Current Year Current Year Prior Year Prior Year Amount Percent Amount Percent Revenues: fill in the blank % $100,694 fill in the blank% fill in the blank % 146,980 fill in the blank% Admissions $90,639 Event-related revenue 136,900 NASCAR broadcasting revenue Other operating revenue 224,227 fill in the blank % 217,469 fill in the blank% 60,390 fill in the blank % 31,320 fill in the blank% Total revenues $512,156 fill in the blank % $496,463 fill in the blank% Expenses and other: Direct expense of events $(102,786) fill in the blank $(104,303) fill in the blank

Current Year Current Year Prior Year Prior Year Amount Percent Amount Percent Revenues: fill in the blank % $100,694 fill in the blank% fill in the blank % 146,980 fill in the blank% Admissions $90,639 Event-related revenue 136,900 NASCAR broadcasting revenue Other operating revenue 224,227 fill in the blank % 217,469 fill in the blank% 60,390 fill in the blank % 31,320 fill in the blank% Total revenues $512,156 fill in the blank % $496,463 fill in the blank% Expenses and other: Direct expense of events $(102,786) fill in the blank $(104,303) fill in the blank

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Answer showing excel
Fink Insurance collected premiums of $18,300,000 from its customers during the current year. The adjusted balance in the Deferred premiums revenue account increased from $5.0 million to $9.3 million dollars during the year. What is Fink's revenue from insurance premium recognized for the current year? Multiple Choice $9,000,000. $22,600.000. $14,000,000
14 Victory ML Bus company has the following data for the first quarter of 2021: Gross receipt from passengers P 8,000,000 Gross revenue from cargo operations 5,000,000 Expenses – Passengers operation 4,750,000 Expenses – Cargo operations 2,500,000 Gross receipt from rental of facilities 2,000,000 Additional info: 25% of its gross revenue from cargo operations were still outstanding as of the end of the quarter Required: determine the total business tax due for the first quarter
a companys sales in year 1 350,000 and in year 2 387,500 using year 1 as the base year the percent charge for year 2 compared to the base year is 100% 12% 11% 10% 90%
Godo Subject: acounting
Income from Continuing Operations
Years Revenue Cash Expense Book Depreciation Book Income Pre-Tax Book Tax at 32% After Tax Book Income Financial Measures Profit Margin % Net Assets ROA % Cashflow Revenue Cash Expense Tax Depreciation Pretax Income Tax at 32% After Tax Income After Tax Cashflow Cumulative Cashflow Payback Period Present Worth 10 PW12 PW15 IRR PV Index(15) Facility Cost Income Tax Rate 0 C. -9.5 d. -12.4 $ 100,000.00 2.2 Years 91740.92679 0.395702526 1 0.684350818 $ 100,000.00 32% $30,000.00 $100,000.00 $120,000.00 $140,000.00 $150,000.00 $150,000.00 $50,000.00 $60,000.00 $70,000.00 $75,000.00 $75,000.00 2 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $0.20 $20,400.00 $27,200.00 $0.26 $9,600.00 $12,800.00 $16,000.00 $17,600.00 $17,600.00 $20,400.00 ($100,000.00) $40,400.00 $51,040.00 ($100,000.00) -$59,600.00 -$8,560.00 $40,000.00 $50,000.00 $55,000.00 $55,000.00 $0.23 3 $0.45 $36,727.27 $80,000.00 $60,000.00 $40,000.00 $20,000.00 $0.85 $1.87 4 $19,040.00 5 $34,000.00 $37,400.00 $0.24…
Assume the financial statements of a non-profit organization had the following financial data at 12-31-22: Change in net assets yr/yr $550,000 Revenue & Gains $10,550,000 Beginning year net assets $4,830,000 1)How much were the expenses for the year? 2) Assume that there were $2,100,000 of fund-raising expenses. Which of the three below areas would those expenses usually fall under: a. Unrestricted b. Temporarily restricted c. Permanently restricted