Peace of mind provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill. As of the end of the year, Peace of Mind has collected $900 from cash-paying customers. Peace of MindPeace of Mind's remaining customers owe the business $1,200.

How much service revenue would Peace of MindPeace of Mind have for the year under the

a. cash basis?

b. accrual basis?

A. under the cash basis, Peace of mind will record $ of service revenue for the year.

B. Under the accrual basis, Peace of mind will record $ of service revenue for the year.

Which type of investment offers both capital gains and interest income? a. property b. cds c. stocks d. bonds

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Match the different financial task to their corresponding financial life cycle phases