Which is often the third step in a new business? Multiple Choice Investing Financing Operations
Q: the next three months as follows: July 4,5 he next month's sales needs on hand. July $8 per unit…
A: The correct answer is c. ($ 58,720)
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A: Total budgeted sales = Budgeted sales units × Selling price per unit
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A: Dividend is the distribution out of net income to the stockholders of a company.
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A: Concept of Profession ethics of Accountant as per AEPS 110
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A: Lets understand the basics. Break even point is a point at which no profit no loss condition arise.…
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A: GIVEN A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80…
Q: a. Compute the net cost of investment in the new machine for decision making purposes. b. Assuming…
A: SN Particulars Amount A New Machine Cost (Purchase Cost) P 50,000 B Cost incurred for bringing…
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A: Introduction:- The following basic information needs to understand understand as follows under:- On…
Q: Information about Hannah Industries for the month ending December 31, 2019, is as follows: Sales…
A: The cost of goods sold is given and the entire cost sheet is to be prepared with the help of given…
Q: Which of the following transactions would affect operating cash flows reported in the statement of…
A: 1. OPERATING ACTIVITY INCLUDES CASH ACTIVITIES TO NET INCOME. 2. INVESTING ACTIVITY INCLUDE CASH…
Q: In a period, sales are $140,000, purchases $75,000 and other expenses $25,000. What is the figure…
A: Net profit = Total sales - Total expenses
Q: A company’s flexible budget for 19,000 units of production showed sales, $87,400; variable costs,…
A: Introduction:- The flexible budget is planned to change based on the level of units volume. It is…
Q: 1. Question Content Area Sales Budget FlashKick Company manufactures and sells soccer balls for…
A: Budgeting is an important tool for the cost managers of an entity it helps to forecast the…
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A: A partnership is a sort of business structure wherein the owners have unlimited personal liability…
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A: As per the Given Information in the Question, 1) From Operations covered by the franchise: Revenues…
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A: The forecasted sales budget is prepared by the management by considering its past recorded sales…
Q: Construct a production budget for each of the two product lines for FlashKick Company for the first…
A: Solution:- Production budget means as follows under:- It is used to calculate the number of units…
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A: Break even point means the situation where there is no profit no loss. It means that a point where…
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A: The valuation account intended to calculate the amount of a company's receivables that may be…
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A: MARR or Minimum acceptable rate of return is the minimum rate of return that investors are expecting…
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A: Lets understand the basics. In high low method, fixed cost and variable cost gets separated from…
Q: Del Spencer is the owner and founder of Del Spencer's Men's Clothing Store. Del Spencer's has its…
A: Cash budget: It implies to a financial plan that gives an estimated figure of all the cash outflows…
Q: During March, a firm expects its total sales to be $162,000, its total variable costs to be $95,200,…
A: Ans. Contribution margin is calculated by deducting variable cost from total sales.
Q: A promise to pay an amount on a specific future date plus interest is recorded in which account?…
A: Accounts Receivable, Unearned Revenue and Accounts Payable does not carry interest. Also there is no…
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A: Introduction: The benefits which are provided by the employer which acts as job satisfaction to…
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A: The ability to pay interest is measured by Times Interest ratio. Higher the ratio the better will be…
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A: Cashflow statement shows cash position during a period of time. Cash flow statement is divided into…
Q: What is the least appropriate explanation for the activity ratio? 1.If a company's resources are…
A: ACTIVITY RATIO IS USED TO MEASURE THE PERFORMANCE OF COMPANY. IT STATES THAT HOW EFFICIENTLY THE…
Q: Debits always decrease which accounts? O Liabilities, Revenue and Common Stock Assets, Liabilities…
A: Debit and credit are the two aspects of the double entry system. These are used to record the dual…
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A: Introduction:- The following formula used to calculate production budget as follows under:-…
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A: Introduction: Capital: Capital is the owners contribution. capital has always credit balance.
Q: Given the following cash transactions relating to Weatherford Company, what is the net cash flows…
A: The cash flow statement is prepared to record the cash flow from various activities during the…
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A: Depreciation means the amount of expenses written off from the value of fixed assets used in…
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Q: 5. Overhead budget. Round your answers to two decimal places, if required. January February March…
A: The overhead budget is prepared to record the overhead costs to be incurred for budgeted sales unit.…
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A: Introduction: Credit period: In general sales can be of two types Credit sales and cash sales. With…
Q: gageNOWv2 | Online teachin X +…
A: Solution.... Direct labour = $192,400 Factory overhead = $204,500 Conversion costs = ?
Q: Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the…
A: Solution:- Preparation of journal entry as follows under:- Journal entry is the the first stage of…
Q: Calculate the depreciation expense in the year of 2014 by using Straight line method Asif Company…
A: Introduction: Depreciation: Decreasing value of fixed assets over its useful life period called as…
Q: A call center agent receiving a monthly salary of P21,000 with mandatory annual deductions of…
A: GIVEN A call center agent receiving a monthly salary of P21,000 with mandatory annual deductions…
Q: Sales Budget FlashKick Company manufactures and sells soccer balls for teams of children in…
A: Lets understand the basics. Budget is estimation of future profit and loss. Management prepares…
Q: A public school teacher receiving a monthly salary of P26,494 with mandatory annual deductions of…
A: GIVEN A public school teacher receiving a monthly salary of P26,494 with mandatory annual…
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A: As per IFRS 16, Leases, Lessor will recognize Net investment in lease on lease commencement date…
Q: An article is sold for Php 2400 at a profit of 25 %. What would have been the actual profit or loss…
A: Introduction;- The following basic information as follows under:- Cost Price of Article = Php X 25 %…
Q: A customer takes out a loan of $130,000 on January 1, with a maturity date of 36 months, and an…
A: Formula: Interest amount = Loan amount x Interest rate x Time period
Q: What are the after effects (both short term and long term) of capitalizing the cable costs of…
A: Capital expenditures (CapEx) are cash outlays made by a company to purchase, improve, and maintain…
Q: A corporation has the following account balances on December 31, 2019: Accounts payable $2,500…
A: Stockholders' equity means total funds available to equity shareholders as shown in the statement of…
Q: On December 31, 2021, Maroon Co. leased an equipment with a cost of P2,000,000 to Green Co. for…
A: Residual value is of two types-one is guaranteed residual value and the other is unguaranteed…
Q: Raven applies overhead based on direct labor hours. The variable overhead standard is 11.0 hours at…
A: Solution... Standard hours = 4,350 units * 11 hours per unit = 47,850 hours Actual hours =…
Q: ccompany the Corporation Tax return when it is filed
A: Everyone, it might be a company or a person is required to fill out the tax return. Depending upon…
Which is often the third step in a new business?
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- Financial innovation provides a new service and product needed to both investors and borrowers. Select one:TrueFalseWhich of the following sources of entrepreneurial financing are available to ventures that have already started to conduct business and generate sales? bank financing venture capital public financing all of theseWhat are the payout methods? Select all that apply. Group of answer choices a. Bank loan b. Buyout c. SPAC d. Dividend
- Discuss the importance of financial statements in the strategic planning process of an entrepreneurial venture. Note: Please answer asap. It’s okay to make it short.How an investment help to an business to growDescribe the financial analysis tools you would use to convince management to make the investment you are proposing?
- Financially, how can an entrepreneur maximize their return on their investment?Which one is LEAST likely to be considered in developing financial strategies?a. Investment and growth opportunitiesb. Public relations and media coveragec. Financing optionsd. Alignment of the business strategy and the financial strategyWhat is the connection between Business Valuation and Financing Options ?
- Which of the following sources of entrepreneurial financing are available to ventures that have already started to conduct business and generate sales? bank financingventure capitalpublic financingall of theseWhy is it important for a new business venture to prepare financial projections?When intending to establish a new company, have a strategy for financing your venture.