All categories

2 years ago

On December 31, the company provides consulting services and bills its customer $3,000 for these services.

1 answer:

8 0

I would highly recommend either 1. Try to use larger words that has a high vocabulary level to them. It kinda works to fill the sentences better and make them feel more whole as well as take more time to read. You could also 2. Just go back and give it another read and try to find more information on the subject. Hope that helped

You might be interested in

Zeta Co. reported sales revenue of $4,600,000 in its Income Statement for the year ended December 31, 20X1. Additional informati

Black_prince [1.1K]

Answer:

Zeta would have reported 20X1 sales of $4,280,000.

Explanation:

Note: the additional information in the question is correctly represented before answering the question as follows:

12/31/X0 12/31/X1

Accounts receivable $1,000,000 $1,300,000

Allowance for uncollectible accounts (60,000) (110,000)

The explanation of the answer is now given as follows:

Since sales is equal to cash collections under the cash basis of accounting, cash collected on accounts receivable can therefore be calculated as follows:

Ending balance = Beginning balance + Sales − Collections − Write-offs ......... (1)

Where;

Ending balance = $1,300,000

Beginning balance = $1,000,000

Sales = $4,600,000

Collections = ?

Write-offs = $20,000

Substituting the values into equation (1) and solve for collections, we have:

$1,300,000 = $1,000,000 + $4,600,000 − Collections − $20,000

Collections = $1,000,000 + $4,600,000 − $20,000 - $1,300,000

Collections = $4,280,000

Therefore, Zeta would have reported 20X1 sales of $4,280,000.

7 0

2 years ago

The three phases involved in the management of large projects are

Simora [160]

Operations management are multiple activities that create value for consumers by way of a good or service. The create the good or service and put them out in the market.
When planning a managing a large product you need to make sure that the phases are follow throughly and accurately.
Phase 1) Planning
Phase 2) Scheduling
Phase 3) Controlling

8 0

2 years ago

John invests a total of 10,000. He purchases an annuity with payments of 1,000 at the beginning of each year for 10 years at an

Dmitriy789 [7]

Answer:

7.95%

Explanation:

the first step is to determine the present value of the 10 year annuity

$1000\frac{(1 + 0.08)(1 - (1 - 0.08)^{-10} }{0.08}$ = 7246.89

remaining balance of the 10,000 is invested in a 10-year certificates of deposit = 10,000 - 7246.89 = $2753.11

We would calculate the future value of this amount

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value

P = Present value

R = interest rate

N = number of years

m = number of compounding

$2753.11 x ( 1 + 0.09/4)^(4 x 10) = 6704.34

calculate the value of reinvestments

$1000\frac{(1 + 0.07) ( 1 + 0.07)^{10} - 1 }{0.07}$ = 14783.60

14783.60 + 6704.34 = 10,000 ( 1 + er)^10

er = 0.0795 = 7.95%

3 0

2 years ago

How does good health contribute to career success?

Dahasolnce [82]

It allows for one to live a healthier, happier, positive, successful life. Good health permits a stronger body and therefore better performance in the work place and an overall sense of optimism.

xx :)

7 0

2 years ago

The art and science of choosing target markets and building profitable relationships with them is called ________.A) marketing m

natima [27]

Answer:

A) Marketing Management

Explanation:

According to my research on different business techniques and strategies, I can say that based on the information provided within the question this type process is called Marketing Management. Like mentioned in the question it involves planning and executing, pricing, promotions, relationships, etc in order to expand a business and achieve organizational goals.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0

2 years ago