The following independent situations require professional judgment for determining when to recognize revenue from the transactions. identify when revenue should be recognized in each of the situations. (a) southwest airlines sells you an advance-purchase airline ticket in september for your flight home in december. select the period (b) ultimate electronics sells you a home theater on a “no money down and full payment in three months” promotional deal. select the period (c) the toronto blue jays sell season tickets online to games in the skydome. fans can purchase the tickets at any time, although the season doesn’t officially begin until april. the major league baseball season runs from april through october. select the period (d) you borrow money in august from rbc financial group. the loan and the interest are repayable in full in november. select the period (e) in august, you order a sweater from sears using its online catalog. the sweater arrives in september, which you charged to your sears credit card. you receive and pay the sears bill in october. select the period click if you would like to show work for this question: open show work

Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?

Which phase describes the income effect