Answer:
A private limited firm refers to a corporation. A corporation’s internal sources of financing are mostly limited to its retained profits, and money realized from the sale of its assets. In case of the given example, because the company does not have enough cash on hand, it will have to rely on several external sources of financing. The most important source of procuring financing for the company is a bank loan. Thus, the company can raise money from institutions such as banks or other creditors in the form of loans. The company will need to repay loans in the future, and therefore the company will record this as a liability in its accounts. However, these ways of procuring money would help the company arrange $15,000 in order to purchase the fabric and other accessories.
The sources of financing will remain the same even in the case of a sole proprietorship; that is, retained earnings or loans from external sources such as banks. However, in the case of a public limited company, the answer would change. In the case of a public limited business, it has another option of raising financing through the issue of common or equity shares.
Cave Hardware's forecasted sales for April, May, June, and July are $150,000, $250,000, $100,000, and $290,000, respectively. Sa
dmitriy555 [2]
Answer:
$160,000
Explanation:
The computation of budgeted cash payments in June is shown below:-
For computing the budgeted cash payments in June first we need to find out the may credit sales and June cash sales.
May credit Sales = May = $250,000 × 40% × 100%
= $100,000
and
June cash sales = $100,000 × 60%
= $60,000
Cash collection budgeted June = May credit Sales + June cash sales
= $100,000 + $60,000
= $160,000
The workplace is the location of the arbitrary drug testing. This is done to see if any of the workers are using drugs. The testing aids in determining the quantity and frequency of recent alcohol and illegal substance usage.
The impairment brought on by stress or other factors is not tested during random testing.Employees are subjected to random exams, which are probably inspections of their physical conditions to determine whether they are drug users and how their bodies have been impacted by drugs to the point where they are unable to perform their regular jobs.
Employees who are discovered to be using illicit drugs receive warnings and are fired from their positions.Any unannounced, without prior notice chemical screening for the presence of typically illicit narcotics in a sample of one's blood, hair, or urine is known as a "random drug test."Being unexpected and without prior notice, it is random. This is done to weed out workers who use heavy drugs, which frequently renders them ineffective or ineligible for employment.
To know more about drug- testing visit:
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Answer:
b. equivalent units of output.
Explanation:
In the production process there are various kind of inventory, that is raw material inventory, work in process and then the finished inventory.
Thus, there is this equivalent units concepts which calculates the completed units that would have been produced in case of no work in process.
Thus, when we use FIFO method and we want to calculate the unit cost of materials assuming inventory of raw material is also added in stages rather than completely adding it as a first step itself, the correct equation = Total cost of materials/equivalent units of output.
The correct answer is option B - COLLEGE PROFESSORS. The Academia is a brilliant source of free marketing data, and they are very knowledgeable and well-informed. However, the academia is often neglected because entrepreneurs usually ignore and/or overlook them
