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Anuta_ua [19.1K]
3 years ago
9

After analyzing his business venture, Jim chalked out a business plan, which included maintaining a high liquidity to cover any

cash crunch
ata future date. He also insured his inventory to cover allosses that could arise due to theft and damage as his goods are transported
and stored in warehouses all over the country. How would you classify his plan?
Jim's business policy could be classified as a
plan.
Business
1 answer:
shepuryov [24]3 years ago
4 0

Answer:

Descriptions Terms a. Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows. b. Item included in net income, but excluded from net operating cash flows. c. Net cash flows from operating activities divided by average total assets. d. Cash transactions involving lenders and investors. e. Cash transactions involving net income. f. Cash transactions for the purchase and sale of long-term assets. g. Purchase of long-term assets by issuing stock to seller. h. Shows the cash inflows and outflows from operations such as cash received from customers and cash paid for inventory, salaries, rent, interest, and taxes.

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Carson company sells sporting tickets in advance of the event for $500,000. The journal entry to record the sale is?
ki77a [65]

Carson company sells sporting tickets in advance of the event for $500,000. The journal entry to record and the sale transaction would include cash and credit unearned.

Account                                              Debit                   Credit

Cash                                                   $500,000

Credit Unearned Ticket Revenue                               $500,000

Unearned revenue or credit is money received by an individual or company for a service or product that has yet to be provided or delivered. This includes the thought of as a prepayment for goods or services that a person or company is expected to supply to the purchaser at a later date.

Hence, Carson company sells sporting tickets where the debit cash $500,000 and credit unearned ticket revenue is $500,000

To learn more about Unearned revenue here:

brainly.com/question/14952769

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5 0
1 year ago
Read 2 more answers
A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 35 per
Nataly_w [17]

Answer:

$48,478

Explanation:

Calculation to determine What is the operating cash flow for this project

Operating cash flow = [$66,100 ×(1 -.35)] + [$15,750 ×.35]

Operating cash flow = [$66,100 ×.65)+5,513.

Operating cash flow = 42,965+5,513

Operating cash flow = $48,478

Therefore the operating cash flow for this project will be $48,478

7 0
3 years ago
True or False: Organizations can identify potential targets for theft and diversion by working with security or law enforcement
const2013 [10]
The answer is true because by working with security or law enforcement experts your organization is more safe
8 0
3 years ago
The first thing you should do when you see your customer/client is outline the plan for the session.
Sonbull [250]

The statement "the first thing you should do when you see your customer/client outlines the plan for the session." is False

This is further explained below.

<h3>What is the plan?</h3>

Generally, The terms plan, plan, plot, scheme, and project all refer to an organized strategy for producing something, carrying out an activity, or accomplishing a goal.

A plan always involves mental development and sometimes the depiction of ideas visually.

House design plans typically imply the presence of a specific pattern as well as some level of order or harmony that has been attained.

In conclusion, The assertion that "outlining the strategy for the session is the first thing you should do when you visit your customer or client" is not accurate.

Read more about the client

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6 0
2 years ago
Esthelt, an automobile manufacturing company, has a shortage of engineers who are capable of operating computer-controlled machi
Sphinxa [80]

Answer:

c. technical skills

Explanation:

Technical skills -

It refers to the knowledge or the information necessary to perform a particular task , is referred to as the technical skill .

The knowledge of scientific activities , mathematics , technology , mechanical information , is important to be learn technical skills  .

Hence , from the given scenario of the question,

The  correct option is c. technical skills .

3 0
3 years ago
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