Answer: From the Company Menu, select Planning & Budgeting > Set Up Budgets
Explanation:
Quickbooks is a very popular and effective accounting software that is mainly used by Small to Medium Scale Businesses to manage their Accounting affairs with its myriad of functions including on-premises and online cloud functions for ease of operations.
When setting up a new budget with Quickbooks, from the <em>Company menu</em>, click on <em>Planning and Budgeting</em> and then click on <em>Set Up Budgets</em>. After that you should click on <em>Create New Budget</em> and then continue from there.
Answer:
Co-ordinate shipping with the supplier.
Explanation:
A purchase order is a document from a customer to the business entity, instructing them to supply the customer with the goods specified in the document. By sending out the purchase order, Lola has given instructions to be supplied with the specified goods.
Lola should prepare to receive the goods from the supplier. She should contact the supplier and make arrangements on how the goods will be delivered.
Answer:
$1,615,000
Explanation:
total revenue for the year can be calculated by adding retained earnings (at end of the year) + distributed dividends + total expenses - retained earnings (at the beginning of the year)
total revenue = $350,000 + $90,000 + $1,500,000 - $325,000 = $1,615,000
Answer:
D. Increase; increase
Explanation:
Exchange rate is defined as the amount of one currency that can be exchanged for another currency at a particular time.
Demand and supply affects exchange rates of currencies.
Currencies that are in more demand tend to have higher exchange rates, while those with low demand will have low exchange rate.
In this instance an increase in preference for US goods will cause an increased demand for dollars. The dollar becomes stronger against the Peso.
It will take more pesos to purchase the dollar, so equillibrum exchange rate of peso to dollar will increase.
Answer:
Policies consistent with the goal of increasing productivity and growth in developing countries are:
1. Protecting property rights and enforcing contracts
2. Providing tax breaks and patents for firms that pursue research and development in health and sciences
Explanation:
To increase productivity and growth in developing countries, it is important that developing countries enhance the mechanisms for protecting property rights and enforcing contracts. These are the bases for attracting more foreign direct investments. The court system should be a system where justice is obtained and a system which can enforce the rights of individuals to own property. Without this basic ingredient, foreign direct investments will be hard to attract.