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Fed [463]
3 years ago
7

A company has the following accrual-basis balances at the end of its first year of operation: Un-earned consulting fees $ 2,000,

Consulting fees receivable 3,500, Consulting fee revenue 25,000. The company’s cash-basis consulting revenue is what amount?
A. $30,500.
B. $19,500.
C. $26,500.
D. $23,500.
Business
1 answer:
nlexa [21]3 years ago
7 0

Answer:  

D. $23,500.

Explanation:

Company’s cash-basis consulting revenue

= Consulting fee revenue - Consulting fees receivable  +  Unearned consulting fees

= $25,000 - $3,500 + $2,000

= $23,500

Therefore, The company’s cash-basis consulting revenue is $23,500.

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b) A central bank is expected to achieve a 3% annual inflation rate

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Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.

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Which of the following is the riskiest choice for your money? A. Savings account B. Government bonds C.CDs D REI
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Dan has been directed to study the actors close to a company that affect its ability to serve its customers, such as the company
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<u>B) microenvironment</u>

Explanation:

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Baden Company has gathered the following information. Units in beginning work in process 0 Units started into production 37,700
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Answer:

The materials equivalent units is 37,700

Conversion costs equivalent units is 32,480

Explanation:

The equivalent units of production for materials can be computed thus:

Description                   quantity           % of completion    Equivalent units

Completed units            29000              100                          29000

(37700-8700)

Ending inventory            8700                100                      <u>    8700</u>

total equivalent units for materials                                      37700

The equivalent units of production for conversion costs can be computed thus:

Description                   quantity           % of completion    Equivalent units

Completed units            29000              100                          29000

(37700-8700)

Ending inventory            8700                40                      <u>    3480 </u>

total equivalent units for conversion costs                       32480

I applied 100% percentage of completion to ending inventory when determining materials equivalent units and 40% percentage completion when determining equivalent units for conversion cots  as it given in the question

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3 years ago
You recently graduated from Empire State University with a degree in Marketing. You loved your time at Empire State, and have ma
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Answer and Explanation:

Demographic: the demographic aspect in looking at market segmentation variables in his coffee business would consider such things as age brackets, gender and different groups of population that would be interested in what his business aims to offer. Individuals who are in the older age brackets such as from 30-70 would be interested in coffee. Also these individuals are usually educated

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what is customers attitudebor lifestyle ? Are customers thorough about the kind of coffee they want. Will customers accept to pay higher for higher quality coffee.

Behavioral: customers may consider the coffee shop a relaxation spot or a place to hangout with friends and family while enjoying a nice cup of coffee. What does this group do most and associate coffee with?

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