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Goryan [66]
3 years ago
8

The following transactions occurred during July: received $900 cash for services provided to a customer during July. Issued comm

on stock for $2,200 cash. Received $750 from a customer in partial payment of his account receivable which arose from sales in June. Provided services to a customer on credit, $375. Borrowed $6,000 from the bank by signing a promissory note. Received $1,250 cash from a customer for services to be performed next year. What was the amount of revenue for July?
Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

revenue for july 1,275

Explanation:

We only have to compute the services performed in July

900 cash services july

375  credit services july

1,275

The received from sales in junes doesn't count.

Also doesn't count the advance payment for services at next year

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For all the women out there(only women) how do I make a girl feel comfortable while talking?
Scilla [17]

Answer:

Don't make her feel like you're hiding anything from her. If she seems upset, comfort her tell her everything will be alright. Let her know she can trust you. Make her feel like she's wanted for more than what she looks like. Show her how much you care and that you'd never do anything to intentionally hurt her. Make her feel safe. Once you can do all that she should begin to feel comfortable talking to you.

Explanation:

Hope this helps. Good luck.

8 0
3 years ago
Read 2 more answers
In order to produce a new product, a firm must lease new equipment. The managers feel that they can sell 10,000 units per year a
kogti [31]

Answer:

The most the firm can spend to lease the new equipment without losing money=$75,000

Explanation:

The point at which the revenue in terms of sales equals the cost is the break-even point. This can be expressed as;

R=C

where;

R=revenue from sales

C=cost

And;

R=P×N

where;

R=revenue from sales

P=price per unit

N=number of units

In our case;

P=$7.5 per unit

N=10,000 units

replacing;

R=7.5×10,000=$75,000

Total revenue from sales=$75,000

C=p×n

where;

p=cost per unit

n=number of units

In our case;

p=$5

n=unknown

replacing;

C=5×n=5 n

At break-even point, R=C;

5 n=75,000

n=75,000/5=15,000

The break-even cost=5×15,000=$75,000

The most the firm can spend to lease the new equipment without losing money=$75,000

5 0
3 years ago
Phyllis invested $10,000, a portion earning a simple interest rate of 8 1 2 % per year and the rest earning a rate of 8% per yea
Vinil7 [7]
0.08x+0.085 (10000-x)=842.50
Solve for x
X= 1500 invested at 8%

10000-1500=8,500 at 8.5%
3 0
3 years ago
Nelson is documenting all the steps it takes to recruit, hire, and onboard a new employee. What would be the best way to describ
Levart [38]

The best way to describe the steps is to define them in a systematic way.

Explanation:

For recruiting, Nelson should look for various alternatives where he can approach skilled group of people like institutions and colleges, placement agencies or he can also contact head hunters for highly skilled jobs.

For onboarding he should access the talent potential employee is bringing on the table considering the general market practice for such job and thus offering him a pay structure that would attract him to join keeping the best interest of the company in mind.

He should also make him clear the terms and conditions as per the job and providing him a healthy work environment and help him to get to know the people he will be working with.  

To know more about Recruitment, click here

https://brainly.in/textbook-solutions/q-state-difference-recruitment-selection-2

#SPJ1

6 0
1 year ago
If markets are efficient, what should be the correlation coefficient between stock returns for two nonoverlapping time periods?
S_A_V [24]

Answer: Zero

Explanation:

The Correlation Coefficient measures the relationship between 2 variables under study and ranges from -1 to +1 which -1 meaning that the two are perfectly negatively correlated and +1 meaning they are perfectly positively correlation. A Correlation Coefficient of 0 means that there is no relationship.

An efficient market is one where all information is available to every market participant. This means that one cannot use information from one period to make abnormal profits in another period because all information is available. The Correlation Coefficient will therefore show 0 because information from the previous period is not being used in another period meaning there is no relationship between stock returns.

7 0
3 years ago
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