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aliina [53]
3 years ago
7

How can capital budgeting tools assist in evaluating a manager who is responsible for retaining customers of a cellular telephon

e company?
Business
1 answer:
Lady_Fox [76]3 years ago
3 0
Capital budgeting is the process in which organizations identify, evaluate, and make selections that require a lot of money to start but have long lasting benefits into the future. In this situation, making sure they can retain customers indefinitely is the ultimate goal so spending the money on capital budgeting and making the most lucrative business choices is important. 
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Pharoah Company began operations in July 2020. At the end of the month, the company prepares monthly financial statements. It ha
abruzzese [7]

Answer:

1.At July 31, the company owed employees $1,100 in salaries that the company will pay in August.

July, 31

DR Salaries Expense.................................................$1,100

CR Salaries Payable.................................................................$1,100

<em>(To record accrued salaries expense)</em>

2.On July 1, the company borrowed $20,000 from a local bank on a 10-year note. The annual interest rate is 12%.

July entry would be;

July 31,

DR Interest Expense ................................................$200

CR Interest Payable ............................................................$200

<em>(To record interest accrued for the month)</em>

<u>Working</u>

= 20,000 * 12%/12 months

=  $200

3. Service revenue unrecorded in July totaled $3,000.

July 31,

DR Accounts Receivable .......................................$3,000

CR Service Revenue ...............................................................$3,000

<em>( To record unrecorded Service revenue.)</em>

3 0
3 years ago
RTP Corp. is developing a new computer processor to compete against Intel's successful product
Alenkinab [10]

Answer: Target Costing

Explanation:

Target Costing is a method of costing on a product done while it's still being produced to determine the best price at which the product can be sold that would be able to compete with price of other similar products in the market and still make profit for the company.

RTP Corp needs to apply target costing for it's new computer processor in order for it to be profitable and beat the price of other processors in the market.

6 0
3 years ago
How does creating and maintaining competitive advantages in a platform business like Uber’s differ from a vertical chain busines
omeli [17]

Answer:

Explanation:

It differs from those adopted by taxi companies because platform business most times embrace a monopoly approach because they take over the market. Platform business have strong network effect and multihoming cost and they don't have a taste for service, therefore there is the consideration of strong Internet based network which connects drivers to customers which is a competitive advantage. There is the e-payment platform. The organization does not mange drivers or seek patronage since they do not bearing homing cost. Their only aim is to create a connection between drivers and their customers.

8 0
3 years ago
A bank has $400 in checkable deposits, $800 in savings deposits, $700 in time deposits, $900 in loans to businesses, $300 in out
sergij07 [2.7K]

Answer: $400

Explanation:

M1 money supply simply refers to the monies which are liquid like the checkable deposits, traveler's checks, and the coins and currencies that are in circulation.

Therefore, based on the information given in the question, the bank's deposits that are part of M1 will be the $400 in checkable deposit.

3 0
2 years ago
our aunt has $500,000 invested at 5.5%, and she now wants to retire. She wants to withdraw $45,000 at the beginning of each year
dedylja [7]

Answer:

B. 17 is the correct answer.

Explanation:

8 0
2 years ago
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