During 2021, Ocean Consulting had the following transactions with its clients (customers): On February 1, 2021, the company received cash of $5,100 from clients in payment of their account balances as of December 31, 2020. On November 1, 2021, the company received $2,100 cash as payments in advance for services to be performed in 2022. The company received a total of $13,500 in cash for services that were performed during 2021. The company sent bills totaling $4,100 to clients for services performed during 2021; this amount was unpaid as December 31, 2021. What is the amount of Service Revenue that will be reported on the income statement for the year 2021?

Exercise 8-6 goods in transit [lo8-2] the kwok company's inventory balance on december 31, 2016, was $190,000 (based on a 12/31/16 physical count) before considering the following transactions: 1. goods shipped to kwok f.o.b. destination on december 20, 2016, were received on january 4, 2017. the invoice cost was $35,000. 2. goods shipped to kwok f.o.b. shipping point on december 28, 2016, were received on january 5, 2017. the invoice cost was $22,000. 3. goods shipped from kwok to a customer f.o.b. destination on december 27, 2016, were received by the customer on january 3, 2017. the sales price was $45,000 and the merchandise cost $27,000. 4. goods shipped from kwok to a customer f.o.b. destination on december 26, 2016, were received by the customer on december 30, 2016. the sales price was $25,000 and the merchandise cost $18,000. 5. goods shipped from kwok to a customer f.o.b. shipping point on december 28, 2016, were received by the customer on january 4, 2017. the sales price was $30,000 and the merchandise cost $17,000. required: determine the correct inventory amount to be reported in kwok's 2016 balance sheet.

Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: