If customers are statisfied, they will return and tell others if they are impressed by your services...^^
Answer:
ii, iii, iv
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested.
If the present value of the cash inflows exceeds the initial cost of the project, NPV is positive
If the present value of the cash inflows is less than the initial cost of the project, NPV is negative
Answer: <u><em>The statement given is true</em></u> since the total cost cost ownership is an estimate of cost of an commodity that considers all cost accompanying to the procurement and utilization of the item. Some of these cost are: Depreciation costs
, Fuel costs
, Insurance
, Financing
, Repairs
, Downtime costs and etc. The total cost of ownership does not include disposing costs.
Answer:
Explanation:
The journal entries are shown below:
A. Cash A/c Dr $15,000
To Service revenue A/c $15,000
(Being cash is received)
B. Cash A/c Dr $150
To Unearned Service revenue A/c $150
(Being unearned service revenue recorded)
C. Cash A/c Dr $4,000
To Accounts Receivable $4,000
(Being cash received for service provided)
D. Cash A/c Dr $2,250
To Unearned Service revenue A/c $2,250
(Being advance payment is received)
E. Accounts receivable A/c Dr $125
To Service revenue A/c $125
(Being service provided is recorded)
In this case, since Frank's electric bill has a cycle day of the 3rd and due 8 days later, so that would be on the 11th day, and a grace period of one day which is the 12th day, what happens if Frank pays his electric bill on the 12th of the month is that, there will be no extra fees or penalties to be paid since he just paid on time. Hope this helps.
