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3 years ago

A savings account is an example of a

Business

1 answer:

Ratling [72]3 years ago

7 0

Answer:

Money market accounts

Explanation:

Money market accounts. Certificates of deposit (CDs) Interest checking. Specialty accounts (student savings and goal-oriented accounts, for example)

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Anita is an entrepreneur who is interested in starting a hair salon. Anita consulted her friend Ali, who is a businessman, to ge

Varvara68 [4.7K]

ANSWER 1. Capital

EXPLANATION: Calculating capital is necessary for a business. It is the basic duty of an entrepreneur to calculate capital before starting any business to check the financial capacity of the entrepreneur. Calculating capital also helps to estimate if any outside finance is necessary to start the business.

ANSWER 2: Set of Services

EXPLANATION: Choosing and categorizing set of services is necessary before starting any business. This will help in acquiring expert and trained set of labors to carry out the work. The clients will also come to know of the services that are available in the business. Expert and trained set of labors are difficult to find in any market.

ANSWER 3: Total Cost of Ownership

EXPLANATION: Total cost of ownership is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system. Each and every piece of equipment that Anita buys is added to the cost of the ownership of the business.

4 0

3 years ago

Read 2 more answers

If your lifestyle budget is $50000 a year selecting a career earning $75,000 will most likely allow you to meet your lifestyle g

NARA [144]

From what is said the answer is true. that leaves 25000 over your lifestyle budget

8 0

3 years ago

Flintlnc. provided the following information for the year 2017.

gtnhenbr [62]

Answer: See explanation

Explanation:

1. Prepare a single-step income statement for 2017. Shares outstanding during 2017 were 100,000. (Round earnings per share to 2 decimal places, e.g. $1.48.)

The income from continuing operations for earnings per share was calculated as:

= 285000/100000

= $2.85

The loss on discontinued operations was calculated as:

= 35190/100000 shares

= 0.35

Check the attachment for the solution.

2. Prepare aretained earning statement for 2017. Shares outstanding for 2017 were 100000.

Check the attachment for the solution

8 0

4 years ago

BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 000. Purchases were $ 90 com

lapo4ka [179]

Answer:

Cash balance on November 30 = $77,400

Explanation:

October sales $160,000

November sales $192,000

Calculation: November sales = $160,000 + (160,000 × 20%) = $160,000 + 32,000 = $192,000.

Collection from November $48,000

As 70% will be collected from the next month, therefore we can collect 70% from the month of October = $112,000

Total cash collection in November = $48,000 + $112,000 = $160,000

Cash disbursement for the month of November $110,000 × 30% = $33,000

70% from the month of October $90,000 × 70% = $63,000

Total cash disbursement = $96,000

The cash balance on November 1 = $13,400

Add: cash collection = $160,000

Less: cash disbursement = ($96,000)

Cash balance on November 30 = $77,400

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3 years ago

HOW MUCH IS 5OO ROUNDED TO THE NEAREST 10TH

Anit [1.1K]

500 rounded to the nearest tenth is 500 because there is nothing to round

6 0

4 years ago