If a business has received cash in advance of services performed and credits a liability account, the adjusting entry needed after the services are performed will be: debit Unearned Service Revenue and credit Prepaid Expense. debit Unearned Service Revenue and credit Cash. debit Unearned Service Revenue and credit Service Revenue. debit Unearned Service Revenue and credit Accounts Receivable.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.

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?

Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in