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inessss [21]
3 years ago
15

How long should sales records such as invoices and monthly statements be stored?

Business
2 answers:
IrinaVladis [17]3 years ago
5 0

The IRS suggests all business records should be kept seven years. This allows firms to have records in case there is change to their taxes.

Brilliant_brown [7]3 years ago
5 0
7 years, but in some highly regulated industries, such as financial services (broker dealer/ investment services), best practices is considered to be 10 years
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When pitching your budget to decision makers, focus on conveying two things: First, demonstrate ROI from the current year, and s
DENIUS [597]

After demonstrating the ROI from current year, we should showcase the value of our initiatives, campaigns and goals for coming year.

Decision-makers are people who will decide if the presented budget for the financial year is worthy of approval.

  • The presenter is responsible for explaining what the budget entails with necessary document to convince the decision-makers.

In conclusion, after demonstrating the ROI from current year, we should showcase the value of our initiatives, campaigns and goals for coming year.

Read more about this here

<em>brainly.com/question/5170436</em>

3 0
2 years ago
A new project would require an immediate increase in raw materials in the amount $6,000. The firm expects that accounts payable
Monica [59]

Answer:

<em>The project will increase the net working capital of the firm by $4000</em>

Explanation:

Net working capital measure how fast a company can convert its asset to cash, the networking capital can be obtained with the expression below;

net working capital (NWC) = current assets - current liabilities

Current asset = Increase in raw materials = $6,000

Current liabilities  = accounts payable increase =  $2,000

NWC= Increase in raw materials-increase in accounts payable

          =$6,000 -$2,000

           =$4000

Therefore this project will increase the net working capital of the firm by $4000

3 0
3 years ago
g Select one: a. Capital budgeting analysis for expansion and replacement projects is essentially the same because the types of
timofeeve [1]

Answer:

The correct statement option is b.

Explanation:

The replacement decision involves an analysis of two independent projects where cash flows include the initial investment, additional depreciation and the terminal value.

The replacement decision is the process of identifying, evaluating and taking decisions on two or more independent alternatives. During this process company evaluate various alternatives of investment in different projects and select one of the best alternative based on its cost, rate of return, time required and risk associated with it etc.

6 0
3 years ago
Cognitive dissonance theory" is most helpful for understanding the impact of:_________. 1. central route persuasion on decision
adelina 88 [10]

Answer:

4. role playing on attitude change

Explanation:

The theory of cognitive dissonance was developed by Leon Festinger, it statutes that an individual feels discomfort when they experience a conflict between their beliefs and their actions.

I hope you find this information useful and interesting! Good luck!  

3 0
3 years ago
Read 2 more answers
A country's rate of real GDP growth is 3% per year. Its population is growing 4% per year. At what rate is its real GDP per capi
amm1812

Answer: I THINK GDP per capita = GDP of the country / total population of the country. Now, GDP per capita growth rate = ((GDP per capita for previous year - GDP per capita for present year) * 100 ) / GDP per capita growth for previous year. So it might be A

4 0
3 years ago
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