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3 years ago

Why is accounting a service industry?

2 answers:

3 0

Hi there.

I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.

I'm also using the process of elimination. With that, I give you my best guess:

A. Because it provides support but no tangible goods.

Hope this works out for ya!

guapka [62]3 years ago

3 0

Answer:

A. because it provides support but no tangible goods

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Cash receipts and cash disbursement budgets for a government: Should be prepared monthly or as needed to enhance cash management

nlexa [21]

Answer:

Should be prepared monthly or as needed to enhance cash management, investment management, and short-term debt management.

Explanation:

The government budget with respect to the cash receipts and cash disbursement should be prepared on the monthly basis or it should be prepared as per the requirement so that the managing of the cash could be enhanced also along with it the managing of the investing and managing of the short term debt could also be enhances

Therefore the first option is correct

7 0

2 years ago

During its first month of operations in March, Volz Cleaning, Inc., completed six transactions with the dollar effects indicated

Alekssandra [29.7K]

Answer and Explanation:

The Preparation of classified balance sheet for Volz Cleaning, Inc., at the end of March is shown below:-

Assets

Current Assets:

Cash $27,000

($45,000 - $8,000 - $2,000 - $7,000 + $3,000 - $4,000)

Investment (short term) $4,000

($7,000 - $3,000)

Notes receivables $2,000

Total Current Assets $33,000

Long Term Non Current Assets:

Computer equipment $4,000

Delivery Truck $35,000

Total long term $39,000

Total assets $72,000

Liabilities

Notes payable $27,000

Total liabilities $27,000

Stockholder equity

Common Stock $6,000

Additional Paid in Capital $39,000

Total Stockholder's equity $45,000

Total Liabilities & Stockholder's

equity $72,000

6 0

3 years ago

Which statement is not true about the minimum wage?

Kobotan [32]

Owners are not required to pay it to foreign works is incorrect option

5 0

3 years ago

Rollins Corporation is constructing its marginal cost of capital (MCC) schedule. Its target capital structure is 30 percent debt

MrRissso [65]

Answer:

The After Tax Cost of Debt = 0.072 or 7.2%

Explanation:

The question is to determine the After Tax Cost of Debt for Rolling Stone.

This is carried out as follows

Step 1: When we decide to calculate the Yield to Maturity, it should be noted that Market Value = Par Value

Therefore,

Coupon Rate which is the same as the Yield to Maturity (YTM) = 12%

Step 2: Based on this derivative, therefore,

After Tax Cost of Debt = Yield TO Maturity Rate (1-Marginal Tax Rate)

= 12% (1-40%)

= 0.12 (1-0.4)

The After Tax Cost of Debt = 0.072 or 7.2%

6 0

3 years ago

Linke Motors has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market du

anzhelika [568]

Answer:

cost of capital 16%

Explanation:

SML formula:

$Ke= r_f + \beta (r_m-r_f)\\\\Where:\\r_f =$ risk free rate\\r_m= $ market rate\\\beta =non-diversifiable \:risk$

r_f = 3%

β = 1.3

r_m = 13%

0.03 + 1.3(0.13-0.03)

firm's required return = .16 = 16%

4 0

3 years ago