Explanation:
The correct journal entry is as follows:
Cash Dr $90
Service revenue Dr $560
To Account receivable $650
(Being the cash received is recorded)
Basically we debited the cash for $90 and service revenue for $560 and credited the account receivable for $650 so that the correct posting could be done
The cash difference is
= $650 - $560
= $90
Answer:
$2,685
Explanation:
Calculation to determine the machine's net present value
NET PRESENT VALUE
Year Cash flow*Discount factor at 8% =Discounted Cash flows
0 $ -40,000*1= $-40,000
1 $ 12,000*0.9259= $11,111
2 $12,000*0.8573=$10,289
3 $ 12,000* 0.7938=$9,526
4 $16,000*0.7350=$11,760
NET PRESENT VALUE $2,685
($-40,000+$11,111+$10,289+$9,526+$11,760)
Therefore the machine's net present value is $2,685
Answer: This statement is FALSE
Explanation:
Price Ceiling is the maximum price fixed by government , usually less than equilibrium price to make necessity goods affordable to max people.
Producer Surplus is the difference between prevailing price & minimum price needed to induce producers to supply . Diagramaticaly / Graphicaly , it is the vertical difference between supply curve & price level
Implying Ceiling Imposition , the price gets reduced . Assuming unchanged Supply curve , the difference between price & supply curve reduces .
Hence , Producer Surplus falls
An idea, opportunity, or dream is the foundation of planning that managers begin with to plan.
The planning process begins with setting goals. Goals are the end result that management wants to achieve through its activities. Goals are specific and can be measured in units.
When developing SMART operational goals, it is important to seek employee feedback throughout the process. Once set, it can be difficult for employees to understand and accept goals. Philip is the new manager of a 15-man manufacturing company.
Redesigned workspace to keep tools within reach of an idea, opportunity, or dream.
Learn more about opportunities at
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Answer:
contractual vertical
Explanation:
A vertical marketing system can be defined as a form of cooperation that exists between the different levels that makes up a distribution channel. The individuals in the channel ensure that they work in unity inorder to accelerate the rate of efficiency.
The three elements that constitutes a a vertical marketing system include:
- Producer
- Wholesaler
- Retailer
In a corporate vertical marketing system a single organization is responsible for production, development, marketing, and distribution of a particular product. All levels of the distribution channel is handled by a single company.