In year 1, costello company performed work for a customer and billed the customer $10,000. in year 2, the customer pays costello company for the services it rendered in year 1. in year 1, the company incurred $3,000 of wage expense, but it did not pay the employees until year 2. if costello company uses the cash-basis of accounting, then it will report

Personal financial planning is the process of creating and achieving financial goals? true or false

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators