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3 years ago

Which reasons can be fixed by having a money plan?

Business

1 answer:

enyata [817]3 years ago

8 0

Answer:

The given question relates to budgeting. In simple words, budgeting helps one to set up a saving schedule for thier finances, it means that people still have sufficient funds for the items they need and activities which are valuable to them. The expenditure or savings strategy will either keep you free of trouble or assist you get this out of debt if you're already in debt.

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Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM

Step2247 [10]

Answer:

Total cash receipts in October = $137,300

Total cash receipts in November = $120,825

Total cash receipts in December = $164,925

Explanation:

As per the data given in the question,

Total cash receipts in October = Cash sales in October + September sales collection in October + October sales collection in October

= $108,000 × 30% + $86,000 + $108,000 ×70% × 25%

= $137,300

Total cash receipt in November = Cash sales in November + October sales collection in November + November sales collection in November

= $135,000 × 30% + $108,000 × 70% × 75% + $135,000 × 70% × 25%

= $120,825

Total cash receipt in December = Cash sales in December + November sales collected in December + December sales collected in December

= $198,000×30% + $135,000 × 70% × 75% + $198,000 × 70% × 25%

= $164,925

5 0

4 years ago

You are employed by Company A, which makes motorcycles. You have been asked to write a brief report (following a report format)

masha68 [24]

we can get that fr you

Explanation:

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7 0

3 years ago

During the formation of a business, it is decided that an S-Corporation will be used. Of the following choices, which are key co

irina1246 [14]

Answer:

Protected assets:.

Pass-through taxation:

Tax-favorable characterization of income:

Straightforward transfer of ownership:

Cash method of accounting

Heightened Credibility:

Explanation:

The advantage S-Corporation have over all other forms of businesses is as follows:

Protected assets:. An S corporation protects the personal assets of its shareholders.

Pass-through taxation:An S corporation does not pay federal taxes at the corporate level. It is of benefit to businesses starting from inception

Tax-favorable characterization of income:S corporation shareholders can be employees and be paid as employees. They can also receive dividends from the corporation and distributions that are tax-free to the magnitude of their investment in the corporation

Seemless transfer of ownership: Ownership can be freely transferred to people legally

Cash method of accounting: They don't have to use the accrual method of accounting while other Corporations use that(except for small businesses)

Heightened Credibility: It helps to establish a strong credibility with business partners, employees, vendors

7 0

4 years ago

Experts estimate that the average cost of a single B2B sales call is about _______, according to your text.

vichka [17]

Answer: $400

Explanation:

Business to business, known as B2B are forms of transaction between businesses, which could likely be a wholesaler and retailer or the manufacturer and wholesaler. It's estimated that a B2B sales cost $400

8 0

3 years ago

Generally, ____ indicate(s) the size of a firm relative to their sector. Group of answer choices sector ratios market share rati

ruslelena [56]

Answer:

b. Market share ratio

Explanation:

When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.

The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.

4 0

3 years ago