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Bingel [31]
2 years ago
12

Carrie billed her legal clients $6,000 for legal work completed during the month. This

Business
1 answer:
Citrus2011 [14]2 years ago
7 0

The fact that Carrie billed her legal clients an amount of $6,000 for legal work means that the transaction will  cause a $6,000 increase in assets and revenues.

<h3>What is the effect of service revenue?</h3>

When a person receives service revenue like Carrie did when she billed her clients, this would increase the revenue amounts to the company.

Revenues would therefore increase which means that equity increases as well because revenues are the main source of net income, which become retained earnings, which is an equity account.

When equity increases, assets will have to increase which will happen here because Carrie will treat her clients as Accounts receivable which is considered an asset.

In conclusion, option B is correct.

Find out more on recording service revenue at brainly.com/question/15407046.

#SPJ1

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The ratio that measures how much an investor is willing to pay for a dollar of earnings is known as a _____________ ratio.
zzz [600]

Answer:

A)Market value

Explanation:

The market value ratios can be regarded as the financial metrics that are engaged in evaluation of worth of stocks of the companies that trade publicly. The ratio helps the investors to know if the price of prevailing market share is in sync along with the performance of the company. It should be noted that The ratio that measures how much an investor is willing to pay for a dollar of earnings is known as a market value ratio.

4 0
2 years ago
What unique things words separate you from other applicants Applying for this funding?
Zolol [24]

Answer:

Having to handle the business side of things while also working on developing a great product wasn't easy, but that challenge helped me grow as a professional. I think a lot of people applying for tech

Explanation:

:D

8 0
3 years ago
the current price of a stock is 200 if a coll option on this stock has a strike price of 201 the call is
PSYCHO15rus [73]

The call in this scenario is known as Out of the money (OTM).

Out of the money is when an option has no intrinsic value but rather, has an extrinsic value.

  • Here, the current stock price is below the strike price of 201,then, we say that the call is out of money.

  • A call option is called Out of the money when the underlying price is trading below the strike price of the call.

Hence, the call in this scenario is known as Out of the money (OTM)

Read more about Out of the money (OTM):

<em>brainly.com/question/15684431</em>

6 0
2 years ago
Aspen Integrated Marketing used to have a strict hierarchical structure, with information given only to those who required it. T
Brums [2.3K]

Answer:

open-book management or it can also be called a boundaryless organization.

Explanation:

Open-book management

This is simply the act of sharing with employees at all levels of an organization some vital information that is somehow or previously meant for too management staff only. It also involves opening a company's financial statements to all employees and giving them the education that will enable them to understand how the company makes money and how their actions affect its success and bottom line.

Boundaryless organization

This is simply known as a form of organization structure in which there are no barriers to information flow. Boundaryless designs include barrier-free, modular and virtual organizations. An organization without barriers has permeable internal and external boundaries and requires higher level of trust and shared interests, a shift in philosophy from executive development to organizational development, greater use of teams etc.

4 0
2 years ago
You have no health insurance and you are unemployed. where can you go in your state, county, or city for medical services?
Gemiola [76]
<span>It is not important to always have a health insurance or to be employed in order to see the doctor.

There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.

In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.

The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>
3 0
3 years ago
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