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Georgia [21]
4 years ago
13

Lawrence Masters submitted his business plan to a potential investor, but was disappointed when he was quickly turned down. Chan

ces are, Lawrence failed to capture the investor's attention because of a poorly written
A.financial plan.
B.overview.
C.profit projection.
D.business outline.
Business
2 answers:
algol [13]4 years ago
6 0

The correct answer is B. overview

Took the test and got it correct

mixas84 [53]4 years ago
4 0
The correct answer would be the overview. It is because in order for potential investors to accept the business plan, it is always best to provide a better and more understandable overview in which it will provide them the information they needed and as to why they should sign the contract with you or how can they accept the business plan.
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Exercise 14-37 Special Order (LO 14-4, 14-5) [The following information applies to the questions displayed below.] Intercontinen
FromTheMoon [43]

Answer:

the relevant cost will also include the differential cost for taking the order as it is related to the order being taken or not.

Explanation:

The product is regularly used therefore, it will be sold in the future.

addtional inventory cost:

6,600 x (9.80 - 9.40) = 2,640

Cost of good sold

1,300 x 9.20              = 11,960

<u><em>Total cost for the order 14,600</em></u>

5 0
4 years ago
When preparing journal entries, the account titles are selected using either the dropdown menu (if available) or by keying in th
Ira Lisetskai [31]

Answer:

True

Explanation:

The journal entries are the recording of the transactions in which the one account is debited and another account is credited along with the description and the date.

If we take the example.

Rent is paid for cash for $10,000

So, the journal entry would be

Rent expense A/c Dr $10,000

      To Cash A/c $10,000

(Being rent is paid for cash is recorded)

So, the given statement is true

6 0
3 years ago
On November 1, 2021, Aviation Training Corp. borrows $46,000 cash from Community Savings and Loan. Aviation Training signs a thr
emmainna [20.7K]

Answer:

<u>Record the issuance of note. </u>

November 1, 2021

Dr.   Cash                   46000

Cr.   Note Payable     46000

<u>Record the adjustment for interest.</u>

December 31, 2021

Dr.   Interest Expense    460

Cr.   Interest Payable     460

(46000*6%)*3/12 = 460

<u>Record the repayment of the note at maturity</u>

Dr.   Note Payable     46000

Dr.   Interest Payable     460

Dr.   Interest Expense    230

Cr.   Cash                    46,690

(46000*6%)*1/12 = 230

Explanation:

* At the year end the interest expense is accrued and recorded as interest payable.

4 0
3 years ago
When it is a means of paying for goods and services and discharging debts, money is referred to as a?
aksik [14]
I think my answer is an asset fund because it is a means of paying for goods
7 0
4 years ago
Standard Product Cost, Direct Materials Variance Condiments Company uses standards to control its materials costs. Assume that a
SVETLANKA909090 [29]

Answer:

Standard unit materials cost per pound=$1.11 per pound

Explanation:

The standard material cost for a standard batch = Total material cost / standard qty (in pounds)

Total material cost = (3,800× $0.46) + (210×  2.80) (84×2.60)=$2554.4

Total standard quantity  = 2,300 pounds

Standard unit materials cost per pound =$2554.4/ 2,300 pounds=$1.11 per pounds

standard unit materials cost per pound=$1.11 per pound

8 0
3 years ago
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