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1 year ago

What is money used by a business for a certain venture or initiative

1 answer:

7 0

A business will employ seed capital to fund a specific project or activity. It is the capital raised to start working on a new product or business idea.

<h3>What kind of capital is invested in a business?</h3>

The money a company has on hand to cover both its ongoing expenses and potential future expansion is known as capital. Working capital, debt, equity, and trade capital are the four main types of financial resources.

<h3>What kind of business venture capital is that?</h3>

Venture Capital (VC) is a term used to describe funding given by investors to start-up or small businesses that have a high potential for growth. A venture capital fund is a type of private equity funded by institutional and private investors, including investment banks, insurance providers, and pension funds.

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Stone Culture Corporation was organized on January 1, 2017. For its first two years of operations, it reported the following:

HACTEHA [7]

Answer:

Statement of retained earnings

For the year ended 2017

Retained earnings, January 1, 2017 $0

Add: Net Income $54,000

Less: Dividends $<u>22,000</u>

Retained earnings, December 31, 2017 <u>$32,000</u>

Statement of retained earnings

For the year ended 2018

Retained earnings, January 1, 2018 $0

Add: Net Income $59,000

Less: Dividends <u>$34,000</u>

Retained earnings, December 31, 2018 <u>$25,000</u>

7 0

3 years ago

Your company has sales of $ 93,600 this year and cost of goods sold of $ 64,700. You forecast sales to increase to $ 117, 400 ne

Gre4nikov [31]

Answer:

COGS= $81,146.88

Explanation:

Giving the following information:

Your company has sales of $93,600 this year and the cost of goods sold of $64,700. You forecast sales to increase to $ 117, 400 next year.

First, we need to calculate the percentual participation of cost of goods sold:

%COGS= 64,700/93,600= 0.6912= 69.12%

<u>Now, using the same percentage, we calculate the cost of goods sold for the estimated new sales:</u>

COGS= 117,400*0.6912= $81,146.88

3 0

3 years ago

Harrelson Company manufactures pizza sauce through two production departments: Cooking and Canning. In each process, materials a

riadik2000 [5.3K]

Solution:

Instructions Journalize the April transactions:

Date Account Titles and Explanation

4/30 Work in Process—Cooking

Work in Process—Canning

Raw Materials Inventory

4/30 Work in Process—Cooking

Work in Process—Canning

Factory Labor

4/30 Work in Process—Cooking

Work in Process—Canning

Manufacturing Overhead

4/30 Work in Process—Canning

Work in Process—Cooking

Cooking and out the debits

Debit Credit

22,800

10,900 33,700

9,400

7,230 16,630

33,800

28,100 61,900

55,900

6 0

3 years ago

Which of the following statements about the relationship between the financial market and the economy is true?

azamat

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

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4 years ago

Read 2 more answers

What is the safest way to dispose of old bank account statements?

zheka24 [161]

Soaking the documents in water after tearing them up words well, burning them is less safe, but is the safest for your records, always tear or shred them no matter what

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3 years ago