Eaton co. sells major household appliance service contracts for cash. the service contracts are for a one-year, two-year, or three-year period. cash receipts from contracts are credited to unearned service revenue. this account had a balance of $3,800,000 at december 31, 2014 before year-end adjustment. service contract costs are charged as incurred to the service contract expense account, which had a balance of $900,000 at december 31, 2014. service contracts still outstanding at december 31, 2014 expire as follows: during 2015 $960,000 during 2016 1,140,000 during 2017 700,000 what amount should be reported as unearned service revenue in eaton's december 31, 2014 balance sheet?

At which stage of marketing strategy would the marketing team address the question, "should we engage in these practices? "

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

With signals from no-claim bonuses and deductibles, a. the marginal cost curve for careful drivers lies to the left of the marginal cost curve for aggressive drivers b. auto insurance companies insure more aggressive drivers than careful drivers because aggressive drivers have a greater need for the insurance c. the market for car insurance has a separating equilibrium, and the market is efficient d. most drivers pay higher premiums than if the market had no signals