Hunter bought a bond with an 8% coupon rate for $1,100 and sold it one year later for $1,150. His holding period return was

The receipt of cash from customers in payment of their accounts would be recorded by a

A. debit to cash and a credit to accounts payable B. debit to cash and a credit to accounts receivable C. debit to cash and a credit to fees earned D. debit to cash and a credit to fees expense

Briefly explain what service firms must do to be successful in the global marketplace

What will be an ideal response?