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3 years ago

What steps are recommended for creating a successful person budget?

2 answers:

8 0

1. List your expenses
2. Separate your wants and needs
3. Make sure your expectations are realistic
4. Consider buying budgeting software
5. Get your family on board
I hope this helps :)

Fudgin [204]3 years ago

3 0

1. Calculate expenses

2. Determine your income

3. Set savings and debt payoff goals

4. Record spending and track progress

5. Be realistic

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An individual stockholder is entitled to receive any dividends declared on stock owned, provided the stock is held on the date o

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3 years ago

Which of the following questions would be permissible to ask during an interview with a candidate who is in a wheelchair?

faust18 [17]

Answer:

Explanation:

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3 years ago

Which economic policy was most successful during the Great Depression?

pychu [463]

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3 years ago

Cheyenne Corp. had the following transactions that took place during the year:I.Recorded credit sales of $2250II.Collected $1350

Degger [83]

Answer:

The correct option is d) Decrease.

Explanation:

Free cash flow (FCF) can be described as the cash that is generated by a company after cash outflows required to support operations and maintain the capital assets of the company have been accounted for.

Therefore, FCF can be calculated by adjusting for non-cash expenses, changes in working capital, and capital expenditures to reconcile net income.

The total effect of these transactions on free cash flow can be determined by first calculating the account receivable for the year as follows:

Calculation of account receivable for the year:

Particular Amount ($)

Credit sales 2,250

Cash collected from the customer (1,350)

Sales returns (450)

Account receivable  450 

A partial free cash flow statement can therefore be prepared as follows:

Cheyenne Corp.

Free cash flow statement (Partial)

Particular Amount ($)

Net income xx

(Increase) decrease in non-cash current assets:

Increase in account receivable (450)

Free cash flow  (450) 

Since the free cash flow is negative or minus $450, it therefore implies that the total effect of these transactions on free cash flow is a decrease.

Therefore, the correct option is d) Decrease.

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3 years ago