Companies using fee-for-service revenue model charge a fee based on the value of the service provided on the web.
<h3>What is service charge?</h3>
Service charge is certain amount of money paid by an individual for a service rendered.
The amount is paid based on the charge pose on the individual.
Therefore, companies using fee-for-service revenue model charge a fee based on the value of the service provided on the web.
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Answer:
The amount of cash and cash Equivalents reported on December 31, 2017.
$8,698,231
Explanation:
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Answer:
$125,165.49
Explanation:
Daily Sales Outstanding is computed by dividing Average Accounts Receivable over Daily Credit Sales.
In this case, if the DSO is 71, then the Daily Credit Sale is $2,887.3239($205,000/71).
Then, the old sales is $1,053,873.24 ($2887.3239 x 365).
If this is reduced by 15% after the policy is implemented, the new sales is $895,792.25 ($1,053,873.23-15%) and the new daily sales is $2,454.23 ($895,792.25/365).
Using these DSO formula, the new Accounts Receivable level will be $125,165.49 (51 x $2,454.23).
Answer:
d. An increase in the value of the pound by 0.6 percent
Explanation:
Given :
Regression equation : 
Change company estimates that
to be 0.0 and the value of
to be 0.6.
Now, ebp = 0.6 x inf + μt ----------------- 
When Inf = 1 (assume that the error term is 0)
ebp = 0.6 x 1 = 0.6
That is it is an increase in the value of pound by 0.6% with the one unit increase in the
.
Therefore, option (d) is correct.