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fredd [130]
3 years ago
5

Keith has won the lottery and now has more money than he ever dreamed of having. this incident will likely affect keith's develo

pment and is an example of a:
Business
1 answer:
Alexxandr [17]3 years ago
8 0
<span>This is an example of "Non-normative life event".


Non-normative life events refers to those events that happen surprisingly, for example, catastrophic events, loss of a relative and war or winning a lottery which is unexpected. Indeed, even in cases that passing or sickness, in particular ages, are factually viewed as regularizing, they are really non-regulating. They are as yet startling and undesired occasions, related with serious impacts. Non-normative events might be included both negative and positive occasions, for example, passing of a darling individual or winning in a lottery. Be that as it may, in the two cases, they are unexpected and slightly related to chronological age.</span>
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*LOOK AT THE PHOTO PLEASE*<br> The goal of giving the debtor a fresh start is accomplished through
RSB [31]
<span>The goal of giving the debtor a fresh start is accomplished through</span><span> releasing debtors from personal liability for specific debts and protecting them from collection efforts.</span>
3 0
3 years ago
From the information given below construct a cash budget for five months period starting form May 20X1 till September. MONTH AND
Alenkinab [10]

Answer:

Cash Surplus  May   $83,300   June    $  61,600   July    $33,000  

Aug  $25,500        Sept $  3650

Explanation:

MONTH AND YEAR          PROJECTED SALES        FIRST MONTH      

                                                                                   COLLECTIONS (80%)

April 20X1                               $ 140,000                   112,000

May 20X1                                 130,000                      104,000

June 20X1                                90,000                        72,000

July 20X1                                  65,000                         52,000

August 20X1                            84,000                         67,200

September 20X1                      95,000                          76,000

October 20X1                          160,000                         128,000  

November 20X1                      200,000                        160,000

December 20X1                       240,000                       192,000

January 20X2                            190,000                      152,000  

<u><em>First we find the monthly cash collections 80 % in the month of sales , 10% in the second month , 5% in the third and 5 % in the fourth . We have summed them up in the following table.</em></u>

Sales Collections

                          MAY        JUNE      JULY        AUGUST         SEPT

Particulars

1st Month         104,000     72,000     52,000   67,000      76,000

Collections

2nd Month      14,000       13,000       9000      6500         8400

3rd Month                         7000         6500       4500         3250

<u>4th Month                                            7000      6500         4500</u>

Total

Collections       118,000      92,000    74,500    84,500      92,150

<u><em>Now we prepare the cash budget deducting payments from collections and maintaining beginning and ending balance.</em></u>

<u>Cash Budget</u>

                    <u>  MAY        JUNE      JULY        AUGUST         SEPT</u>

<em>Particulars</em>

Opening          10,000     10,000     10,000      10,000        10,000

Add Total

Collections       118,000      92,000    74,500    84,500      92,150

Less Closing    10,000        10,000       10,000      10,000      10,000

<u>Less Payments34,700        30,400     41,500      59,000       88,500 </u>

<u> Cash Surplus    83,300        61,600     33,000   25,500       3650</u>

<u />

4 0
2 years ago
Started businesse with cash rs 5000 and bank balance rs 10000​
notka56 [123]

Answer:

maybe he earned 5000 more

Explanation:

5000+5000=10000

8 0
2 years ago
The knowledge that employees can typically learn only through experience is called:
SpyIntel [72]
The knowledge that employees can typically learn only through experience is called Tacit knowledge. Unlike Explicit knowledge, Tacit knowledge is not easily communicated Often very difficult to explain how/why you have this knowledge.Explicit knowledge is relatively easily communicated knowledge; the kind of information you are likely to think about when you picture someone sitting down at a desk to learn. 
5 0
3 years ago
Shidan Apartments purchased an apartment building to rent to university students on November 18, 2017. The following costs were
Masteriza [31]

Answer:

$351,000

Explanation:

The computation of the amount of an asset is as follows;

Purchase price of the building $220,000

Purchase price of the land $100,000

Transfer taxes $10,000

Attorney and real estate agent's fees $15,000

Repave the parking lot $6,000

Cost of apartment $351,000

hence, the cost of an apartment is $351,000

3 0
2 years ago
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