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Pani-rosa [81]
3 years ago
12

Which statement best defines tuition?

Business
2 answers:
lana66690 [7]3 years ago
7 0
A tuition is a sum of money charged for teaching or instruction by a school, college or university. in other words, fees or bills.
melomori [17]3 years ago
7 0

Tuition is money that is charged for teaching or instruction by either a school, college, university, church or other learning agency.  Money that is owed to extracurricular activites like dance, sports or other programs may also be coined the name, tuition. Essentially, no matter where it is used, it is money that is due for receiving a lesson or service.

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On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R
Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit     Cash                 $29,000

Credit       Common Stock               $29,000

(issuing common stock for cash that will increase the cash)

2. Debit    Cash                               $44,000

   Debit    Accounts Receivable    $39,000

 Credit           Service Revenue                   $83,000

(Provided services on account and cash)

3. Debit    Salaries expense            $32,000

Credit               Cash                                     $32,000

(Paid salaries to workers)

4. Debit    Prepaid Rent                   $21,000

Credit               Cash                                     $21,000

(Paid rent in advance for cash)

5. Debit    Supplies                          $31,000

Credit                  Accounts payable            $31,000

(Purchase supplies on account means liability will increase)

6. Debit    Dividends                        $2,900

Credit                   Cash                                 $2,900

(Paid cash dividends to the shareholders)

7 0
3 years ago
Smith, inc., has maintained an ownership interest in watts corporation for a number of years. this investment has been accounted
Elenna [48]
The amount that the company is worth at that exact time
4 0
3 years ago
1. How is GE changing its business strategy and business model? What is the role of information technology in GE’s business? 2.
NemiM [27]

Answer:

See explanation section.

Explanation:

Requirement 1

General Electric (GE) is always helping people with a variety of modern technology. Therefore, its main aim is to focus on technology that assists the world with a faster data collection medium. The company is converting its business towards technology. With the help of Jet engines and oil-refining material, it can generate electric power. The cloud-based software changed the whole company. Now, the company is monitoring only about technology to become a successful software servicing company.

Requirement 2

As the future of the world is getting modernized, General Electric company is focusing on software and the Internet of Things. GE is trying to take its customers base from traditional on-site manufacturing to digital software-based operations. The launch of sensor-generating data has revolutionized the success. Using cloud-based data make the company more productive and reliable. The overall thinking towards the future is superlative.

Requirement 3

General Electric company launched Predix in 2015 to accumulate data. The three decisions to use Predix are -

1. As Predix can operate on each cloud infrastructure, it can provide sensor and analyze the data quite quickly.

2. Since Predix is a high standard cloud-based protocol, it enables customers to join quickly to the mechanical market.

3. With the help of Predix, each customer can adjust the size and range of the current levels of use to understand their requirements.

Requirement 4

People like to use from all over the world, General Electric (GE) equipment. They also like to mix that equipment with other companies' equipment to produce a high-qualified machine. As people are using more GE equipment with others, it is discussing the customers to handle the GE related equipment for a permanent basis. Therefore, it is becoming a software company.

3 0
3 years ago
If Central Bank A cares only about keeping the price level stable and Central Bank B cares only about keeping output at its natu
dexar [7]

<u>A)</u><u> Both Central Bank A and Central Bank B should </u><u>increase</u><u> the </u><u>quantity</u><u> of </u><u>money.</u>

<u></u>

<h3><u>What is the Central Bank?</u></h3>

A financial institution with exclusive authority over the creation and distribution of money and credit for a country or a group of countries is known as the central bank. In contemporary economies, the central bank is typically in charge of monetary policy formulation and member bank regulation. Inherently non-market-based or even anti-competitive institutions are central banks. Many central banks, despite the fact that some have been nationalized, are not part of the government and are therefore frequently hailed as being politically independent. However, even though a central bank isn't technically the government's property, its rights are still created and safeguarded by the law.

Learn more about central banks with the help of the given link:

brainly.com/question/24171524?referrer=searchResults

#SPJ4

<u></u>

<u></u>

8 0
2 years ago
Warr Company is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's pr
BartSMP [9]

Answer:

Option B, IRR is 14.42%

Explanation:

The IRR is the rate of return that equates the cost of the project to the present value of cash flows receivable from the project in future.

Using an excel approach, the formula formula IRR is given as:

=irr(values)

The values in this case are

-$1300 in  year 0

$450 in year 1

$450 in year two

$450 in year 3

$450 in year 4

The irr gives 14.42% as shown in the spreadsheet attached

The cost of the investment of the investment project of $1300 equals the present values of its cash flows at 14.42% rate of return

Download xlsx
4 0
3 years ago
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