Gupta industries received a $380,000 prepayment from packard associates for the sale of new equipment. gupta will bill packard an additional $108,000 upon delivery of the equipment. upon receipt of the $380,000 prepayment, how much should gupta recognize for a contract asset, a contract liability, and accounts receivable? a) contract asset $380,000, contract liability: $0, accounts receivable, $108,000. b) contract asset: $0: contract liability: $380,000, accounts receivable, $108,000 c) contract asset: $380,000, contract liability: $0, accounts receivable, $0. d) contract asset: $0, contract liability: $380,000, accounts receivable, $0.

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.