1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelechka [254]
3 years ago
10

Which of the following statements about private club

Business
1 answer:
algol [13]3 years ago
4 0

Answer:

D: Guests must pay for any alcoholic beverages

they consume.

Explanation:

Guests in any establishment are expected to pay for any alcoholic beverages they consume. A private club is not necessary a profit-making venture, but a social or networking establishment. Membership to a private club is restricted. Members usually pay a membership to join and a regular subscription fee.

The club purchases foods and drinks served in its premises. The food and beverages are sold to members at fair prices. Members are required to pay for what they consume. Many clubs do not charge a service fee as it is catered for in the recurring subscription fees.

You might be interested in
Preparing a Schedule of Cash Collections on Accounts Receivable Kailua and Company is a legal services firm. All sales of legal
VMariaS [17]

Answer: $81,060 in August and $80,850 in September

Explanation: Please find attached a table.

August 86,800 17,360 38,500 25,200 81,060

September 91,000 18,200 43,400 19,250 80,850

8 0
3 years ago
To respond to the structure of its industry, an organization should choose a __________.
Usimov [2.4K]
To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy
8 0
3 years ago
The income statement shows the difference between a firm's income and its costs--i.e., its profits--during a specified period of
Aloiza [94]

Answer:

True.

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.

The cash flow from operating activities is generally more than the net income after taxes.

The cash flow from operating activities includes only the cash transactions relating to the operations of the business. It ignores the non-cash transactions. On the other hand, net income is derived after deducting all the expenses (paid or unpaid) from the revenue earned, pertaining to a particular period.

Example: Depreciation expense is a non-cash transaction. It is treated as follows:

While calculating cash flow from operating activities, depreciation expense is ignored (added back to the net income) as it is a non-cash transaction.

On the other hand, depreciation expense pertaining to the accounting period is deducted from revenue to calculate net income after taxes.

Thus, the cash flow from operations is generally more than the net income after taxes.

5 0
3 years ago
Determine your targetarket​
mart [117]

Answer:

A target market refers to a group of customers to whom a company wants to sell its products and services, and to whom it directs its marketing efforts. Consumers who make up a target market share similar characteristics including geography, buying power, demographics, and incomes.

Hope it helps ya!. Please give me brainliest! ☞︎︎︎☜︎︎︎ thank you!

☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎

7 0
2 years ago
Trey owns 250 shares of common stock in a toy–store company. this means that he owns a percentage of the company based on the pr
madreJ [45]
Vote is the correct answer
4 0
3 years ago
Other questions:
  • A zero coupon bond: is sold at a large premium. can only be issued by the U.S. Treasury. has a market price that is computed usi
    6·1 answer
  • How would you compare and contrast between employee rights and employment at will
    9·1 answer
  • Stevens Company's inventory on March 1 and the costs charged to Work in Process—Department B during March are as follows:
    10·1 answer
  • Which of the following is true of work?
    5·1 answer
  • Sandy is trying to reconstruct her spending pattern from July. She knows that she had $277 in her account on July 1, but after t
    13·2 answers
  • Chris has three options for settling an insurance claim. Option A will provide $1,500 a month for 6 years. Option B will pay $1,
    8·1 answer
  • Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1.200 at poker. Also this year
    5·1 answer
  • Globalization increases the interdependency of the world's countries. Inflation in one country would most likely
    8·1 answer
  • Better Corp. (BC) began operations on January 1, Year 1. During Year 1, BC experienced the following accounting events: 1. Acqui
    8·1 answer
  • If a company selects either of Project 1 or Project 2 (or both), then either Project 3 or Project 4 (or both) must also be selec
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!