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sergejj [24]
3 years ago
5

I need Short Term, Med Term, and Long Term goals for a sports cleat business

Business
1 answer:
alisha [4.7K]3 years ago
3 0

Answer:

Short term: Try and sell the one pair of cleats that are used.

Med term: Try and sell Two pairs for a lower price like two pairs for $40

Long term: Try and sell all the cleats before you have to leave the store.

Explanation:

I like goals!

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One characteristic of mid-cap stocks is that they
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3 years ago
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Fees earned $942,135 Office expense 216,690 Miscellaneous expense 18,845 Wages expense 452,225 Accounts payable 23,555 Accounts
sp2606 [1]

Answer and Explanation:

The preparation of the balance sheet as on May 31, 20Y6 is as follows:

Assets

Cash $252,875

Accounts receivable $65,950

Supplies $11,305

Land    $301,000

Total Assets $631,130

Liabilities  

Accounts payable $23,555

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Retained earnings (see working below) $472,575

Total Liabilities $631,130

Working note

For retained earnings first determine the net loss or net income as the case may be

= Fees earned - office expense - miscellaneous expense - wages expense

= $942,135 - $216,690 - $18,845 - $452,225

= $254,375

Now the ending retained earning balance is

= opening retained earning balance + net income - dividend paid

= $254,000 + $254,375 - $35,800

= $472,575

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Answer:

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4 years ago
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