<span>Don't invest in stock, period. Look up Options....Options are successful in a bearish and bullish market. As opposed to stocks are only in bullish markets. NEVER go in it for the long haul! Plain and simple.</span>
Answer:
True
Explanation:
Small Business face different operational and managerial circumstances compared to <em>established</em> business.
Off-the-shelf accounting software may not be consistent with these circumstances rendering it cumbersome or unsuitable.
Thus a customized accounting software is most suitable to meet the needs for small businesses
The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.
Given that,
Savings desired = $1500
Monthly expenses = $600
Let money earned by her every hour be ![x](https://tex.z-dn.net/?f=x)
No. of scheduled work hours
![80](https://tex.z-dn.net/?f=80)
So,
Total money earned for the month
× ![x](https://tex.z-dn.net/?f=x)
![= 80x](https://tex.z-dn.net/?f=%3D%2080x)
As we know,
Money left = Total money earned - expenses
-
...(i)
A.T.Q.
Money left must be = $1500
Then, by putting the variables in equation (i), we get
![80x - 600 = 1500](https://tex.z-dn.net/?f=80x%20-%20600%20%3D%201500)
Now, solving for ![x](https://tex.z-dn.net/?f=x)
![80x - 600 = 1500](https://tex.z-dn.net/?f=80x%20-%20600%20%3D%201500)
![+600 = + 600](https://tex.z-dn.net/?f=%2B600%20%3D%20%2B%20600)
_______________
![80x = 2100](https://tex.z-dn.net/?f=80x%20%3D%202100)
![x = 2100/80](https://tex.z-dn.net/?f=x%20%3D%202100%2F80)
∵ ![x = 26.25](https://tex.z-dn.net/?f=x%20%3D%2026.25)
Thus, the required sales are $
per hour or (
×
= $2100) for the month of September.
Learn more about 'savings' here:
brainly.com/question/18051939
Answer:
b. Prestopino had negative net income in the current year
Explanation:
Retained earnings at the end of previous year were $700,000, but retained earnings at the end of current year had declined to $320,000.
• The company does not pay dividends.
• The company's depreciation expense is its only non-cash expense; it has no amortization charges.
• The company has no non-cash revenues.
• The company's net cash flow (NCF) for current year was $150,000.
On the basis of this information, which of the following statements is CORRECT? Prestopino had negative net income in the current year
Prestopino DECPRECIATION expense in the current year was less than $150,000 and Prestopino had postive net income in the currnet year however, this income was less than it was in the previous year income.
Prestopino NCF in the current year must be higher than its NCF in the previous year and it cash on the balance at the end of the year must be lower than the cash it had on the balance sheet at the end of previous year
Revenue = $752,800
Cost of goods sold = $301,800
To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000
The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had.