Answer: The total expected cash receipts during March is $232000.
Explanation:
Given that,
Budgeted sales in January = $210000
Budgeted sales in February = $260000
Budgeted sales in March = $220000
40% of sales are for cash and rest 60% are on credit
Total cash receipts during march = cash sales in the month of march + Credit sales in the month of February + Credit sales in the month of march
= 40% of 220000 + 260000 × 60% × 50% + 220000 × 60% × 50%
= 88000+78000+66000
= $232000
Therefore, the total expected cash receipts during March is $232000.
The answer is true. A stock is a broad phrase that refers to any company's ownership certificates. A share, on the other hand, refers to a company's stock certificate.
You become a shareholder if you own a share of a specific corporation. Stocks are classified into two types: common and preferred. When you purchase stock in a corporation, you become a part-ownership of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company. Investing in stocks is fundamentally about accumulating and growing wealth. The most basic suggestion for traders on how to invest money in the stock market is 'buy cheap, sell high.'
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Answer:
Emergency fund.
Explanation:
Emergency funds are money that we keep on hand in case of unforeseen events. It may cover car repairs, unforeseen buying, medical bills and so on.
It is important to hold some emergency funds so as to avoid being stranded with no access touch needed resources.
Also emergency funds can be saved over time in case of job loss, having some back-up funds to use in the meantime will be a wise strategy.
Answer:
True
Explanation:
You should always treat others the way you want to be treated. If you were the one who could be treated badly, would your actions be different?
The answer to the question is Semiannually
This means that a final Incident Response plan should be tested a minimum of two times every year by performing a structured walk-through test at least, and when possible, perform a more realistic type of test.