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NNADVOKAT [17]
3 years ago
13

What are the five foundations? Include purpose/ importance of each step

Business
1 answer:
Anestetic [448]3 years ago
4 0

Answer:

cream promina lotus Vaseline Himalayan neem <em><u>jgdaadhkjjhfddfhiklbddbbccsssdfgyuterrtttgfddsssddfffgggh</u></em>

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On January 1, 2015, the company purchased equipment that cost $10,000. The equipment is expected to be worth about (or has a sal
anzhelika [568]

Answer:

1    

Dr Fixed asset equipment_________$10000    

Cr Cash_______________________________$10000    

purchased equipment    

   

2    

Dr Depreciation expense____________$1800    

Cr  Acummulate Depreciation_______________$1800    

Anual depreciation    

Explanation:

1    

Dr Fixed asset equipment_________$10000    

Cr Cash_______________________________$10000    

purchased equipment    

   

2    

Dr Depreciation expense____________$1800    

Cr  Acummulate Depreciation_______________$1800    

Anual depreciation    

5 0
3 years ago
2. A box contains 50 slips of paper. Forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and
DochEvi [55]

Explanation and answer:

If if the possible outcomes are xi, and the corresponding probability is pi, where i is one of the N events, then the expectation [E] is given by

[E] = sum (xi*pi)

In the given case, n= frequency of the event, N=50=total number of events

i    n    xi   pi            n*xi*pi

1  40    0   40/50     40*0*40/50 = 0

2   8   20   8/50      8*20/50 =  3.20

3   1  100    1/50       1*100/50 =  2.00

4   1  500   1/50       1*500/40= 10.00

Total  (expected gross winning) =  15.20

Person has already paid $10,

so the expected net winning = 15.20 - 10 = 5.20

8 0
3 years ago
The cash flow statement should be evaluated by examining the cash flow pattern suggested by the:__________
galina1969 [7]

Answer:

a) subtotals of each of the three main sections.

Explanation:

A cash flow statement is a representation of the cash inflows and outflows from various activities in a business. The three main sources of cash flow are operating activities, investing activities, and financing activities.

Operating activities include daily production activities that a business usually engages in like manufacturing or selling.

Financing activities are those that affect the capital base of the organisation.

Investing activities are those that involve purchase or sale of assets, and investment in securities.

To get a better knowledge of the cash flow of the organisation we will need to evaluate subtotals of each of these three sections

6 0
4 years ago
Earl and Mary form Crow Corporation. Earl transfers property, basis of $200,000 and value of $1,600,000, for 50 shares in Crow C
barxatty [35]

Answer: The correct answer is "c.Crow will have a business deduction of $120,000 for the value of the services Mary will render.".

Explanation: With respect to the transfers: Crow will have a business deduction of $120,000 for the value of the services Mary will render.

This is calculated by the difference between the value of the property contributed by Earl $1 600 000 and the value of the property contributed by Mary $1 480 000.

1 600 000 - 1 480 000 = $ 120 000.

4 0
4 years ago
When Larry purchased a Jet Ski personal watercraft for $4,999, he was also given free financing and three hours of free lessons
stellarik [79]

Answer:

Value added

Explanation:

Value-added - it is the total difference that comes out between the product value in the market and the cost of producing that product. cost of a product is based on the survey which gives the idea that how much cost may be assigned to the product.

The value of this difference help to determine the profit on products.

Higher the value of add, higher will be the charges of product and higher will be the revenue collected.

4 0
3 years ago
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