Answer:
d. Establish a $10,000 credit limit for a new customer
s. Collect payments on customer accounts
r. Sell a DVD player
l. Sell concert tickets
a. Purchase raw materials
e. Pay for raw materials
o. Pay utility bills
Expenditure
c. Hire a new assistant controller
f. Disburse payroll checks to factory workers
k. Record factory employee timecards
n. Send new employees to a business ethics course
q. Pay federal payroll taxes
u. Pay sales commissions
Human Resources/Payroll
g. Record goods received from a vendor
j. Complete a picking ticket for a customer order
i. Decide how many units to make next month
v. Send an order to a vendor
w. Put purchased goods into the warehouse
Production
b. Pay off mortgage on a factory
h. Update the allowance for doubtful accounts
m. Draw on line of credit
p. Pay property taxes on an office building
t. Obtain a bank loan
Financial Cycle
Explanation:
