I know you need income statements, tax returns, and a credit check. I just went through this. First, they run your credit with a "soft pull". Then they request income verification to figure out your debt to income ratio and what you can afford/qualify for. Then they want to see your tax returns to prove that income, and how long you've had it.
Answer: False
Explanation:
The above statement that network marketing sales system works by recruiting independent businesspeople who act as distributors is wrong.
It is the multilevel marketing sales system works by recruiting independent businesspeople who then act as distributors.
Answer:
$415,000
Explanation:
Following is the formula for cash flow:
<em>Ending Cash Balance = CFO + CFI + CFF + Beginning Cash Balance</em>
<em>CFO = Cash flow from operating activities</em>
<em>CFI = Cash flow from investing activities</em>
<em>CFF = Cash flow from financing activities</em>
We can easily rearrange the formula to find CFO
<em>Ending Cash Balance - CFI - CFF - Beginning Cash Balance = CFO </em>
<em>or </em>
<em>CFO = Ending Cash Balance - CFI - CFF - Beginning Cash Balance</em>
<u>Solution</u>
<em>CFO = $415,000</em>
Answer:
18,500 WIP balance at September 30th
Explanation:
Job A3B
3,500 direct materials
5,000 direct labor
10,000 Overhead (200% of labor = 5000 x 200%)
18,500 WIP balance at September 30th
The cost added during October will be part of October calculation, on September we should work with September values.
Answer:
Parts of Email:
Part 2 of the email is part of Introduction and Details as explained below.
Explanation:
Emails can be divided into six major components:
1. Subject Line: Proposed Agenda for November 6 Meeting
2. Greeting: Dear Ms. Stanford
3. Intro/Purpose: Please review the following agenda for our next shareholder meeting and recommend any changes.
4. Details: Agenda for our next shareholder meeting
• Rising stock prices
• Discussion of new investors
• Portfolios and new funding
• Introduction of new vice-president
5. Ask/Action: Please send any changes to the agenda to me by 3:00 p.m., November 3.
6.Closing/Sign-off: Many thanks, Thomas Thomas Gregory Financial Analyst Office: 854.454.4356 Fax: 435.458.9738 Cell: 834.435.8490
