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3 years ago

Start-ups are usually

Business

2 answers:

lidiya [134]3 years ago

7 0

New small-scale businesses owned and operated by a few partners.

makkiz [27]3 years ago

4 0

A startup is a young company that is just beginning to develop

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What would be some difficulties encountered in trading during the vedic age?

Brilliant_brown [7]

Since the vedic age existed circa 1750–500 BC, both technology would have greatly limited what could be developed for trade, and transporation (roads) would have been very underdeveloped between distant villages, thus, this would have been a limiting factor on the types of goods that could have been traded (i.e. mostly goods available in the local region would have been available for trade)

5 0

3 years ago

Whats 59667.7×457284.9÷6789324.2

alisha [4.7K]

4018.82977215 and rounded is 4018.83

3 0

4 years ago

g The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $385,0

slavikrds [6]

Answer:

$262,500

Explanation:

Current ratio = Current asset/Current liabilities

In line with the current ratio formula, to calculate the amount of short term debt increase, with the amount of current assets and current liabilities, we must add an amount such that the result 2.0

(1,312,500 + x) / (525,000 + x) = 2.0

Cross multiply

(1,312,500 + x) = 2.0 × (525,000 + x)

Open the brackets

1,312,500 + x = 1,050,000 + 2x

Collect like terms

1,312,500 - 1,050,000 = 2x - x

262,500 = x

It therefore means that the maximum that should be borrowed to buy inventory is $262,500

3 0

3 years ago

AI Rubber is one of four suppliers of molded rubber products and has a 45% market share. The market for its products is shrinkin

klasskru [66]

Answer:

(B) a cash cow

Explanation:

Based on the information provided within the question it can be said that in this scenario AI Rubber would be considered a cash cow. This term refers to a business and/or product that generates a steady revenue or profit for the owning company or individual. Since AI Rubber has a 45% market share we can say that they are the cash cow of the corporation.

8 0

4 years ago

Reineke Company's chart of accounts includes the following selected accounts.

Bogdan [553]

Answer:

Reineke Company

Journal Entries:

Oct. 1 Debit 120 Inventory $310

Credit 101 Cash $310

To record the purchase of merchandise via check no. 63

Oct. 3 Debit 157 Equipment, $840

Credit 101 Cash $840

To record the purchase of equipment via check no. 64

Oct. 5 Debit 201 Accounts payable (Uggla Company) $2,500

Credit Cash $2,450

Credit Cash Discounts $50

To record payment on account, less 2% discount, check no. 65

Oct. 10 Debit 120 Inventory $2,270

Credit 101 Cash $2,270

To record the purchase of inventory via check no. 66.

Oct. 15 Debit 201 Accounts payable (Rosenthal Co.) $1,770

Credit 101 Cash $1,770

To record the payment on account by check no. 67.

Oct. 16 Debit 306 Owner's Drawings $450

Credit 101 Cash $450

To record C. Sheridan's payment for his personal insurance premium of $450, check no. 68.

Oct. 19 Debit 201 Accounts payable (Orr Co.) $2,200

Credit 101 Cash $2,156

Credit Cash Discounts $44

To record full payment for invoice no. 610, less 2% cash discount, using check no. 69.

Oct. 29 Debit 201 Accounts payable (Clevenger Company) $2,580

Credit 101 Cash $2,580

To record full payment for invoice no. 264, by check no. 70.

Explanation:

a) Data and Calculations:

Chart of Accounts:

101 Cash

120 Inventory

130 Prepaid insurance

157 Equipment

201 Account payable

306 Owner's drawings

505 Cost of Goods sold

Accounts Payable balances:

Uggla Company $2,500

Orr Co. $2,510

Rosenthal Co. $1,770

Clevenger Company $3,750

Transactions Analysis:

Oct. 1 120 Inventory $310 101 Cash $310 check no. 63

Oct. 3 157 Equipment, $840 101 Cash $840 check no. 64

Oct. 5 201 Accounts payable (Uggla Company) $2,500 101 Cash $2,450 Cash Discounts $50, less 2% discount, check no. 65

Oct. 10 120 Inventory $2,270 101 Cash $2,270 check no. 66, $2,270.

Oct. 15 201 Accounts payable (Rosenthal Co.) $1,770 101 Cash $1,770, check no. 67.

Oct. 16 306 Owner's Drawings $450 101 Cash $450 for his personal insurance premium of $450, check no. 68.

Oct. 19 201 Accounts payable (Orr Co.) $2,200 101 Cash $2,156 Cash Discounts $44 for invoice no. 610, $2,200 less 2% cash discount, check no. 69, $2,156.00.

Oct. 29 201 Accounts payable (Clevenger Company) $2,580 101 Cash $2,580 for invoice no. 264, $2,580, check no. 70.

6 0

3 years ago