Identify which type of adjustment is associated with this account, and what the other account is in the adjustment. Choose accrued revenue, accrued expense, deferred revenue, or deferred expense.

B. Interest Receivable

How is unearned revenue reported on the balance sheet?

Identify the main sources of revenue for state governments.

Which of the following breaks down company financial information into specific time spans, and can cover a month, quarter, half-year, or full year?

A. accounting period

B. yearly period

C. monthly period

D. fiscal period

If p(x)=(-1/4)x+12, find the revenue and marginal revenue functions.

At the corner Esso station, the revenue R varies directly with the number g of gallons of gasoline sold. If the revenue is $46.67 when the number of gallons sold is 13, find an equation that relates revenue R to the number g of gallons of gasoline. Then find the revenue R when the number of gallons of gasoline sold is 11.2.

The total revenue, in dollars, for a commodity is described by the function

$$R=300 x-0.02 x^2$$

(a) What is the marginal revenue when $40$ units are sold?

(b) Interpret your answer to part (a).

In business, marginal revenue is a phrase used to represent the rate of change, or slope, of a revenue function that relates the revenue R to the number of units x sold. If a revenue function is given by the function R(x)=210x, find

a. $R(0)$

b. $R(1)$

c. $R(10)$

d. Marginal revenue

Total revenue is $R(x)=\frac{1,500 x}{(\ln (5 x+3))}$. Find the marginal revenue function.

Identify which type of adjustment is indicated by these transactions. Choose accrued revenue, accrued expense, deferred revenue, deferred expense, or estimate.

D. fees earned but not yet collected

Would you expect Starbucks to use a sample or census to measure each of the following? Explain.

The revenue from coffee sales as a percentage of Starbucks’ total revenue last year.

Which account would be credited when closing the account for rent expense for the year?

A. Prepaid Rent

B. Rent Expense

C. Rent Revenue

D. Unearned Rent Revenue

Which of these transactions requires an adjusting entry (debit) to Unearned Revenue?

A. revenue earned but not yet collected

B. revenue collected but not yet earned

C. revenue earned before being collected, when it is later collected

D. revenue collected before being earned, when it is later earned

Each equation represents a demand function for a certain product, where p denotes the price per unit for q units. Find the marginal-revenue function in each case. Recall that revenue = pq. p = 300/q