1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vitek1552 [10]
3 years ago
10

A liability created when a business collects cash from customers in advance of providing services or delivering goods is called?

a(n)
Business
1 answer:
Bumek [7]3 years ago
3 0
<span> <span>The liability created by receiving cash before providing the service or delivering the goods in question is called unearned revenue. In this case, the entity providing the goods/services records this transaction as revenue that has been generated but in real sense, the seller remains with the liability until after the actual delivery of the goods/services. The purpose of this practice can be advantageous to the seller in certain situations such as easing the burden of paying interest on debts.</span></span>
You might be interested in
Get Smart University is contemplating an increase in tuition to enhance revenue. If GSU feels that raising tuition would enhance
AlladinOne [14]

If GSU feels that raising tuition would enhance revenue, it is assuming that the demand for university education is inelastic.

  • The quantity of a good that consumers are willing and able to buy at different prices during a specific time period is known as demand in economics. The demand curve is another name for the relationship between price and quantity demand.
  • A change in demand whose percentage is less than a change in price. Demand is said to be inelastic, for instance, if the price of a good increases by 25% but drops in demand by just 2%.
  • When there is a small change in the quantity demanded when the price changes, a good or service has inelastic demand. The term "price inelasticity of demand" is another name for this. An example of inelastic demand is gasoline, where individuals generally buy the same amount even when prices rise.

Thus this is the answer.

To learn more about Demand, refer: brainly.com/question/1245771

#SPJ4

4 0
2 years ago
The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be exp
vodomira [7]

Answer:

b. rightward shift of aggregate demand and a leftward shift of aggregate supply.

Explanation:

The U.S. experience of strong economic growth, full employment, and price stability in the late 1990s and early 2000s can be explained by a rightward shift of aggregate demand and a leftward shift of aggregate supply.

The rightward shift of aggregate demand is as a result of strong economic growth and price stability.

8 0
3 years ago
Read 2 more answers
Can the government tell its citizens what they can and cannot do as long as their actions do not impinge on the rights of other
densk [106]
If they are terrorist or had a very criminal background
5 0
3 years ago
If the interest rate in the United Kingdom is 8 percent, the interest rate in the United States is 10 percent, the spot exchange
NISA [10]

Answer:

The answer is $1.78 / £1

Explanation:

Solution

Given that

Interest rate of United kingdom = 8%

Interest rate of United States =10%

Spot exchange rate =$1.75£1

The next step is to find the one year forward rate of exchange

Thus

Forward Rate = S₀ * [ ( 1 + Rus) / ( 1 + RE) ]

=$ 1.75 * ( ( 1 + 10%) / ( 1 + 8%) )

$1.78

Therefore, the forward exchange rate is $ 1.78 / £1

3 0
3 years ago
Ms. march is teaching matthew to do his laundry. she has written a task analysis for doing laundry, which consists of 36 steps.
babymother [125]
Given that <span>Ms. march is teaching Matthew to do his laundry. She has written a task analysis for doing laundry, which consists of 36 steps. She conducted an initial assessment to identify which steps Matthew could already do, and she discovered that the only step he can presently do independently is to open the lid to the washer. She decides to use total task presentation as her method of teaching this complex chain of behaviors, using a least-to-most prompting strategy.

One disadvantage to this procedure is that </span><span>This procedure is likely to make each training session quite long.</span>
7 0
3 years ago
Other questions:
  • A common tool project teams use to show resource assignments is a responsibility matrix. typically, this chart will depict:
    8·2 answers
  • In many countries entrepreneurs and other business leaders, eager to protect their property rights and ensure the dispassionate
    15·1 answer
  • If an applicant has extensive training, numerous scholastic accomplishments, a high level of community involvement, and no work
    13·1 answer
  • Using the information provided, analyze the affects of Lawry Lawn Service's transactions on the accounting equation.
    10·1 answer
  • Why are files naming conversation essential
    13·1 answer
  • Real per capita GDP in Singapore in 1960 was about $450, but it doubled to about $900.00 by 1977. a. What was the average annual
    9·1 answer
  • An export subsidy will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall d
    15·1 answer
  • Complete the sentence using the correct term.
    5·1 answer
  • What is your opinion on the saying "If it doesn't challenge you, it doesn't change you"?
    11·1 answer
  • Listed below are the transactions that affected the shareholders’ equity of Branch-Rickie Corporation during the period 2018–202
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!