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Yuri [45]
2 years ago
6

Sophia is considering an ultimate career as a construction manager in Los Angeles, California. The

Business
1 answer:
lara31 [8.8K]2 years ago
6 0

Answer:

84.85

Explanation:

You might be interested in
The following transactions occurred during July:1. Received $1,200 cash for services performed during July.2. Received $6,400 ca
nikklg [1K]

Answer:

The amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

Explanation:

The applicable accounting concept here is accrual concept.

Accrual concept states that revenue is recognized when it is earned and expenses are also recognized when they are incured no matter when cash is received or paid.

Based on the accrual concept, only transactions 1 and 4 will be used in calculating the amount of revenue for July as follows:

July revenue = Cash received for services performed during July + Billing of customers for services performed on account in July = $1,200 + $4,100 = $5,300

Therefore, the amount of revenue that will be reported on the income statement for the month ended July 31 is equal to $5,300.

7 0
3 years ago
Assign each of the following to the correct category: A full-time college student multiple choice 1 Employed Unemployed Not in t
drek231 [11]

Answer:

unemployed

employed

Explanation:

8 0
3 years ago
Suppose Megan is considering emigrating from her home country.
Evgen [1.6K]

Answer:

a. emigrate

b. more

Explanation:

Immigration attractiveness is a factor that draws immigrants to a foreign country.  A country becomes more attractive when the economic prospects are brighter than at the home-country.  The degree of immigration law enforcement also helps to either attract or deter potential migrants.  In recent years, wars and misgovernment have propelled millions to move boundaries.  At the same time, countries are imposing migration restrictions by imposing and implementing strict laws.

5 0
2 years ago
As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one
Ket [755]

Answer:

The answer is narrower competitive scope.

Explanation:

In a narrow competitive scope, a business might choose a focus strategy which can be oriented to cost leadership or differentiation. When implementing a focus strategy, the company chooses to only produce goods or provide services to a certain segment of people. In a cost leadership strategy, the business might choose to engage on initiatives that would lead it to be identified from its ability to provide the lowest possible price for its target segment. When choosing a differentiation strategy instead, the company’s competitive advantage would be its ability to provide a wide range of products.

4 0
3 years ago
Your parents will retire in 19 years. They currently have $300,000, and they think they will need $1 million at retirement. What
Svetlanka [38]

Answer:

rate = 6.54%

Explanation:

we need to find the rate at which a capital of 300,000 becomes 1,000,000 in a period of time of 19 years.

<u>So we build the following equation:</u>

300,000 (1+r)^{19} =1,000,000

(1+r)^{19} =1,000,000 \div 300,000

r=\sqrt[19]{1,000,000 \div 300,000}-1

rate = 0.065417765 = 6.54% after rounding

This will be the rate my parent will require to generate 1,000,000 in 19 years with their current savings of 300,000.

3 0
3 years ago
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