Answer:
d. Credit to Unearned Management Fees for $60,000.
Explanation:
In the given question, it is mentioned that the management services provide service to clients, and one client gives the advance amount of $60,000 to the management service.
So, in case of advanced received by the customer, the journal entry would be
Cash A/c Dr $60,000
To Unearned Management Fees $60,000
(Being amount received in advance)
The asset account should be debited and the liabilities account should be credited.
Answer:
D. High energy
Explanation:
An entrepreneur is an individual who organizes, operates and takes risks for a new business. The entrepreneur brings together the various factors of production to produce goods or services.
An entrepreneur that wishes to be successful must be an optimist, a risk taker, an innovator and must be creative. Aside from this characteristics an entrepreneur must have High energy. Having high energy for an entrepreneur means that such individual must be determined, optimistic and hardworking. These factors will assist such entrepreneur in making sure that the goals of the business are actualized.
Therefore the attitudes displayed by Celine is a characteristics of high energy of an entrepreneur
Please explain better in comments
Answer:
19.2 %
Explanation:
Using the Capital Asset Pricing Model we can simply input the given information.
Formula
Cost of Equity = Rf + B * (Mr - Rf) where,
Rf = Risk free rate = T-Bill rate
B = Beta
Mr = Market return
so,
Cost of Equity = 8 + 1.6 * (15-8)
= 19.2 %
The concept by which pay is distributed based on work produced rather than hours worked was called piece work. <span>Piece </span>work<span>, or output </span>work<span> as it is sometimes </span>called<span>, is </span>the concept<span> that workers are </span>paid<span> for </span>work produced rather than<span> the number of </span>hours worked<span>. Hope this answers the question. Have a nice day.</span>
