Pay-off The matrix of conditional values associated with all the potential combinations of acts and occurrences is shown by the table.
When choosing a decision option using the expected value strategy, the reward that really occurs will typically have a value that differs from the expected value. The result that has the highest utility will also have the largest payoff. A risk avoider will have a utility function that is concave.
First, the alternative should line up with the company's aims and objectives. Second, the alternative should be consistent with the present evaluation of the company's advantages. Third, the products must have market opportunities. The final need is that the product can be produced effectively and efficiently.
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* of the $55,000 of total fixed costs, $30,000 is rent. each product is allocated $15,000. the rent will continue even if the product is dropped. the rest of the fixed costs are related to each product and would be saved if the product was dropped. should product xyz be dropped? why or why not?
The operating profit would decrease by $10,000 if Product XYZ were to be dropped, hence the answer is no, it shouldn't be dropped.
If XYZ is eliminated, the company would save $10,000 in fixed costs ($25,000 - $15,000) and lose $20,000 in contribution margin, resulting in a $10,000 fall in profits. All variable costs are different if the corporation purchases the units. If the units are purchased, neither the fixed overhead nor the common costs will be reduced. The facilities that are no longer in use will be put to other uses if the units are purchased, which will result in a $2,500 difference in contribution.
Given the information below, a business should purchase the component if it is offered a buy price for 2,000 units at $5 each since they will save money $1,000:
Direct materials ($1.25 per unit) = $2,500
Labor ($2 per unit) = $4,000
Variable overhead ($1 per unit) = $2,000
Fixed overhead = $1,000
Common costs = $500
Variable costs = Direct materials + Labor + Variable overhead
Variable costs = ( $2,500 + $4,000 + $2,000 ) = $8,500
Opportunity Cost = Variable Costs + Direct Materials
Opportunity Cost = 8500 + 2500 = $11,000
opportunity cost = $11,000 vs . $10,000 to buy (2,000 units * $5)
Given the information below, the business should produce the component since they will save $2,000 if they are given a buy price for 5,000 units at $8 each:
Direct materials ($3 per unit) = $15,000
Labor ($2.40 per unit) = $12,000
Variable overhead = ($1.20 per unit) = $6,000
Fixed overhead = $10,000
Common costs = $4,000
All variable costs as well as $1 in fixed overhead per unit are reduced if the corporation purchases the units. If the units are bought, none of the usual expenses will be skipped.
Variable costs = Direct materials + Labor + Variable overhead
Variable costs = ( $15,000 + $12,000 + $6,000 ) = $33,000
Fixed Costs = 33,000 + 5,000 = $38,000
Fixed expenses equal a $38,000 difference in price against a $40,000 purchase price or a $2,000 cost savings to keep making the goods.
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COMPLETE QUESTION:
A company currently has two product lines and is considering dropping Product XYZ. No, because the operating profit would be $10,000 less if Product XYZ was dropped. Product ABC Product XYZ Total Sales revenue $90,000 $60,000 $150,000 Cost of goods sold (all variable) $35,000 $40,000 $75,000 Contribution margin $55,000 $20,000 $75,000 Fixed costs * $30,000 $25,000 $55,000 Operating Profit (Loss) $25,000 ($5,000) $20,000 * Of the $55,000 of total fixed costs, $30,000 is rent. Each product is allocated $15,000. The rent will continue even if the product is dropped. The rest of the fixed costs are related to each product and would be saved if the product was dropped. Should Product XYZ be dropped? Why or why not?
alpha company uses its invoices for invoices for posting perpetual inventory records, inadequate controls over the invoicing function allow goods to be shipped that are not invoiced. the inadequate controls could cause an
Unshipped products can be charged due to insufficient control activities over the billing mechanism. An overstatement of revenues and receivables and an understatement of inventory may result from insufficient control actions.
What method of inventory management helps a company keep its inventory costs in check?Economic Order Quantity (EOQ) is a model used in inventory management to predict how many units a company should add to its inventory with each batch order in order to reduce the overall costs of its inventory. It makes the assumption that client demand will remain constant.
In order to strengthen the balance sheet, what impact would the sale of inventory that is no longer required have on profits?When a business realizes that a portion of its inventory is no longer useful, it must depreciate the asset by recording an allowance on the balance sheet. This allowance will increase the cost of goods sold, which will adjust the income statement in line with that change.
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y3k, incorporated, has sales of $4,600, total assets of $3,395, and a debt-equity ratio of 1.30. if its return on equity is 11 percent, what its net income?
Y3K, Inc. has $4,600 in sales, $3,395 in total assets, and a debt-to-equity ratio of 1.30. Its net income is $162.369565217 if its return on equity is 11%.
What is a good equity to debt ratio?A company's degree of debt in relation to its assets is shown by the debt-to-equity ratio (D/E ratio). To determine a company's total debt, divide its total shareholder equity by that figure. The corporation would likely struggle to pay its debts if the D/E ratio was higher.
While it varies depending on the industry, a debt-to-equity ratio of around 2 or 2.5 is often seen as good. This ratio shows that debt makes up around 66 cents of every dollar invested in the organization, leaving equity to make up the remaining 33 cents.
Starting from the Debt-to-Equity ratio and, the return on equity we can determine the net income:
Debt / Equity = 1.30
So, Equity = 1 and Debt = 1.30
Asset = Debt + Equity = 1 + 1.3 = 2.30
We can detemine the value of Equity as a percentage of asset:
1/2.30 = 0.4347826
We are given the monetary value of Assets, so we can solve for equity in dollars:
Assets = $3,395
Equity = $3,395 x 0.4347826 = $1476.08695652
Return on equity = 11%
Net income: $1476.08695652 x 11% = $162.369565217
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PLEASE HELP ITS URGENT
Why do you think investors want to see a company's income statement before investing? What sort of information do investors learn from the income statement? What advice would you give someone who is considering investing in a company if one or more factors in the income statement are of concern?
funds that merely track a broad index and make no attempt to identify undervalued or exceptional growth stocks are known as a) hedge funds. b) passively managed funds. c) actively managed funds. d) equity funds.
Undervalued or exceptional growth stocks are known as passively managed funds
Index funds and exchange-traded funds that replicate well-known indices, such the S&P 500, are referred to as passive management. The opposite of active management, which involves a manager choosing which stocks and other securities to include in a portfolio, is passive management. Investor costs for passively managed funds are usually cheaper than those for actively managed funds. According to the Efficient Market Hypothesis (EMH), active managers are unable to consistently outperform the market since their performance is completely based on chance. The returns from passive management are higher over the long term.
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You've been asked to be the speaker for a 1-hour presentation at a large conference. The conference committee scheduled your presentation in a ballroom with a capacity of 500 people. You've been told approximately 465 people have enrolled in your session.
What environmental factor must you consider that could impact your message? (select the best answer)
Bad weather
Audio equipment
How many people attend your presentation
The traffic getting to the conference center
The traffic getting to the conference centre is the environmental factor must you consider that could impact your message. Hence, option D is correct.
What is environmental factor?In relation to genetics, environmental influences include things like pesticides or industrial waste we are exposed to where we live or work, unhealthy lifestyle choices like smoking or eating poorly, and stressful events.
Environmental elements include things like air, water, climate, soil, natural vegetation, and landforms. By definition, environmental factors have an impact on daily life and are a significant contributor to disparities in health between regions.
Thus, option D is correct.
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motorcycle engine b. depreciation of robotic assembly line equipment c. brake pads d. glass for windshield e. tires f. salary of quality control inspector g. motorcycle seat h. safety helmets and masks for assembly line workers i. wages of assembly line workers
A motorcycle engine is an example of a capital expense. This is because the engine itself is a tangible asset that helps the motorcycle function. Depreciation of robotic assembly line equipment is also a capital expense.
This is because the equipment is a long-term asset that is used to produce goods. Brake pads are also a capital expense. This is because the brake pads are a tangible asset that helps the motorcycle function. Glass for windshields is also a capital expense.
This is because the glass is a tangible asset that helps the motorcycle function. Tires are also a capital expense. This is because the tires are a tangible asset that helps the motorcycle function. The salary of a quality control inspector is an operating expense.
This is because the inspector is a service that is used to ensure that the motorcycles produced are up to quality standards. A motorcycle seat is a capital expense. This is because the seat is a tangible asset that helps the motorcycle function. Safety helmets and masks for assembly line workers are an operating expense.
This is because helmets and masks are used to protect the workers while they are working on the assembly line. Finally, the wages of assembly line workers are an operating expense. This is because the wages are a service that is used to ensure that the assembly line.
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Information consists of raw facts, such as an employee number, number of hours worked in a week, inventory part numbers, or sales orders is called: ________
Raw data includes facts like employee numbers, weekly hours worked, inventory part numbers, or sales orders. This type of information is referred to as data.
Data is a term used to describe a group of facts gathered through measurements, research, observations, or analysis. Facts, figures, names, and even descriptions of things are all acceptable. Data is organised into graphs, charts, or tables. Data scientists mine data and utilise it to analyse the world around them. Although data can be understood by robots, most of its relevance is lost to people when it is saved in a file or table. We rely on other people, documentation, data design, and data flows to completely comprehend a piece of data as it relates to the real world.
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lucille, a resident of colorado, wants to sue michael, a resident of arizona, over ownership of a piece of property located in new mexico. can lucille sue michael in new mexico, why or why not?
As long as the property is situated within the territorial limits of the New Mexico court, Lucille may bring a claim against Michael for ownership of the New Mexico-based property. The ability of a court to hear a matter and render a ruling is referred to as jurisdiction.
A court will often have jurisdiction over a matter if the defendant or the subject property is situated within the court's geographical jurisdiction. Since the property in question is situated in New Mexico, it is most likely appropriate for the New Mexico court to hear this issue.
It is crucial to remember that there could be other conditions for a court to have jurisdiction, such as the existence of personal jurisdiction over the defendant or a minimum level of connections between the defendant and the host state. Depending on the particulars of each case and the rules of the relevant country, these criteria may change.
In conclusion, if the New Mexico court has jurisdiction over the matter, Lucille may bring a lawsuit against Michael in New Mexico alleging ownership of the land.
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anytime coffee has 160,000 shares of stock outstanding, sales of $1.94 million, net income of $126,400, a price-earnings ratio of 21.3, and a book value per share of $7.92. what is the market-to-book ratio?
The market-to-book ratio of Anytime Coffee is 2.12.
The market-to-book ratio can be calculated by dividing the market value per share by the book value per share.
First, we can calculate the market value per share by multiplying the price-earnings ratio by the earnings per share (EPS):
Price-earnings ratio = 21.3
EPS = Net income / Number of shares = 126,400 / 160,000 = 0.79
Market value per share = Price-earnings ratio * EPS = 21.3 * 0.79 = 16.79
Next, we can calculate the market-to-book ratio:
Book value per share = Total equity / Number of shares = 7.92
Market-to-book ratio = Market value per share / Book value per share = 16.79 / 7.92 = 2.12
So, the market-to-book ratio of Anytime Coffee is 2.12.
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a smartphone manufacturer collaborates with a company that makes lithium-ion batteries to ensure that their phones have the longest possible battery life. the battery maker is considered the smartphone company's blank partner. multiple choice question. profitable corporate co-branding competitive
The battery manufacturer is seen as a vital partner by the smartphone manufacturer. A strategic partnership is when two businesses work closely together to accomplish a common objective.
In this instance, the battery manufacturers and the smartphone manufacturer are collaborating to improve the battery life of the devices, an important aspect of user satisfaction and competition. Together, the two businesses are better able to accomplish their individual objectives and gain a market advantage. Strategic alliances are frequently long-term relationships that are intended to add value to both businesses and improve their overall performance and competitiveness.
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hud, co. had a beginning retained earnings of $27,875. for the year, the company had net income of $4,790 and paid dividends of $1,600. the company also issued $3,000 in new stock during the year. what is the ending retained earnings balance?
Closed Balance = $31,065 is the final balance of retained earnings.
We will begin with the beginning balance of retained earnings and add or subtract the specified transaction amounts to arrive at the finishing balance. Please be aware that new stock issuance will not be counted toward retained earnings.
Given according to the questions-
Retained earnings of the company = $27,875
Net income of the company = $4,790
Paid dividends of the company = $1,600
Closing Balance = initial balance + Net Income - (Paid dividends)
Closing Balance = $27,875 + $4,790 - ($1,600)
Closing balance = $31,065
The retained earnings are determined by adding net income to the previous term's retained earnings (or deducting net losses from them), and then deducting any net dividends paid to shareholders. At the conclusion of each accounting period (monthly, quarterly, or annually), the amount is determined.
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which is a reason priscilla will share with the new analysts for recommending that a client purchase a software package?
The client has several extremely specific security demands.
Actress and entrepreneur Priscilla Ann Presley hail from the United States. She served as the co-founder and former chairperson of Elvis Presley Enterprises, the business that made Graceland one of the most popular tourist destinations in the country, as well as the former spouse of American artist Elvis Presley. Since her divorce from Elvis, Presley has been in partnerships. She moved in with karate instructor Mike Stone shortly after, but the couple split up in 1975. The longest relationship in Presley's life lasted 22 years with Brazilian screenwriter-turned-computer programmer Marco Antonio Garcia (also known as Marco Garibaldi). In 1984, they met through a mutual friend after she read his script in hopes of producing it.
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| Personal Finance |
What should you do if a deposit made to an ATM on a date before the closing date is missing from your statement?
A) Make sure you have the ATM receipt with the date, time, and location of the ATM, the amount, and the transaction number printed. Then call the bank.
B) Go back to the ATM and look for your deposit.
C) Forget about it as the bank will never admit an error.
D) If the deposit was a check, call the originator of the check and ask for a new check.
the national restaurant association announces a new industry code of ethics. the effectiveness of this code will be determined by
The effectiveness of a new industry code of ethics from the National Restaurant Association will depend on how it is implemented and enforced.
The code should be comprehensive enough to cover all aspects of the restaurant industry, including the safety of employees and customers, food safety, environmental impact, and customer service. It should also include clear guidance on how to handle any potential ethical issues that arise.
It is important that the code is well-publicized and that all restaurant owners and operators are aware of it. The code should be reviewed on a regular basis to ensure that it remains relevant and up to date. Additionally, restaurant owners and operators should be held accountable for adhering to the code. This could include training employees on the code and providing incentives to those who follow it.
Overall, the effectiveness of a new industry code of ethics is dependent on its implementation. If the code is well-publicized and enforced, then it can be an effective tool in helping to create a more ethical restaurant industry.
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#1 Taylor has been thinking about
buying a new surfboard and has
been saving the money from her
part-time job for the last couple of
years. She finally has enough to
get the surfboard but when she
visita the store, she discovers that
the prices of surfboards have gone
up by 10% over the past two years.
Phase of the Business Cycle
Explanation
Based on the information provided, it is not possible to determine the phase of the business cycle. The information only pertains to the price increase of surfboards over the past two years and does not provide information on broader economic indicators such as GDP, employment rates, or inflation rates that would be necessary to identify the phase of the business cycle.
In the case of Taylor, the fact that she has been able to save up enough money for a new surfboard suggests that she has a job and a steady income, which may be a positive sign for the overall state of the economy. However, the fact that the price of surfboards has increased by 10% over the past two years may make it more difficult for some consumers to afford such purchases, which could have negative implications for the overall demand for surfboards and related products.
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what is it called when
business intelligence tools present data from a data warehouse?
Data visualization is when business intelligence tools present data from a data warehouse.
What is Data visualization?Data visualization uses visual representations to show patterns and trends in data and give readers easy access to key insights.
The graphic depiction of data and information is the focus of the interdisciplinary topic of data and information visualization. When interacting with large amounts of data or information, such as a time series, it is especially effective.
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the branch of accounting that deals with proposed events and is designed to provide information to various management levels for the purpose of enhancing controls is called: .
The branch of accounting that deals with proposed events and is designed to provide information to various management levels for the purpose of enhancing controls is called Management Accounting.
Management accounting provides information and analysis to decision-makers within an organization to support their decision-making process. This type of accounting is future-oriented and focuses on planning, analysis, and control. It provides information on an organization's operational and financial performance, as well as its future plans, in order to help management make informed decisions. This information can be used for cost control, budgeting, and performance evaluation, among other things. In contrast to financial accounting, which is mainly focused on historical data and reporting to external stakeholders, management accounting provides internal information to support the management of the organization.
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a. the natural rate of unemployment is made up of which types of unemployment? b. explain how cyclical unemployment relates to the natural rate of unemployment. c. list three factors that can lead to a change in the natural rate of unemployment.
a. The natural rate of unemployment is made up of frictional, structural, and seasonal unemployment.
b. Cyclical unemployment is related to the natural rate of unemployment because it is caused by a decline in aggregate demand and is a result of a recession or a downturn in the business cycle.
c. Factors that can lead to a change in the natural rate of unemployment include changes in labor market policies, changes in the minimum wage.
a. Frictional unemployment is the time period between jobs when a worker is searching for or transitioning to a new job. Structural unemployment is caused by a mismatch between the skills of the unemployed workers and the skills needed for available jobs.
Seasonal unemployment occurs when there is a regular and predictable change in the level of employment associated with seasonal factors such as weather, holidays, harvests, etc.
b. When aggregate demand decreases, businesses cut back on their production and employment, causing an increase in the natural rate of unemployment. This type of unemployment is often associated with long-term unemployment, as people are unable to find new jobs after their current ones end.
c. Factors that can lead to a change in the natural rate of unemployment include changes changes in labor market composition, technological advances, and changes in the cost of living.
Changes in labor market policies may include changes to labor laws, regulations, and taxes. Changes in the minimum wage can affect the amount of money people are willing to work for and the number of people willing to work. Changes in labor market composition can include shifts in the types of jobs available and the skills required for those jobs.
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fifteen years ago mcdemott's motels inc. issued twenty-five-year 10% annual coupon bonds with a $1,000 face value each. since then, interest rates in general have fallen and the yield to maturity on the firm's bonds is now 6%. given this information, what is the price today for such a bond?
B) $1,294.40 PV = -1294.4035; MODE = END; N = 10; I = 6; PMT = 100; FV = 1000. The charge made by a lender to a borrower is known as an interest rate, and it is given as a percentage of the principal or the amount that was lent.
The annual percentage rate, or APR, is typically used to express the interest rate on a loan (APR). An interest rate may also apply to earnings from savings accounts or certificates of deposit at a bank or credit union (CD).
Annual percentage yields are used to calculate the interest earned on various deposit accounts (APY). Interest is essentially a charge made to the borrower for using a resource.
Money, goods, vehicles, and real estate are all examples of lent assets. It is possible to think of higher interest rates as the "cost of money" because they make borrowing the same amount of money more expensive.
The majority of loan and borrowing transactions, therefore, involve interest rates. People take out loans to buy homes, finance initiatives, start or fund enterprises, or cover college tuition. Businesses obtain loans to finance capital projects and grow their business by acquiring long-term and fixed assets like real estate, buildings, and equipment. The repayment of borrowed funds might be made in one lump sum by a specific date or over the course of several payments.
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Fifteen years ago McDemott's Motels Inc. issued twenty-five-year 10% annual coupon bonds with a $1,000 face value each. Since then, interest rates in general have fallen and the yield to maturity on the firm's bonds is now 6%. Given this information, what is the price today for such a bond?
A) $1,000
B) $1,294.40
C) $1,091.08
D) $914.41
demonstrate your understanding of the following terms by using each one in a sentence. a. traditional economy b. command economy c. market economy
A traditional economy is one that is based on long-standing beliefs, history, and conventions. Economics, including production and distribution, are governed by tradition.
a. Traditional economies are those that rely on farming, fishing, hunting, gathering, or some combination of these.
b. A command economy is a form of capitalism in which the means of production are held by the government and economic activity is governed by a central organisation that sets quantitative production targets and distributes raw materials to productive businesses.
c. Market economy: In a market economy, the interactions of a nation's enterprises and individual residents serve as the basis for economic policy and the price of goods and services.
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under what circumstances may an agency use current-year funds to purchase supplies that are not a bona fide need of the current fiscal year
An agency may use current-year funds to purchase supplies that are not a bona fide need of the current fiscal year under certain circumstances such as emergencies, unanticipated events, or time-sensitive opportunities. For instance, if an agency faces a sudden increase in demand for essential supplies, it may use current-year funds to purchase additional supplies.
Demand refers to the quantity of a product or service that consumers are willing and able to purchase at a given price over a specified period of time. It is a crucial concept in economics, as it drives market forces that determine the price, production, and distribution of goods and services. The demand for a product is influenced by various factors such as income, tastes, preferences, and prices of substitute goods. When demand increases, it typically leads to an increase in price and an increase in production. Conversely, a decrease in demand may lead to a decrease in price and a decrease in production. The relationship between demand, price, and quantity is represented by the demand curve, which is a graphical representation of the inverse relationship between the price of a good and the quantity of the good that consumers are willing to purchase.
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the adjusting entry to record interest earned during the period includes a: multiple choice debit to cash. credit to cash. credit to interest revenue. debit to interest expense.
The adjusting entry to record interest earned during the period includes a credit to interest revenue.
Interest revenue is recorded when a company earns interest on its investments or loans. The amount of interest earned during the accounting period must be recognized in the financial statements even if the cash is not received until a later date.
To record this, an adjusting entry is made at the end of the accounting period. The entry includes a credit to interest revenue and a corresponding debit to another account, such as interest receivable.
For example, if a company earns $1,000 in interest during the period, the adjusting entry would be:
Debit: Interest Receivable $1,000
Credit: Interest Revenue $1,000
This entry increases the company's revenue and accounts receivable, and provides a more accurate representation of the company's financial performance and financial position.
In conclusion, the adjusting entry to record interest earned during the period is a critical component of the end-of-period accounting process, as it helps ensure that the financial statements accurately reflect the company's financial performance and financial position.
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A company had the following transactions during December: Sold merchandise on credit for 5,000
Here are the general journal entries to record the transactions. Every transaction affects two accounts, one is debited and the other one is credited.
Dec. 1:
Debit: Accounts Receivable (Customer A) $5,000
Credit: Sales $5,000
Debit: Cost of Goods Sold $3,500
Credit: Inventory $3,500
Dec. 3:
Debit: Cash $720
Credit: Inventory $720
Dec. 4:
Debit: Accounts Payable (Supplier B) $2,600
Credit: Purchases $2,600
Credit: Inventory $2,600
Note: The terms "3/10, n/30" refer to a discount that the customer can take if they pay within 10 days (3%) and the transactions is due within 30 days from the date of the sale. The terms "1/20, n/30" refer to a discount that the supplier is offering if the company pays within 20 days (1%) and the transactions is due within 30 days from the date of purchase.
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The complete Question is:
The perpetual inventory system and had the following transactions during December.
Dec. 1 Sold merchandise on credit for $5,000, terms 3/10, n/30. The items sold had a cost of $3,500.
Dec. 3 Purchased merchandise for cash, $720.
Dec. 4 Purchased merchandise on credit for $2,600, terms 1/20, n/30.
Prepare the general journal entries to record these transactions.
ibm creates and sells additional stock to the investment banker morgan stanley. morgan stanley then resells the issue to the u.s. public through its mutual funds. morgan stanley is acting as a(n)
Morgan Stanley, an investment banker, purchases additional stock that IBM creates and asset. The issue is then resold to the American public by Morgan Stanley.
Asset converter Asset transformation is the process of transforming liabilities (deposits) into new, relatively stock, large denomination assets (loans) that are repaid according to a predetermined schedule by converting small denomination, immediately available, and relatively risk free bank deposits into loans.
Asset transformation is the process of converting risky assets into safer ones for investors. To do this, one must create and sell risky stock that people are comfortable with, then use the proceeds from the sale of these assets to buy other assets that might be more risky.
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true or false: all countries that are part of the eurozone are subject to the monetary policy imposed by the european central bank (ecb), and so each
True. All countries that are part of the eurozone are subject to the monetary policy imposed by the European Central Bank (ECB).
The ECB is the central bank for the eurozone, which is a monetary union of 19 European Union (EU) countries that have adopted the euro as their common currency. The ECB is responsible for implementing monetary policy for the eurozone, which means that it sets interest rates and controls the money supply for the entire eurozone. As a result, all countries that are part of the eurozone are subject to the monetary policy imposed by the ECB.
The European Central Bank (ECB) is the central bank for the eurozone, which is a monetary union of 19 European Union (EU) countries that have adopted the euro as their common currency. The ECB is responsible for implementing monetary policy for the eurozone, which means that it sets interest rates and controls the money supply for the entire eurozone.
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True or False: all countries that are part of the eurozone are subject to the monetary policy imposed by the European central bank (ECB), and so each?
munster inc. debits deferred revenue and credits service revenue. as a result of this adjusting entry, munster's: (select all that apply.) multiple select question. liabilities will increase liabilities will decrease equity will increase assets will increase assets will decrease equity will decrease
Deferred revenue is debited and service revenue is credited by Münster Inc. Due to this adjusting entry, liabilities will increase , assets will increase , equity will increase
Deferred revenue is a liability account that is used to record the amount of revenue that has been received but not yet earned. When a company receives payment for goods or services that have not yet been delivered, the amount is recorded as a liability in the deferred revenue account.
Debiting the deferred revenue account and crediting the service revenue account adjusts the deferred revenue when the items or services are supplied.
An income account called "service revenue" shows the money made from offering services.
The earned revenue is recognised using this adjustment entry.
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a customer's personal service philosophy is an influence on his/her adequate service expectations. group startstrue or falsetrue, unselectedfalse, unselectedgroup ends
The statement '' The customer's personal service philosophy affects his adequate expectations for the service ''is True because
the customer's personal service philosophy affects his adequate expectations for the service.
The source of desired expectations is the customer's experienced service capabilities. Hurricanes and tornadoes that affect many people are examples of personal situational factors. A personal philosophy is a set of guiding principles by which we live. It affects everything from the words you say to the actions you take to the products you buy and don't buy at the store.
The customer service philosophy is the shared mission of your support team, a set of guiding principles that ensure you follow your core values in every customer interaction. In general, a customer service philosophy consists of two parts: vision and values.
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The correct question is :
A customer's personal service philosophy is an influence on his/her adequate service expectations (T/F) .
zemingway inc. offers you a 3-year project that will return $50,000/year. if the initial cost of the project is $100,000, and the opportunity cost of capital is 14%, what should be the npv of the project?
The answer is 16081.30$, if the initial cost of the project is $100,000, and the opportunity cost of capital is 14%, what should be the NPV of the project is 16081.30$.
What does the economics definition of cost mean?Cost, as used in everyday speech, refers to the monetary worth of the items and services that producers and customers buy. Cost, in a fundamental definition of the word, is the measurement of the alternative opportunities given up in favor of a certain good or activity. Usually referred to as opportunity cost, this fundamental cost is necessary.
What are some examples and costs?Definition: Costs are the expenses incurred in the manufacture, marketing, or preparation of a good or asset for regular use. Or to put it another way, it's the cost associated with producing a good, buying stock, selling goods, or setting up equipment for use in a commercial activity.
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micro, inc., started the year with net fixed assets of $75,800. at the end of the year, there was $97,400 in the same account, and the company's income statement showed depreciation expense of $13,650 for the year. what was the company's net capital spending for the year?
Net capital expenditures for the corporation for the year amount to $35250. It is computed by adding the cost of all capital assets and any decorative elements.
After that, take away any accumulated depreciation from the amount. The real value of a company's fixed assets is essentially revealed by the variable known as net fixed assets.
Net capital spending is calculated as $97,400 x 75,800 x 13,650 x 35,250.
Is the difference between ending net fixed assets and starting net fixed assets the net capital spending?
The difference between the initial and final net capital equipment of a corporation is subtracted to arrive at the closing net fixed assets, which is then applied towards the current period started depreciation and amortization to arrive at the net infrastructure investment.
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