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2 years ago

What is the input, conversion and output of opening a summer band camp

1 answer:

7 0

Input is something you require to have before making the products,

In this case, it could be: Capital, Knowledge about bands, Time, Musical instruments, Finding the musician, etc

Conversion is the process of transforming that input into output,

In this case, it could be: Training, Discussing songs, rehearsals, inspecting the location, etc

Output is the end result after the conversion is finished

In this case, it will be: The summer band camp

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Notes or accounts receivables that result from sales transactions are often called A. non-trade receivables.B. trade receivables

oksian1 [2.3K]

Answer:

B. trade receivables

Explanation:

Trade receivables are amounts billed by a company to its clients when it delivers goods or services to them in the ordinary course of business, not been collected at the sale moment, but in the future. This may or may not include interest.

Instead, non-trade receivables are amounts owed to the company that falls outside of the normal course of business, such as employee advances or insurance reimbursements.

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3 years ago

Knox operates an electronics store as sole proprietor. On April 5, Knox was involuntarily petitioned into bankruptcy under the l

Xelga [282]

Answer:

$800

Explanation:

Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:

trustee will receive $15,000
lawyers will receive $10,000
Dart will receive $20,000
<u>Noll will receive $5,000 </u>

total $50,000

After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.

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2 years ago

For a bank, when a person deposits money into the bank, this: a creates a liability and an asset for the bank. b creates a liabi

Blizzard [7]

Answer:

The answer is A.

Explanation:

Bank deposits from customers create both a liability and an asset for the bank.

1. As a liability: The deposit is the customer's money. The bank is keeping the money for the customer. The customer can withdraw the fund any time.

2. As an asset: The money deposited by the customer can be used by the bank to generate revenue pending when the customer withdraws the money. The money not yet withdrawn by customers is still in the possession of the bank and the bank controls it.

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2 years ago

All of the following are expenses associated with home ownership that should be planned for early in the process except

grandymaker [24]

Mortgage payments are expenses associated with home ownership

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2 years ago

Read this scenario, and then answer the question that follows. richard is excited to start his trucking business. after taking o

Damm [24]

Some potential economic consequences that Richard did not consider before making his decision are:

The cost of maintenance for used trucks.
The cost of gasoline from the town to the nearest city.
The location of the places that goods will be transported to and from.

<h3>What are economic considerations?</h3>

These are the factors that will affect the profitability and viability of a business.

In Richard's case, he needed to have considered various costs such as the higher cost of maintaining used trucks and the cost of gasoline that he will incur for living so far from big cities.

He also needs to consider the distance his trucks will have to travel to pick up good and deliver them.

Find out more on economic considerations at brainly.com/question/13721949.

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1 year ago