A country club charges its members $15,000 per year for full rights to use the club, which includes access to dining facilities, tennis courts, two golf courses, and the swimming pool. The club operates with a fiscal year ending June 30. The annual fee is automatically collected from all members on July 1 of each year and covers the upcoming period July 1-June 30. With 350 members as of June 30, Year 3, what amount of Year 4 revenue will be reflected on the interim Year 4 income statement through December 31?

Choose the best term for each definitionexpense, liability, monetary asset, statement of financial position, tangible asset, net worth, market value, investment asset, income, assetitems of monetary value a person or household ownsmoney spentmoney receivedfinancial assets purchased with the hope that they will generate income and appreciate in value to make it possible to sell at a higher price in the futurea debt or obligation owed to othersthe amount you could realistically sell an asset forassets that can be quickly and easily converted into casha measure of financial wealth and indicates the monetary value of all possessions that a person or household owns, minus the total amounts owed to othersa financial statement that describes an individual or family's financial condition on a specified date by showing assets, liabilities, and net worthpersonal property that was purchased to create a lifestyle or improve your life

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

In the 1970s, kmart used blue light specials to encourage customers to flock to a particular department having a temporary sale. a spinning blue light activated for approximately 30 seconds, and then an in-store announcement informed shoppers of the special savings in the specific department. over time, loyal kmart shoppers learned to flock to the department with the spinning blue light before any announcement of special savings occurred. if kmart was employing classical conditioning techniques, what role did the spinning blue light play?