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Zigmanuir [339]
2 years ago
15

Telecom Co. enters into a​ two-year contract with a customer to provide wireless service​ (voice and​ data) for​ $40 per month.

To induce​ customers, Telecom Co. provides a free phone. Telecom Co. normally sells the phone on a​ stand-alone basis for​ $200. Telecom Co. also charges the customer a​ one-time activation fee of​ $35. Which of the following is​ true?a. The free phone constitutes a marketing expense.
b. The activation fee is a separate performance obligation.
c. There are two distinct performance obligations: the wireless service and the phone.
d. There are two distinct performance obligations: the voice service and the data service.
Business
1 answer:
Sergio039 [100]2 years ago
7 0

Answer:

The answer is: C) There are two distinct performance obligations: the wireless service and the phone.

Explanation:

Performance obligation refers to a promise made by a company to deliver a good or service to a customer. A series of goods or services that are very similar and are transferred at the same time to a customer can be considered as one single performance obligation.

For example, the voice service and the data service are considered one single wireless service. But the cellphone is totally different so it has to be considered a separate performance obligation.

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In two to three sentences, explain the differences between an operating system and an operating environment.
Leno4ka [110]

Answer:

see below

Explanation:

An operating system or simply OS is a program that manages a computer's hardware and software resources.  Operating system tasks include controlling and allocating memory, controlling input and output devices, facilitating networking, and prioritizing system requests.  Macintosh, Windows, or Linux are the most common operating systems that computers run on.

The operating environment is the environment in which a user runs application software. It consists of a user interface and an application programming interface. An operating environment is a middleware that rests between the Operating system and applications.

8 0
3 years ago
What is one medical use for x-rays​
MakcuM [25]

Answer:

X-rays can be used to see what areas of a bone a broken or injured. It helps understand what parts of the body may have injuries.

Hope this helps.

6 0
3 years ago
Every worker sees a social security (fica) tax taken out of his or her paycheck. the nominal tax rate on workers is 7.65 percent
denpristay [2]
Part A:

Because, there is a ceiling on the amount of earnings that is taxable. Any earning below the ceiling will be taxed at 7.65% of the earning while any earning above the eiling will be taxed at 7.65% of the ceiling.

Given that the ceiling on the amount that is taxable is $117,000. If a worker earns $40,000, then the worker's FICA tax will be 7.65% of $40,000 = 0.0765 x $40,000 = $3,060

Therefore, the percentage of income that is paid in social security taxes by a worker in 2014 earning $40,000 is 7.65%



Part B:

Because, there is a ceiling on the amount of earnings that is taxable. Any earning below the ceiling will be taxed at 7.65% of the earning while any earning above the eiling will be taxed at 7.65% of the ceiling.

Given that the ceiling on the amount that is taxable is $117,000. If a worker earns $80,000, then the worker's FICA tax will be 7.65% of $80,000 = 0.0765 x $80,000 = $6,120

Therefore, the <span>percentage of income that is paid in social security taxes by a worker in 2014 earning</span> $80,000 is 7.65%


Part C:

Because, there is a ceiling on the amount of earnings that is taxable. Any earning below the ceiling will be taxed at 7.65% of the earning while any earning above the eiling will be taxed at 7.65% of the ceiling.

Given that the ceiling on the amount that is taxable is $117,000. If a worker earns $200,000, then the worker's FICA tax will be 7.65% of $117,000 = 0.0765 x $117,000 = $8,950.50

Therefore, the percentage of income that is paid in social security taxes by a worker in 2014 earning $200,000 is given by

\frac{8950.5}{200000} \times100\%=4.48\%
8 0
3 years ago
For investors, the ______ provide independent, easy-to-use measurements of relative credit risk.
sattari [20]

For investors, <u>credit rating agencies </u>provide independent, easy-to-use measurements of relative credit risk.

A credit rating agency refers to a company that assigns credit ratings. A <em>credit rating agency</em> also serves as a basis for proper risk and return.

A credit rating agency is important as it helps in rating the ability of a debtor to pay back its credit. Therefore, for investors, credit rating agencies provide independent, easy-to-use measurements of relative credit risk.

In conclusion, credit rating agencies also rate the creditworthiness of issuers of debt instruments.

Read related link on:

brainly.com/question/25393732

3 0
2 years ago
Neptune LLC is a company that manufactures electronic products. Its employees are given specific guidelines regarding the resour
Len [333]

Answer: The corect answer is "D. Attributes".

Explanation: The term "attributes" best reflects the guidelines that Neptune employees are expected to follow.

Attributes are given to the specific guidelines given in relation to the resources and capabilities in which your company's money and time should be invested.

8 0
3 years ago
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