$14,000 rupees will be disbursed totally in march.
<u>Explanation</u>:
- The operating cost is $38,000 per month. This is including depreciation. So cash pending on March 1 is $8,000.
- At the end of March month, the cash balance of $6000 is required. So a total of $14,000 is required at the end of the month. Including the labor costs, he wants to pay $14,000.
- He can borrow money in multiples of $1000. For emergencies, this money can be borrowed. So $14,000 should be dispersed in the month of March.
Answer:
The statement is correct as well as true
Explanation:
Financial results or the performance, is the subjective measure or criteria of how well the business or the firm could use the assets from the initial mode of the business and create revenues.
In short, it is evaluated through earning or the loss which consequence from the financial affairs.
So, if the company is spending as well as retaining and developing the best people of their company, will often result in superior as well as healthy results, which means generate a good amount of revenue for the company by producing the goods.
Answer:
I. The three (3) main functions of money in an economy are;
a. Medium of exchange.
b. Unit of account.
c. Store of value.
II. Liquidity is a characteristic of money.
Explanation:
In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
I. The three (3) main functions of money all over the world are;
a. Medium of exchange.
b. Unit of account.
c. Store of value.
II. The rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange.
In conclusion, money is a generally accepted medium of exchange around the world and money being a store of value makes it possible to transfer purchasing power between traders and buyers from the present to the future.
Explanation:
Recall from the case study that staff motivation has come to a low; most of them <em>"feel distressed". </em>One good quality of a leader is having the ability to motivate his//her employees. Hence, Laura's leadership skills could be most effective by trying to motivate her employees.
Her demanding schedule which requires frequent travel wouldn't allow her to properly manage the entire staff. Hence,<em> she should share her wealth of experience with the two managers, who in turn could then train the five members of staff they manage, by so doing she'll be building upon her leadership skill.</em>
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
