Answer:
The budgeted cash inflows for October and November is $14,500 and $12,300 respectively
Explanation:
The computation of the budgeted cash inflows for October and November is shown below:
For October:
= 50% of sales revenue of October + 40% of sales revenue of September + 10% of August
= 0.5 × $14,000 + 0.40 × $15,000 + 0.10 × $15,000
= $7,000 + $6,000 + $1,500
= $14,500
For November
= 50% of sales revenue of November + 40% of sales revenue of October + 10% of September
= 0.5 × $13,000 + 0.40 × $14,000 + 0.10 × $15,000
= $5,200 + $5,600 + $1,500
= $12,300
Answer:
C.
Explanation:
Based on the information provided within the question it can be said that the actual meaning of using this term when referring to a firm is the opportunity cost of producing a good or service, which includes both implicit and explicit cost. Meaning what the firm is giving up in order to produce that good or service which can be money, assets, or other opportunities which could be chosen instead.
Answer:
File manager
Explanation:
Charley wants to organise documents according to the semesters, so the best course of action is to use file manager. File manager helps to divide documents and you can name them semester 1, semester 2 accordingly. It helps to organise everything in precise order. You can even give subject names to better handle the documents.
Answer:
a) Assets and stockholders equity will increase
b) Cash will decrease, supplies will increase but assets will remain the same and so will liabilities and stockholders equity because an asset is being exchanged for an asset.
c) Assets and liabilities both will increase.
d) Assets and stockholders equity will increase.
e) Both assets and liabilities will decrease.
Explanation:
a) invested cash in business in exchange for capital stock
In this Transaction cash which is an asset is being added or injected to an asset so the assets of the business will increase. Secondly because cash is being exchanged for capital stock the stockholders equity will increase by the same amount that assets are increasing and this will balance the equation.
b) Cash which is an asset is being used to buy supplies which are also an asset so assets will remain the same and the other side of the equation will also remain the same.
c) Supplies which is an asset is being bought so assets will increase, the supplies are bought on account which is a liability so liability will increase by the same amount.
4) Cash which is an asset is being added to the business so assets will increase and owners equity will increase because now the owners have more capital.
5) Assets will decrease because cash is being used to pay for utilities, liabilities will also decrease because money that was owed is no longer owed now.
Answer:
Contribution matching
Explanation:
When an employer matches an employee contribution is a retirement savings scheme, the employee's savings grow faster. The employee feels encouraged because they can see their employer contribute to the growth of their savings account. An employee will be motivated to contribute more if the employer promises to match the employee's contribution.
