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VashaNatasha [74]
3 years ago
9

What steps should you take when preparing to establish an investment program

Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
8 0

you should outline your goals: how do i spend my money; how much do I need to satisfy my goals.. how will i get the cash.. how long will it take to save the money...how much risk am i willing to take when i invest...what conditions in the economy or in my life could change my investment goals... are my goals reasonable... am I willing to make sacrifices to save... what will happen if I do not meet my goals.. Just some questions to ask yourself.

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5 0
3 years ago
Linda owns and runs her own firm. She also serves on the boards of several companies. Although she does not work for these compa
Vlad [161]

Answer:

<h2>The answer, in this case, would be true or option a) given in the answer choices.</h2>

Explanation:

  • In any business, an outside director is commonly identified as an individual who is officially not an employee or a shareholder of the company or business enterprise.
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6 0
3 years ago
Why are conflicts of interests a problem in business?
Nesterboy [21]
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3 0
3 years ago
Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000
valentinak56 [21]

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details                                                                       Amount ($)</u>

Net Income                                                                   310,000

Depreciation expense                                                  45,000

Increase in accounts receivable                                 (55,000)

Decrease in inventory                                                   12,000

Increase in accounts payable                                        6,000

Increase in prepaid expenses                                      (4,000)

Decrease in income taxes payable                               3,500

Gain on disposal of land                                                <u> 7,500 </u>

Net cash provided (used) by operating activities  <u> 325,000 </u>

5 0
3 years ago
On Jan. 3, Gourmet Cakes sold $15,000 of merchandise on account to Jerry Hines. On Jan. 10, Jerry returned $2,000 of the merchan
Sonja [21]

Answer:

sales returns & allowance     2,000 debit

            accounts receivables              2,000 credit

Inventory                                    500 debit

             COGS                                        500 credit

-to record the return of goods from Jerry Hines--

Explanation:

As the returned goods are not reported as failure or malfunction just; the customer returned as exceeds his needs, we can return them to goods ready to sale thus; inside inventory account.

We will decrease the account receivable, our COGS and increase our inventory

4 0
3 years ago
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