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Please help! a. Based on the unearned revenue trends, what adjusting entries would need to be made in 2019 and how will this affect revenues
Please help!
a. Based on the unearned revenue trends, what adjusting entries would need to be made in 2019 and how will this affect revenues in 2019. Which GAAP principles require these adjusting entries. b. Based on the data analysis, would you tell the CEO of the airline that there is a standard unearned revenue to total revenue ratio to benchmark against. What factors should be considered when determining what unearned revenue to total revenue ratio value to compare to? c. What is the general trend of unearned revenue for airlines in 2015 to 2018? What would be possible causes for the increase or decrease? d. ? Is there a correlation between unearned revenue to total revenue ratio and total revenue in 2018 ? Will give thumbs up!! You are appreciated !!! Unearned Revenue Dashboard for Major US Airlines Fiqure 1: Unearned Revenue vs Total Revenue in 2018 Unearned R.. Total Reven... Unearned R.. Total Reven., Unearned R.. Total Reven.., Unearned R.. Total Reven.., Unearned R.. Total Reven.., Unearned R.. Total Reven.. Data Source: Yahoo Finance for Major US Airlines for periods 2015-2018. a. Based on the unearned revenue trends, what adjusting entries would need to be made in 2019 and how will this affect revenues in 2019. Which GAAP principles require these adjusting entries. b. Based on the data analysis, would you tell the CEO of the airline that there is a standard unearned revenue to total revenue ratio to benchmark against. What factors should be considered when determining what unearned revenue to total revenue ratio value to compare to? c. What is the general trend of unearned revenue for airlines in 2015 to 2018? What would be possible causes for the increase or decrease? d. ? Is there a correlation between unearned revenue to total revenue ratio and total revenue in 2018 ? Will give thumbs up!! You are appreciated !!! Unearned Revenue Dashboard for Major US Airlines Fiqure 1: Unearned Revenue vs Total Revenue in 2018 Unearned R.. Total Reven... Unearned R.. Total Reven., Unearned R.. Total Reven.., Unearned R.. Total Reven.., Unearned R.. Total Reven.., Unearned R.. Total Reven.. Data Source: Yahoo Finance for Major US Airlines for periods 2015-2018Step by Step Solution
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