It describes the service sector, also called as tertiary sector which is the third of the three traditional economic sectors. The service sector provides service not an actual product that could be held in hand. Undertakings in the service sector comprise hotels, banks, trade, real estate, social work, education, health, media, recreation, computer services, electricity, communications, gas and water supply.
One sample of this are banks which left over big changes in the late 20th century with the use of information and communication technology, banks have massively condensed the number of people they need to employ, and dropped the cost of provided that bank service. For example, an ATM is capable to deliver basic banking services 24 hours a day, 7 days a week, in many dissimilar places. Before this, banking facilities were only accessible from the bank once it was open. Many banks and building civilizations have combined together to form much lesser cost businesses that can make a lot of money from a broader customer base. The important to this procedure is in advance of data about their customers and continually approaching up with innovative services for them.
Answer:
$2,500 Increase
Explanation:
Lil Beasty Company
Variable cost per unit ($17 + $1.50) $18.50
Income per unit ($19 – $18.50) $0.50
The total increase in net income ($.50 X 5,000 units) $2,500
Therefore we have increase $2,500 meaning If the offer is accepted with unused capacity, net income will increase by $2,500. The variable cost per unit will be $18.50 ($17 + $1.50); the income per unit is $.50 ($19 – $18.50); and the total increase in net income will be $2,500 ($.50 X 5,000 units)
The answer is d it’s everything a manager does
Answer:
January 24, 2022, Madonna Inc.'c account is written off
Dr Allowance for doubtful accounts 4,245
Cr Accounts receivable 4,245
the cash realizable value of the accounts receivable account:
- before the write off = $653,700 - $24,200 = $629,500
- after the write off = ($653,700 - $4,245) - ($24,300 - $4,245) = $629,500
The net balance of the account does not change because the allowance for doubtful accounts is a contra asset account that already decreased the accounts receivable balance.