Answer:
$22,000
Explanation:
Data provided
Credit balance = $20,000
Credit amount = $2,000
The computation of the amount for Service Revenue in the Adjusted Trial Balance is shown below:-
The Amount for service revenue = Credit balance + Credit amount
= $20,000 + $2,000
= $22,000
Therefore we have applied the above formula for determining the Amount for service revenue.
Answer:
no it's was not because we don't add
To respond to the structure of its industry, an organization should choose a __________.
Competitive strategy
Answer:
In economics, the principle of absolute advantage refers to the ability of a party (an individual, or firm, or country) to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources
(i.e : India has an absolute advantage in operating call centers compared to the Philippines because of its low cost of labor and abundant labor force.)
Explanation:
Answer:
the second option
Explanation:
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
first option
Cash flow in year 1 and 2 - $85,000
1 = 7
PV = $153,681.54
Second option
Cash flow in year 0 = $20,000
Cash flow in year 1 and 2- $74,000
I = 7
PV = $153,793.34
the pv of the second payment is higher than the first so the seconf would be choosen
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
153,681.54
