Answer:
Yes. It is true. the shifting from manufacture to services is the idea implicit in the term "service economy"
Explanation:
The constant grow of services in the industrialization process lead to the creation of this economy.
You can start by defining sustainability. "<span>In the broadest sense, this refers to our interdependence on the natural environment and the need to lead healthy, productive lives today and in the future. In this way, there will always be water and other resources needed." Then go on to explain different things the school does to help the environment. Then you can explain which environmental influences help or hurt the school.</span>
Answer:
If the hospital underestimated its bad debt, that means that they are overestimating their profits. The cash flow is determined using the income statement, so it will also be overestimated. But at some point reality will catch up and the actual cash flow will be less than expected, since bad debts reduce actual revenue.
Rick has received a rebate. A rebate is a sum paid by a method for diminishment, return, or discount on what has just been paid or contributed. It is a sort of offers advancement that advertisers utilize basically as motivating forces or supplements to item deals. There is confusion on discount and rebate, the rebate is a backend discount while the discount is the upfront meaning you the customer is discounted by the time he/she bought the item.
Answer:
Both debts ($11,000 + $16,000), totalled $27,000 will be classified as the Current Liabilities (CL) in the balance sheet.
Explanation:
Liabilities could be classified or recognized as the current or the long term liabilities on the balance sheet grounded on when they are expected to be satisfied.
Liabilities which are expected to be satisfied within one operating cycle or 12 months, which ever is longer and satisfied by using the current assets are recognized as the current liabilities. And all other liabilities are known as long term liabilities.
Under this case, the operating cycle is 18 months, which is the dividing line among the long and current term. So, both the liabilities are current liabilities as are satisfied within the duration of 18 months.
