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Zinaida [17]
4 years ago
7

A schedule of cash receipts is often prepared in conjunction with the sales budget.

Business
1 answer:
slega [8]4 years ago
5 0

The given statement is false

Explanation:

A scheduled cash budget is not often prepared in conjunction with the sales budget and this shows the pattern in which the cash must be collected from the sales budget and this is mainly based on the previous collection pattern

In the sales the amount is collected only after the sales period ends and the cash receipts is most often prepared in conjunction with the pattern in which the previous sales was collected

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Rodriguez Corporation issues 8,000 shares of its common stock for $50,000 cash on February 20. Prepare journal entries to record
bulgar [2K]

Solution:

1.Cash a/c                                                        Dr        $50,000

To common stock                                                       $32000 (8000*4)

To paid in capital in excess of par-common stock   $18,000

2.Cash a/c                                                       Dr    $50,000

To common stock                                                    $50,000

3.Cash a/c                                                       Dr   $50,000

To common stock                                           $16000(8000*2)

To paid in capital in excess of stated value-common stock $34,000

6 0
4 years ago
Which of the following is a basic calculation to analyze an income statement?
Karolina [17]

Answer:

income minus expenses

Explanation:

4 0
3 years ago
Read 2 more answers
Identify the like terms.
Sedaia [141]

Answer:

Explanation:

7

+

5

−

9

+

2

−

1

2

7y+5x-9+2y-12x

7y+5x−9+2y−12x

Simplify

1

Combine like terms

7

+

5

−

9

+

2

−

1

2

{\color{#c92786}{7y}}+5x-9+{\color{#c92786}{2y}}-12x

7y+5x−9+2y−12x

9

+

5

−

9

−

1

2

{\color{#c92786}{9y}}+5x-9-12x

9y+5x−9−12x

2

Combine like terms

3

Rearrange terms

Solution

−

7

+

9

−

9

5 0
3 years ago
Identify the Key Concepts of<br> Effective Operations Strategy
Greeley [361]

Answer:

The Key Concepts of  Effective Operations Strategy is explained below in details.

Explanation:

Operations management includes preparation, coordination, and supervising methods, and make significant enhancements for tremendous profitability. The improvements in the everyday operations have to promote the company's strategic purposes, so they are introduced by deep examination and determination of the current processes.

6 0
3 years ago
When an organization continues serving the same clients by offering the same product or​ service, maintaining market​ share, and
iren [92.7K]

Answer:

Stability strategy.

Explanation:

Stability strategy:  It is one of the major corporate strategy, which focuses on reducing the risk of expansion, investment or innovation. This strategy generally adopted by small scale businesses and have conservative approach toward risk or if market condition is not favorable for the business. Therefore, they do not make a significant change in their operations, they continue serving the same clients by offering the same product or service, maintaining market share, and sustaining the organization's current business operations.

6 0
4 years ago
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