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Anni [7]
3 years ago
12

When your budget is $100, does that mean you actually have $100 to spend?

Business
2 answers:
Gelneren [198K]3 years ago
8 0

yes                  

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defon3 years ago
3 0
Well kinda u have a budget of 100 so basically you can only spend up to that amount. So yes you have that amount to spend if you decide to do so.
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An engineer has a fluctuating future budget for the maintenance of a particular machine. During each of the first 5 years, $10,0
ella [17]

Answer

The answer and procedures of the exercise are attached in the image below.  

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.  

7 0
3 years ago
Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850. Global Company
kherson [118]

Answer:

C. credit to Customer Refunds Payable, $900  

Explanation:

Global Company sold merchandise to Montana Industries for cash, $3,450. The cost of merchandise sold was $1,850.

Global Company refunded Montana Industries $900 for returned merchandise. The cost of merchandise sold was $600.

The entry that will be recorded by Global Company in the journal entry for the refund from the sale a credit to Customer Refunds Payable, $900  

<u>This amount of $900 will eventually be netted off against the accounts receivable amount for the total sales of $3,450, reducing the amount payable by the customer to $2550</u>

3 0
3 years ago
The journal entry to record the receipt of a payment within the discount period on a sale of $900 with terms of 2/10, n/30 will
Triss [41]

Answer and Explanation:

Given that

The Sale is made for $900

Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days

Now the journal entry to record the receipts of a payment within discount period is

Cash Dr $882

Sales discount $18

            To Account receivable $900

(Being the cash received)

3 0
3 years ago
The role of the entrepreneur in society is to bring the factors of production together and take the risks of producing output. r
tatuchka [14]

Answer:

bring the factors of production together and take the risks of producing output.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is the intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

In conclusion, when the aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.

3 0
3 years ago
Select all that apply
tensa zangetsu [6.8K]

Answer: exemplify you are well rounded

Explanation:

Items listed in the interests/activities section of a résumé are used to exemplify you are well rounded.

The essence of listing your interests or hobbies is to show the recruiting officer that one is well rounded and fits the particular position.

This part of the resume also makes one stand out or unique from others and can be used to complement ones academic qualifications.

5 0
3 years ago
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