

Original Number: 38

New Number: 3.8

Step 2

Now, to find b, count how many places to the right of the decimal.

New Number: 3 . 8

Decimal Count: 1

There are 1 places to the right of the decimal place.

Step 3

Building upon what we know above, we can now reconstruct the number into scientific notation.

Remember, the notation is: a x 10b

a = 3.8

b = 1

Now the whole thing:

3.8 x 10^{1}

Step 4

Check work:

10^{1} = 10 x 3.8 = 38

Identify the equation modeled below, and then find its solution.

Answers

the equation is 6x-4=-2x-2

and x=4
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