NationalsWin Corporation received $600 in cash from customers on December 1 in advance of performing a work. By December 31, NationalsWin had earned $450 of the amount. What is the balance in unearned revenue on December 31?

Which of the following best exemplifies corporate social responsibility?

A) a computer firm charging a fee for the recycling of old computers B) an automobile manufacturer selling low fuel economy cars and trucks C) a telecommunications firm charging high rates to low income customers D) an automotive battery firm offering to recycle car batteries free of charge

Because of the belief that accounting-based numbers such as ROI, ROE, and EPS are not reliable indicators of a corporation's economic value, which method of corporate performance is now preferred?

A) shareholder value B) basic earning power C) price/earnings ratio D) profit margin on sales E) return on assets