User Account

All Pages

Calculate amount of revenue that headlands should recognize

Assignment Help Accounting Basics
Reference no: EM132576320

Question - Headlands Ltd., an equipment manufacturer, sold and delivered a piece of equipment to a buyer for $108,000, with 50% payable in one year and the remaining 50% payable in two years from the date of sale. Headlands estimates that the interest rate for a similar financing arrangement would be 12%. Calculate the amount of revenue that Headlands should recognize on the date of sale.

Reference no: EM132576320

Questions Cloud

What you have learned regarding preparedness strategies : It is critical for healthcare professionals to be prepared to handle large-scale, public health emergencies. Consider the readings for the week, and think.
United states of america versus ross ulbrecht : Describe the reasons for having a totally anonymous means of accessing the internet. discuss the case involving United States of America versus Ross Ulbrecht
Compare the main various forms of medical group practice : Compare the main various forms of medical group practice. Next, select the form that would be most attractive to a newly licensed physician.
Analyze the impact of the digital age and social influences : Analyze the impact of the digital age and social influences on eating disorders. Analyze bio psycho-social treatment strategies for eating disorders
Calculate amount of revenue that headlands should recognize : Headlands Ltd., an equipment manufacturer, sold and delivered a piece of equipment to a buyer for $108,000, Calculate amount of revenue that Headlands recognize
Identify the key stakeholders and their responsibilities : Access Walmart's Global Statement of Ethics and identify the key stakeholders and their corresponding responsibilities (pages 5-7). Assume you are the Chief.
Show general journal entry to record the overlooked items : On 30 June 2017, Timon Ltd omits to process some items on the last day of the ?nancial year. Show general journal entry to record the overlooked items
Explain the role of social workers on an international level : Describe what you think is the role of social workers in equal rights and access to LGBTQ populations. Next provide a detailed explanation of your reaction.
What amount should kindness report as investment : In its December 31, 2019 balance sheet, what amount should Kindness report as investment in Compassionate Company

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd