Business, 19.10.2019 01:30 asianaenaeh

This year (year 0) elizabeth agreed to a three-year service contract with an engineering consulting firm to improve efficiency in her factory. the contract requires elizabeth to pay the consulting firm $1,500 for each instance that elizabeth requests their assistance. the contract also provides that elizabeth only pays the consultants if their advice increases efficiency as measured 12 months from the date of service. this year elizabeth requested advice on three occasions and she has not yet made any payments to the consultants. (leave no answers blank. enter zero if applicable.)
how much should elizabeth deduct in year 0 under this service contract if she uses the accrual method of accounting?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 01:30

Diversity is an obstacle all marketers face: true false

Answers: 2

Answer

Business, 22.06.2019 03:00

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Answers: 1

Answer

Business, 22.06.2019 08:30

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Answers: 3

Answer

Business, 22.06.2019 08:40

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.

Answers: 1

Answer

You know the right answer?

This year (year 0) elizabeth agreed to a three-year service contract with an engineering consulting...

Questions