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Irina18 [472]
4 years ago
12

It’s important to use an appropriate e-mail address as a professional contact.

Business
1 answer:
WINSTONCH [101]4 years ago
3 0

Answer:

True

Explanation:

Here fo the points sorry not very smart :)

You might be interested in
1243.00 The cost of wine for next week will increase by 2% from the current week. If all other cost of sales stays constant, wha
Luda [366]

Answer:

The approximate total cost of sales for next week will be $1,267.86

Explanation:

Hi, all we need to do is use the following formula

Price(1)=Price(o)*(1+increase)

Where:

Price(1)= The price of next week

Price(o)= Current price ($1,243)

increase= increase percentage (in our case, 2% or 0.02)

All should look like this.

Price(1)=1,243*(1+0.02)=1,267.86

So, the cost of sales for next week will be $1,267.86

Best of luck.

8 0
3 years ago
Below are the transactions for Ute Sewing Shop for March, the first month of operations.
balandron [24]

Answer:

Explanation:

March 1

Cash  1700

    Share Capital 1700

To record the issuance of shares

March 3

Equipment 1400

  Cash           1400

To record the purchase of equipment on cash

March 5

Rent Expense 470

    Cash               470

To record the rent expense

March 7

No entry neither cash nor serves are provided.

March 12

Purchase 117

  Cash           117

To record the purchases

March 15

Cash 670

 Income 670

To record the services Income.

March 19

Advance 570

     Payable   570

To record the advance cash receipt for services not yet provided thus advance is our liability.

March 25

Payable 228    570/25*10

   Income    228

To record the services income against advance given.

March 30

Utilities Expense   82

    Cash                      82

To record the monthly utilities expense

March 31

Dividend Pay  85

       Cash              85  

To record the payment of dividend.

2)

                                <u>Share Capital Account</u>

                                                 Opening =    0

                                                   Cash          1700

          <u>Closing=1700</u>                 <u>                            </u>

 

                                     <u>Cash  Account</u>

Opening = 0

share capital   1700                              Equipment          1400

                                                               Rent                   470

                                                                Purchase           117

Income             670

Adv. Pay           570

                                                                  Utilities             82

                                                                   Dividend          85

                                                                   <u>Closing balance- 786</u>    

     

                                       <u>Equipment</u>

Opening = 0

Cash           1400

                                                             <u>Closing-1400</u>

                                       <u>Rent Expense</u>

Opening = 0

Cash           470

                                                             <u>Closing-470</u>

                                       <u>Purchase Expense</u>

Opening = 0

Cash           117

                                                             <u>Closing-117</u>

                                <u>Income Account</u>

                                                 Opening =    0

                                                   Cash          670

                                                    Payable     228

      <u>Closing- 898</u>                                           <u>                            </u>

                                <u>Payable Account</u>

                                                             Opening =    0

                                                             Cash          570

Income 282

<u>Closing-342</u>                                           <u>                            </u>

                                       <u>Utilities Expense</u>

Opening = 0

Cash           82

                                                             <u>Closing-82</u>

                                   <u>Dividend</u>

Opening = 0

Cash           85

                                                             <u>Closing-85</u>

3)                     Trail Balance

     Head Of Account                           Debit                    Credir

Cash                                   786  

Share Capital                                           1700

Equipment                           1400  

Rent Expense                                                   470  

Purchases                            117  

Income                                                           898

Payable                             342

Utilities                                     82  

Dividend                                            85  

Total                                   2940                 2940

7 0
4 years ago
What would make an Ideal business plan?
KonstantinChe [14]

Answer:

Start with a clear, concise executive summary of your business. ... If you are sending your plan to investors, include the amount of money you need and how you plan to use it

Explanation:

5 0
3 years ago
Andrew Flint is the CEO of a small, publicly held company based in Idaho Falls, Idaho. Flint earned $76,000 last year as CEO. In
Natasha2012 [34]

Answer:

D, Flint can simply write ot the SEC to voice his concerns.

Explanation:

Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.

Cheers.

6 0
4 years ago
The following report reflects numerical data for Polar Corporation in July: Sales $27,000 Variable costs $11,880 Fixed costs $7,
77julia77 [94]

Answer:

$1.40

Explanation:

The total contribution margin is determined by deducting variable costs from sales during the period:

CM = \$27,000 -\$11,880\\CM = \$15,120

Assuming a production of 10,800 units, the contribution margin per unit is:

CM_u = \frac{\$15,120}{10,800}\\CM_u =\$1.40

The contribution margin per unit in July is $1.40.

7 0
4 years ago
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