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arsen [322]
3 years ago
10

The opening balance of Prize Fund was Rs 1,00,000. During the year, donations received towards this fund amounted to Rs 15,400,

amount spent on prizes was Rs 12,300 and interest received on prize fund investment was Rs 4,000. The closing balance of Prize Fund will be :​
Business
1 answer:
Ganezh [65]3 years ago
6 0

Answer:

Rs 10,700

Explanation:

The closing balance will be

Opening prize  Rs 100,000

Add

Donations received  Rs  15,400

Interest received   <u>Rs   4,000</u>

Total at hand   <u>Rs 119,400</u>

less

amount on prizes   <u>Rs 12,300</u>

closing balance   <u>Rs 10,700</u>

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Classify each of the following items as a final good or an intermediate​ good, and classify the expenditure on each final good a
klasskru [66]

Answer:

Classification of Goods

a.           Intermediate good; Investment

b.           Final Good = Consumption

c.           Intermediate good; Investment

d.           Intermediate good = Investment

Explanation:

An intermediate good produces a final good for consumption.  Intermediate goods are used for investment to generate more resources that can be consumed in the future.  A final good, in most cases, does not require further processing.  It is consumed immediately by the buyer.

5 0
3 years ago
Lucky Inc. reported sales revenue of $385,000, operating expenses of $65,000, and a net loss of $23,000 for the most recent fisc
Mademuasel [1]

Answer:

$343,000

Explanation:

Given that,

Sales revenue = $385,000

Operating expenses = $65,000

Net loss = $23,000

Gross profit:

= Net loss + Operating expenses

= - $23,000 + $65,000

= $42,000

Cost of goods sold:

= Sales revenue - Gross profit

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= $343,000

Therefore, the amount of cost of goods sold for the Lucky is $343,000.

3 0
4 years ago
Select the correct answer.
Mademuasel [1]

Answer:

C.earning college credits in high school.

Explanation:

The other answers are all negative and in the question it says ''a benefit''.

Hope this helps! Please mark brainliest!

3 0
3 years ago
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Edie would like to better understand a new code section enacted four weeks ago. Which of the following authorities will help Edi
Talja [164]

Answer:

Committee reports

Explanation:

Committee reports

Committee report will help Edie in order to understand the newly enacted code section .

Since ,

A committee report is the report which is submitted by the committee to an assembly on the matters related to the business , which is referred to committee or may be on other matters .  

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Answer:

the common sequence is

Explanation:

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4 0
3 years ago
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