Business, 23.06.2020 19:01 itsjustmechucky

During 2019, Ocean Consulting had the following transactions with it clients (customers): On February 1, 2019, the company received cash of $5,100 from clients in payment of their account balances as of December 31, 2018. On November 1, 2019, the company received $2,100 cash as payments in advance for services to be performed in 2020. The company received a total of $13,500 in cash for services that were performed during 2019. The company sent bills totaling $4,100 to clients for services performed during 2019; this amount was unpaid as December 31, 2019. What is the amount of Service Revenue that will be reported on the income statement for the year 2019

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 11:00

When using various forms of promotion to carry the promotion message, it is important that the recipients of the message interpret it in the same way. creating a unified promotional message, where potential customers perceive the same message, whether it is in a tv commercial, or on a billboard, or in a blog, is called

Answers: 2

Answer

Business, 22.06.2019 21:20

Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor

Answers: 2

Answer

Business, 22.06.2019 22:00

Miami incorporated estimates that its retained earnings break point (bpre) is $21 million, and its wacc is 13.40 percent if common equity comes from retained earnings. however, if the company issues new stock to raise new common equity, it estimates that its wacc will rise to 13.88 percent. the company is considering the following investment projects: project size irr a $4 million 14.00% b 5 million 15.10 c 4 million 16.20 d 6 million 14.20 e 1 million 13.42 f 6 million 13.75 what is the firm's optimal capital budget?

Answers: 3

Answer

Business, 23.06.2019 21:00

You are saving $30 each month. you have a goal to accumulate $700 in savings. how long will it take you? a) about one year b) about two years c) about three years d) about four years

Answers: 1

Answer

You know the right answer?

During 2019, Ocean Consulting had the following transactions with it clients (customers): On Februar...

Questions