Recognized on the march income statement from this order

Assignment Help Financial Management
Reference no: EM131538140

In the Month of March, Digby received orders of 107 units at a price of $15.00 for their product Dome. Digby uses the accrual method of accounting and offers 30 day credit terms. Digby delivers 107 units in April. They received payment for 54 units in March, and 54 units in April. In the March income statement, how much revenue is recognized on the March income statement from this order? How much in the April Income statement? (Answer in thousands)

Select: 1 $1,605 , 0 0, $803 $803 , $803 0, $1,605

Reference no: EM131538140

Questions Cloud

Firm recently paid an annual dividend : A firm recently paid an annual dividend of $1.37 a share. how much are you willing to pay to purchase one share of this stock today?
Compute free cash flow and estimate the value of stock : Compute Free Cash Flow and Estimate the value of a stock using the following information:
Assuming interest expense is unchanged : Assuming interest expense is unchanged, what level of sales will the firm need to meet the CEO's wishes?
How much interest does fred earn from this account : Fred Flintstone deposits $50 every month into an ordinary annuity. How much interest does Fred earn from this account?
Recognized on the march income statement from this order : In the March income statement, how much revenue is recognized on the March income statement from this order?
Show the parse trees for each of the given sentences : Show the parse trees (which can be generated in ANTLRWorks) for each of the following sentences. Examples of SYNTACTICALLY INVALID Input Strings.
Parental permission to conduct the assessment : Have all materials ready before the assessment session and review procedures for administering the assessment before the child arrives.
Where do cfos get their money news : Where do CFOs get their money news? According to Robert Half International, 47% get their money news from newspapers, 15% get it from communication/colleagues
What is the population of survey : a. What is the population of this survey? 350 b. What is the size of the population? 9500

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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!

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