Answer: $54,000
Explanation:
Referring to the data regarding store operation given above, difference between cash receipt and cash disbursement for December could be calculated as follows;
December Cash receipt = (340,000*20%+320,000*80%) = 324,000
November Purchases = (340,000 × 75%)+(320,000 × 75% × 60%) - 153,000 = 246,000
December Cash payment = 246,000 +240,000 = 270,000
The difference between cash receipts and cash disbursement for December = 324,000 - 270,000 = 54,000
Small businesses are actually the major engine of the economy, especially
now that much of our manufacturing jobs have moved overseas, so they
play a crucial role in employment.
Answer:
Roth ira
Explanation:
Because you are sort of young, you should invest into a roth ira, because there are retirement tax breaks put on it, plus in an smp 500 account it will grow with the market at about 8% interest per year on average. this is good, because it is pretty much guaranteed growth. that will double the amount of money for 5 or 6 times over creating a nice retirement fund for your old age, but honestly there are other strategies, this is just for sticking money in the ground and forgetting about it, letting it grow for you. low risk, and relatively high reward after a long period of time.
hope this helps
Answer:
$21.42
Explanation:
The computation of fixed component in the predetermined overhead rate is shown below:-
Fixed component in the predetermined overhead rate = Fixed Overhead ÷ Machine Hours
= $87,822 ÷ 4,100
= $21.42
Therefore for computing the fixed component in the predetermined overhead rate we simply divide the fixed overhead by machine hours.
And all the other information i.e given is not relevant. Hence, ignored it
I may be wrong but I believe it’s false
