Answer:
The question is missing some figures which can be seen from the attached image.
Petty cash is a fund set aside in the office to pay minor day to day expenses incurred.Usually, an amount is made available at the beginning of period called float,from which expenses can be paid and the amount equal to spend is reimbursed at the end of the month.
In order, to make payment even more easier,some businesses take up credit cards from financial institutions,from which expenses can be paid on account.
The balance of $415 means in petty fund,implies that $85 spent needs to be replenished at month end and that the remaining expenses were paid with credit card.
Explanation:
Find in the attached spreadsheet the entries posted in respect of petty cash and credit card expenses in the month.
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Marginal benefits and marginal costs.
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A Business School student looking at changes in structures of Small and Medium Sized Enterprises (SMEs) using publicly available information
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Lowered, improved, increased, choice
Explanation:
Free trade has not produced all of the economic impacts that were originally predicted. At the same time, it is known that global shifts in production and trade have generally lowered consumer cost, improved company profits, and increased product choice.
AFN has negative and positive sides. The correct statement is A negative AFN indicates that retained earnings and spontaneous liabilities are far more than sufficient to finance the additional assets needed.
- AFN is known as Projected increase in assets – spontaneous increase in liabilities – any increase in retained earnings.
When the AFN value is negative, it means the action or project that is underwork will bring about extra income for the company, which can be invested in another place.
Additional funds needed (AFN) is known as financial term used when a business intends to widen its operations.
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