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2 years ago

Start business 10500 with cash

Business

1 answer:

vlabodo [156]2 years ago

7 0

If you have anything you want to sell, you can setup an online business on eBay or Amazon for a monthly subscription for as little as $20/month.

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In its first month of operations, Cheyenne Corp. made three purchases of merchandise in the following sequence: (1) 185 units at

Dimas [21]

Answer:

a. $1,375

b. $1,240

Explanation:

FIFO method

FIFO assumes that the inventory to arrive first will be sold first. Inventory values depend on earlier purchases

Inventory = 185 x $5 + 75 x $6

= $1,375

LIFO method

LIFO assumes that the inventory to arrive last will be sold first. Inventory values depend on recent purchases

Inventory = 130 x $7 + 55 x $6

= $1,240

7 0

3 years ago

Baltimore Baking is preparing its cash budget and expects to have sales of $30,000 in January, $35,000 in February, and $35,000

Tcecarenko [31]

Answer:

The correct answer is $33,000.

Explanation:

According to the scenario, the given data are as follows:

Jan sales = $30,000

So, Amount collected in March of Jan. = 40% x $30,000 = $12,000

Feb sales = $35,000

So, Amount collected in March of Feb. = 40% x $35,000 = $14,000

Mar. sales = $35,000

So, March cash sales = 20% x $35,000 = $7,000

So, we can calculate the total cash receipts in march by using following formula:

Total cash receipts in march = Amount collected in March of Jan + Amount collected in March of Feb + March cash sales

= $12,000 + $14,000+ $7,000

= $33,000

6 0

2 years ago

Match the definitions to the words by filling in the correct letter. a. desire for pleasure b. belief that something might be tr

Ahat [919]

Answer: In the answer I was able to match each sentence to the particular word they describe:

a. A desire for pleasure is VOLUPTUOUSNESS.

b. To belief that something might be true even though it cannot be confirmed is to SURMISE.

c. An extremely large number is a MYRIAD.

d. To pay a cost or expense is to DEFRAY.

e. A barren, open country covered with small shrubs is a HEATH.

3 0

3 years ago

What accounts are closed during the closing process? Please answer in complete sentences

jenyasd209 [6]

Answer:

Brainliest pls

Explanation:

Just income, cost, and profit accounts are shut not a resource, responsibility, Common Stock, or Retained Earnings accounts. The four fundamental stages in the end interaction are: Closing the income accounts-moving the credit adjusts in the income records to a clearing account called Income Summary.

4 0

1 year ago

Read 2 more answers

The management at Slick Automotive has replaced their outdated marketing approach with an approach that emphasizes relationship

matrenka [14]

Answer:

FALSE

Explanation:

Relationship marketing refers to the technique aimed at promoting customer relationships, communication and lengthy-term commitment. It is intended to build good consumer relationships by presenting them with knowledge that is specifically tailored to specific needs and requirements, and by enabling open lines of communication.

Thus, from the above we can conclude that the given statement is false as the company will focus on all of its customers under such strategy.

6 0

2 years ago