Companies in the "sunset" industries develop environment ally sound substitutes

Which term describes the economy that revolves around providing intangible services such as restaurant work, health care provisi

xxTIMURxx [149]

Answer

The correct answer here is service sector.

Explanation:

Service sector is one of the three sectors of economy , which produces both tangible and intangible services like warehousing service, information service, professional , health care, entertainment services etc. Usually countries whose economies centered around service sector are considered to be more progressive or advanced than other economies like agricultural or industrial. This sector is the largest sector of worldwide ( global ) economy when seen in terms of value added.

4 0

3 years ago

Economists group commercial banks, savings and loan associations, credit unions, mutual funds, mutual savings banks, insura

Anni [7]

Answer:

The answer is: E) Only A and C of the above

Explanation:

Financial intermediaries are institutions that offer a service for individuals or institutions who want to save or borrow money. They help to promote a more efficient economy.

We take some things for granted, but try to imagine if no banks existed.

For instance, you need to borrow $200,000 to buy a new house, but none of your friends or family can lend to you. If banks (or other types of financial institutions) didn´t exist, you would have to search your neighborhood or workplace for someone willing to lend you the money. It is possible for you to find a private lender, but it would be time consuming and very inefficient. Instead the easiest way is to go to a bank and ask for a loan.

The same happens if you have saved some extra money. If banks didn´t exist you would have to hide it in your house or other places, or lend it to someone you knew that needed that money and is willing to pay it back with interest. Banks make saving money much more easy and safer.

8 0

3 years ago

Tyler Financial Services performs bookkeeping and tax-reporting services to startup companies in the Oconomowoc area. On January

Rainbow [258]

Answer:

Tyler Financial Services

1. Journal Entries:

January 1, 2014:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2014:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

January 1, 2015:

Debit Cash $10,500

Unearned Service Revenue $10,500

To record cash collected for unearned services.

December 31, 2015:

Debit Unearned Service Revenue $10,500

Credit Service Revenue $10,500

To record the earned service revenue for the year.

2. Journal Entries:

January 1, 2016:

Debit Cash $30,400

Unearned Service Revenue $30,400

To record cash collected for unearned services.

December 31, 2016:

Debit Unearned Service Revenue $9,800

Credit Service Revenue $9,800

To record the earned service revenue for the year.

Explanation:

a) Data and Calculations:

Annual contract fee = $10,500 in 2014 and 2015

Modified contract fee = $9,800 in 2016

Additional fee from year 3 = $20,600 for 3 more years ($6,867 each year) from 2017 to 2019

b) Cash received ($30,400) on January 1, 2016 includes the $9,800 for 2016 and the $20,600 for the years 2017 to 2019.

8 0

3 years ago

Paul is able to look at things from different perspectives. He prefers to watch rather than do, and tends to gather information

Furkat [3]

Answer:

Paul's learning style is that of a <u>Assimilator(a)</u>

Explanation:

The Assimilating learning style lays emphasis on concept and logic.

The people with Assimilative learning style prefer to gather wide range of information and then they organize it in clear ,logical format.

These people are attracted towards logical theories like analytical models.

7 0

4 years ago

A local charity has been given a grant to serve free meals to the homeless in its community, but it is worried that its program

Elis [28]

Homeless:
10 – t^2 /320 > 0
10 > t^2 /320
3200 > t^2
t < 40√2 = 56.6
College students:
10 – t^2 /160 > 0
10 > t^2 /160
1600 > t^2
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.

6 0

4 years ago