Criteria. I believe so. It needs 20 to answer
Answer:
The amount of revenue for the month of July amounts to $1,475
Explanation:
Revenue is the income or the revenue which the business has from the normal activities of the business, mostly from the sale of the goods and the services to the customers. It is acknowledged as the turnover or sales.
So, the transactions which generate the revenue in the following month are:
Received or collected cash from customer for the services worth $1,000
Service is provided worth $475 to the customer on credit
These two transactions are the revenue, therefore, the total amount of revenue is $1,475 ($1,000 + $475).
Answer:
The correct answer is c. utility.
Explanation:
The correct answer is c. utility. Beulah wants to make a choice that is profitable as well as not compromising on her leisure time, she wants to make a choice to maximize her UTILITY. Utility means to be profitable and or useful. There is no budget constraint or opportunity cost that she should be concerned about.
Answer:
Annual amortization= $62,291.67
Explanation:
Giving the following information:
Purchase price= $897,000
Smitty plans to reproduce 1.8 million posters of the artwork for 12 years.
To calculate the amortization, we need to use the following formula:
Annual amortization= (original cost/total estimated production)*production for the year
Annual amortization= (897,000/1,800,000)*125,000
Annual amortization= $62,291.67