Answer:
A) web survey system
Explanation:
A web survey system is used to create a database with the customers' stored answers to the questionnaire. That database can be processed by statistical software to provide analytical information about Havtol's customers, the products they prefer and other relevant information (depending on what the questionnaire was about).
Answer:
I disagree
Explanation:
From the standpoint of accounting principles, a company is earning losses when total cost is greater than total revenue.
Economic profit is accounting profit less explicit cost or opportunity cost.
If a firm is earning zero economic profit , it is necessarily not earning negative loss from an accounting standpoint.
For example if a firm has a total revenue of $20, total cost of $10 and an opportunity cost of $10.
Accounting profit is $10 while economic profit is $0.
Though, the economic profit is 0, accounting profit is still postive.
I hope my answer helps you.
Answer:
Been paid for but not yet recorded as expenses
Explanation:
Prepaid expenses have been paid for but not yet recorded as expenses.
They are future expenses paid for in advance or costs that have been incurred without the benefits being enjoyed by the company.
A good example of prepaid expenses id Rent paid in advance at the beginning of the year. Such rent is a cost incurred in advance as the rent period has not been enjoyed yet.
The entries for such prepaid expenses is to debit 'prepaid expenses' like an asset and credit Bank/Cash. The expense account is debited after the benefits have accrued, with the corresponding Credit going to the Prepaid expenses account.
Answer:
$1,573.27
Explanation:
We can compute an equal annual payment by using the annuity formula.
where P = the amount borrowed
r = interest rate
n = tenor (number of periods)
A = the annual equal payment
=
= 7,500 = (A * (1 - 0.6663))/0.07
= 7,500 = (A * 0.3337)/0.07
= A = 7,500*0.07/0.3337
= A = Each Annual Payment = $1,573.27.