Consider FASB standards for reporting revenues from government grants received by a not-for-profit organization. Answer the following questions:

a. What features of government grants indicate they are conditional contributions?

b/ When should revenue be recognized under a cost-reimbursement grant?

9. Consider a case where the government decides to increase taxes on cigarettes. Assume a shape of the supply and demand curves for cigarettes. Given your curves, how does the increase in tax change the amount of government tax revenue? Explain in words and graphically.

the impact of changing our current federal tax code to a proportional tax for personal income from the current progressive tax we have currently. What you feel would be the impact on tax revenue, labor supply, etc. Explain in detail.

Write a script pitch of a new product or service to an existing company of your choosing. Demonstrate your target customer, the problem you are solving, the value of your idea, and the revenue potential of the target you selected. Be sure to discuss differentiation and the existence of competition.

• Define and explain what is an Income Statement.
• What is the nature of the Income Statement? Please give an example by reviewing the Income Statement of any corporation and sharing it through the platform. Does the organization have more Expenses than Revenue - List the Expenses of the organization?

Can you discuss Section 751 as related to partnerships? Assets include property, unrealized receivables and inventory, like are likely to generate revenue when sold. Can you discuss Section 751 and why it is important to understand when discussing partnerships?

Go to the FASB Accounting Standards Codification.

1. Determine the specific citation for allowing short-term liabilities expected to be refinanced to be classified as long-term liabilities.

2. Determine the specific citation for when a contract doesn't exist for purposes of recognizing revenue.

In the context of the triple bottom line (TBL), which of the following is a performance measure of economic sustainability?

Select one:

a. Fines for environmental violations

b. Corporate ethics and governance

c. Revenue from new goods and services

d. Measures of perceived value

Your company is a fitness center. On December 1, 2015, a customer pays $600 for 1-year membership to the center.   When you collected the cash, you credited Unearned Revenue, a liability account.

The adjusting journal entry on December 31, 2015 is:

if a worker is from Ebngland but he work at Australia ,he has a house in England to be rent ,but the wage he receive in Australia he is transfer to England to bulid house ,so the revenue he receive from England need to be count in Australian taxation