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3 years ago

Danita needs urgent financing to pay her suppliers and pay the wages for her workers. What type of capital does she need?

Business

2 answers:

snow_lady [41]3 years ago

8 0

the type of capital she needs is the same amount of income.

Ivenika [448]3 years ago

8 0

Answer:

A bank loan is a contract between you and a bank, where you get a loan now and promise to pay the bank in the future, plus interest.

Explanation:

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Which of the following describe the product in the marketing mix?

Elza [17]

Answer:

Explanation:

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3 years ago

Read 2 more answers

Packard Corporation reports the following information: Net cash provided by operating activities $335,000 Average current liabil

Molodets [167]

Answer:

$165,000

Explanation:

Free cash flow is the net cash cash flow available for the shareholders or for the reinvestment after paying all capital expenditure.

The Depreciation is already adjusted in the Cash Flow from operating activities.

Free Cash Flow = Cash Flow from operating activities - Dividend payment - Capital expenditure

Free Cash Flow = $335,000 - $60,000 - $110,000 = $165,000

Current and Long term liabilities has nothing to do in free cash flow calculations.

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2 years ago

Key activities of supply management include negotiations, logistics, contract development and administration, inventory control

Archy [21]

The answer is true.

Supply management is one of the pillars of marketing. Supply management includes logistics, acquiring and managing resources either goods or services which are needed to run the organization. 
The main goals of the supply management are:

- Control costs
- Efficient allocation of resources
- Gathering sufficient information to be used in strategic business decisions.

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3 years ago

Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1

yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue $30,400

Expenses 13,800

Net Income $16,600

Dividends (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense (13,800)

Cash dividend (2,100)

Cash balance $14,500

5 0

2 years ago

Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has alw

svetoff [14.1K]

Answer:

Results are below.

Explanation:

Giving the following information:

Estimated Value Actual Value

Manufacturing overhead cost $732,000 $842,000

Direct labor hours 14,640 hours 16,600 hours

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 732,000 / 14,640

Predetermined manufacturing overhead rate= $50 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 50*16,600

Allocated MOH= $830,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 842,000 - 830,000

Underapplied overhead= $12,000

8 0

3 years ago