Whats a marketing plan

Maria has started a lawn care service about a year ago. She did

Yuliya22 [10]

I believe it’s growth

6 0

3 years ago

A citizen group raised funds to establish an endowment for the Eastville City Library. Under the terms of the trust agreement, t

tino4ka555 [31]

Answer:

a. Journal entries

Particulars Debit Credit

Revenue: Addition to permanent $510,000

endowment

Revenue investment income $48,000

Revenue : increase in fair value $8,000

of investment

Expenditure - subscription $39,500

Fund balance $526,500

b. Statement of revenue , expenditure , and changes in fund balance

Particulars Amount

Revenue

Addition to permanent endowment $510,000

Investment income $48,000

Increase in fair value of investment $8,000

Total revenue $566,000

Expenditure

Library subscription $-39,500

Net change in fund balance $526,500

Beginning fund balance 0

Ending fund balance $526,500

c. Balance sheet

Assets

Cash $8,500

Investments $5,18,000

Accrued interest receivable $2,000

Total assets $528,500

Liabilities and fund balance

Liabilities

Accounts payable $2,000.00

Fund balance

Non spendable permanent $510,000

fund principal

Assigned to library $16,500

($526,500 - $510,000)

Total fund balance $526,500

Total liabilities and fund balance $528,500

3 0

3 years ago

Richland Enterprises has budgeted the following amounts for its next fiscal year: Total fixed expenses $ 48 comma 000 Selling p

Alik [6]

Answer:

The number of units needed to break even will decrease by 276 units

Explanation:

Giving the following information:

Total fixed expenses $48,000

Selling price per unit $45

Variable expenses per unit $30

Richland Enterprises can reduce fixed expenses by $4,140.

First, we need to calculate the actual break-even point in units:

Break-even point= fixed costs/ contribution margin

Break-even point= 48,000/ (45 - 30)= 3,200 units

New fixed costs= 48,000 - 4,140= 43,860

Now, we calculate the new break-even point:

Break-even point= 43,860 / 15= 2,924

The number of units needed to break even will decrease by 276 units.

6 0

3 years ago

What is the first step creating a budget

juin [17]

The first step is to find out how important a plutocrat you make each month. You’ll want to calculate your net income, which is the quantum of plutocrats you earn lower levies. still, anyhow if you’re part-time or full-time, the quantum listed is likely your net income If you admit a regular stipend through your employer.

Keep in mind that if you’re enrolled in a health insurance plan, flexible spending account (FSA), and/or a retirement account through your employer, the money is often automatically withdrawn from your paycheck. You’ll want to subtract those deductions to make sure you have a clear picture of your take-home pay.

If you freelance, are self-employed, or simply don’t receive a regular paycheck, you’ll need to subtract taxes from your income amount. The self-employment tax rate is 15.3%, according to the IRS. You can use this TaxAct calculator to estimate how much taxes you’re required to pay in a year. Then you can divide by 12 to get a monthly estimate.

What is a flexible spending account (FSA)?

A flexible spending account (FSA) is a type of savings regard that provides the account holder with specific duty advantages. An FSA is occasionally called a “flexible spending arrangement” and can be established by an employer for workers. The account allows you to contribute a portion of your regular earnings; employers also can contribute to workers’ accounts. Distributions from the account must be used to repay the hand for good charges related to medical and dental services.

Learn more about flexible spending accounts (FSA) visit: brainly.com/question/20388870

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7 0

2 years ago

Why is international trade important to most countries?

Firdavs [7]

The answer to your question is D

6 0

3 years ago

Read 2 more answers