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3 years ago

What does it mean to be "in the red"

Business

1 answer:

Alex Ar [27]3 years ago

5 0

Answer:

<h3>The expression "in the red" is used to describe a business that has negative earnings. This is in contrast to the phrase "in the black" which refers to businesses that are profitable and financially solvent. ... Before the use of computers, accountants recorded income in black ink and expenses in red ink.</h3>

Explanation:

<h2><em><u>I hope it helped</u></em><em><u>❤</u></em></h2><h2><em><u>hey buddy can u do a favor to me</u></em></h2><h2><em><u>hey buddy can u do a favor to meif u don't mind ......plz subscribe to my UTube channel - gtron9528 </u></em></h2>

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Developing nations currently account for ________ of FDI in the form of cross-border mergers and acquisitions. Group of answer c

jarptica [38.1K]

Answer: B

Explanation: About one third or less

3 0

3 years ago

A food worker needs to cool a large pot of soup How should the food worker cool the soup?

Lilit [14]

Answer:

a)use an ice paddle. it is the most suitable way

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3 years ago

In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. T

Mamont248 [21]

Answer:

D) 137000 39000

Explanation:

Allen 140,000

Daniel 40,000

Capital before admission 180,000

share ratio 3:1

Capital after admission:

180,000 + 40,000 = 220,000

David participation: 20%

220,000 x 20% = 44,000

David investment 40,000

goodwill: 4,000

There is a difference in goodwill which will be supported for the old partner as their current share ratio

Allen 4,000 x 3/4 = 3,000

Daniel 4,000 x 1/4 = 1,000

Capital after David admission:

140,000 - 3,000 = 137,000

40,000 - 1,000 = 39,000

6 0

4 years ago

What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking,

Anna11 [10]

Answer:

B. I and II only

Explanation:

I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services

7 0

4 years ago

Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months

Alina [70]

Answer:

January February

Beginning Cash Balance 58,050 35,475

Add: Receipts

Collections from Customers 109,650 193,500

Sale of Marketable Securities <u>15,480</u> <u> 0 </u>

Total Receipts <u> 125,130 </u> <u> 193,500</u>

Total Available Cash 183,180 228,975

Less: Disbursements

Direct Materials 64,500 96,750

Direct Labour 38,700 58,050

Manufacturing Overhead 25,155 30,315

Selling and Administrative 19,350 25,800

Total Disbursements <u> 147,705 </u> <u> 210,915</u>

Cash Balance 35,475 18,060

Financing

Add: Borrowings 0 7,740

Less: Repayments <u> 0 </u> <u> 0 </u>

Ending Cash Balance 35,475 25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

8 0

4 years ago