It's friday night. you already have a ticket to a concert, which cost you $30. a friend invites you to go out for a game of paintball instead. admission would cost you $25, and you think you'd get $25 worth of enjoyment out of it. your concert ticket is nonrefundable.

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Personal financial planning is the process of creating and achieving financial goals? true or false