A service refers to an activity, benefit, or satisfaction offered for sale that is essentially intangible and does not result in the ownership of anything

Harry's Heimeshe Herring Co began operation in early 2018 with 50,000 in owners' equity and a bank loan of $25,000. With those funds it purchased equipment and kept $5,000 in the bank. Over that first year Harry's made an after-tax profit of 18,000 and paid no dividends. Last year it made $40,000 in profits after tax, from which it paid 18,000 in dividends. Near the end of the year the owners invested additional 10,000. Harry's Book Value at the beginning of this year was:

a) 46,000 b) 50,000 c) 55,000 d) 95,000 e) 100,000

Geolocation apps report your location to other users, and they associate real-world locations to your location

Indicate whether the statement is true or false