Answer:
Explained.
Explanation:
Joe being the lead accountant for his company so, he prepares the financial reports.
Joe made mistakes in financial report making his manager angry because the resources at the Joe's company are limited and financial report that are timely and reliable would have helped the company to attract some financial investment.
Answer:
The summary including its perceived task is demonstrated in the following segment on the interpretation.
Explanation:
- The further you pay, then you pass up to make a change from generating income. This would be called opportunity cost since taking a short break is losing the chance to go somewhere else (i.e. gain further extra cash).
- This is much less the continuation of something like a withheld opportunity than that of the recovery on the alternative you picked.
<span>Agatha
is starting a small jewelry design business called "budget beads and
baubles," and she plans to design jewelry that is aimed at teens and
young adults. agatha's target market is based on demographic factors.
Demographic factors are </span>s<span>ocioeconomic characteristics of a population
expressed statistically, such as age, sex, education level, income
level, marital status, occupation, religion, birth rate, death rate,
average size of a family, average age at marriage.</span>
Answer:
Cash Receipt Budget
Cash receipt budget shows the sales of cash and credit. It also shows the frequency of the payment of credit sales by the customer.
5% of noncollectable will not be recorded in the cash receipt. Calculate GS's scheduled cash receipts for the month of September as shown below:
GS Cash receipt Budget For September month
Sales = $170,000
Cash sales (0.4 × $170,000) = 68,000
Collections of prior month's Receivables ($150,000 x 0.55) = 82,500
Total cash receipts = $150,500
Working Notes
Cash sales are 40 percent of total sales.
55 percent of previous month receivables are received in the current month. As such, receivables pertaining to August is received in September.
Therefore, GS's budgeted cash receipts for the month of September is computed as $150,500
The fact that mutual funds provide small investors with a diverse portfolio and experienced management is one of their appealing qualities.so statement is true.
<h3>What draws small investors to mutual funds?</h3>
Investors have access to a greater variety of investments through mutual funds than they could on their own. By pooling your funds, you may take advantage of economies of scale. The monthly contributions improve the investor's assets. Funds are more liquid because they are often less volatile.
The ability to diversify and thereby distribute risk over a number of investments is one of the reasons mutual funds are so well-liked by investors. People are drawn to mutual funds because they provide an opportunity for typical individuals to invest in professionally managed funds.
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