I believe the answer is A.) Utilities
Answer:
July 8th
cash 350,000
unearned revenue 350,000
August 1st
unearned revenue 350,000
cash 650,000
service revenue 1,000,000
Explanation:
July 8th we have to post for the cash received, the total amount of the sale, may change so we don't record that.
On August 1st the services were performed. We accrued revenue for the whole amount of the contract. We record the cash received and we write-off the unearned revenue because is no more.
The right answer for the question that is being asked and shown above is that: "b. assumes that all customers are basically the same" Target marketing, in contrast to mass marketing, <span>b. assumes that all customers are basically the same</span>
Answer:
The correct answer is option C.
Explanation:
`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.
If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.
Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.
Answer:
B. Causes of variability
Explanation:
Inventory reduction via Just in time is a technique that aligns raw material orders from suppliers directly to production schedules. It helps in reducing inventory costs. It increases efficiency and reduces waste as goods are only received when the organization using JIT needs them for operations. In JIT, production period is short, warehouse need is minimize thus reducing costs. Also, it becomes of useful tool in identifying causes of variability. It reduces variability caused by both internal and external factors. Variability are normal deviation from the most efficient and optimum process.
