1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lana [24]
4 years ago
7

Naomi is preparing the company’s cash budget. when preparing the cash receipts section, she included cash sales, receipts of int

erest, receipts of dividends, and proceeds from planned sales of plant assets. what error did naomi make? will cash receipts be too high or too low as a result of this m
Business
1 answer:
sergij07 [2.7K]4 years ago
6 0

The error of Naomi is that she included the receipts of interest, receipts of dividends, and proceeds from planned sales of plant assets in the cash receipts section. This section would only include the cash sales and collection of accounts receivable with the forecasted sales per month of the company. As a result of this error, the cash receipts would be too high. 

You might be interested in
Take it and go................................
Galina-37 [17]

Answer:

bet thx man your really helping me after i lost my account

Explanation:

gg's

8 0
3 years ago
Read 2 more answers
Acme Solutions often hires Nicco to train its employees. He is paid $300 for every session. Hisjob also requires him to travel o
RUDIKE [14]

Nicco is mostly like an independent contractor for Acme Solutions.

Explanation:

An independent contractor is a licensed person or organization for the other unemployed to complete the work for and would offer services.

Independent contractors are termed sole owners or Limited Liability Companies (LLCs) of single members in the United States of America.

If you are profiting or benefiting from rental homes, you will record your income and expenses under Schedule C of Form 1040 or Schedule E. In addition, self-employment charges are to be submitted to the IRS, normally on the basis of Form 1040-ES every three months.

7 0
3 years ago
Ptarmigan Company produces two products. Product A has a contribution margin of $85.80 and requires 11 machine hours. Product B
natali 33 [55]

Answer:

Product A $7.80

Explanation:

Calculation to Determine the most profitable product assuming the machine hours are the constraint.

PRODUCT A PRODUCT B

Contribution margin per unit $85.80 $107.80

÷Machine hours 11 14

=Contribution margin per bottle neck hour

$7.80 $7.70

Based on the above calculation Product A is the most profitable because product A profit Amount of $7.80 is higher than that of product B.

8 0
3 years ago
How do you start an organization? ​
Zielflug [23.3K]

For a Profit Organization:

1. Select the best business structure which favors you in taxes and protect. Such as corporation, limited liability company, sole proprietorship, general partnership, limited partnerships or a professional incorporation.

2. Decide the name you want to use to advertise your business.

3. Register company name with the state, county and the federal if applicable.

4. Check licensing requirements with the city county, city, state and federal.

5. Open a bank account

6. Advertising and Marketing

For a Non Profit Organization:

1. There are two types of non profit organizations religious and good cause.

2. It has to be registered wither with the state or county, depending upon the structure and the state you want to incorporate.

3. Apply with the federal to obtain a tax exempt status, so that your donors can claim donations on their tax returns.

4. Open a bank account

5. Delegate duties what you have mentioned in the article you submitted to the Internal Revenue Service.

8 0
3 years ago
(16-25) more questions:)
lys-0071 [83]

Answer:

16. d?

17. probably b

18. a

19. hmmmmmmmmmm c?

20. b

21. d

22. d

23. c

24. c

25. a

Explanation:

Should all be right? a few im iffy on.... it's been a while

8 0
3 years ago
Other questions:
  • As discussed in the narrated power point presentation on groups and teams, _____________ is one of the most important advantages
    13·1 answer
  • What are basic features of Usenet groups?
    7·1 answer
  • Martinez Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the pl
    9·1 answer
  • Tim's employer offers him the option to buy 200 shares of the company for $250 a share. If the company has issued 40,000 shares,
    9·1 answer
  • Enclosed with the bank statement received by Matthew Company at August 31 was an NSF check for $2,012. No entry has yet been mad
    12·1 answer
  • Jack broke into the Acme Liquor Store. He took $600 in cash. The police arrested him and he was convicted for this crime. The pe
    11·1 answer
  • The total cost of direct materials, direct labor, and factory overhead transferred from the Work-in-Process Inventory account to
    6·1 answer
  • Suppose a week after you get this report from your research department, you hear on the news that Colombia and Vietnam are going
    7·1 answer
  • On May 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Oceanside Realty:
    15·1 answer
  • Current information for the Healey Company follows:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!