Answer: $25,662
Explanation:
Cash and Cash Equivalent accounts in the above are;
- Cash in bank account
- Money Market fund
- Petty cash balance
- Money orders
Cash and Cash equivalents on June 30 are;
= 8,455 + 14,400 + 550 + 2,257
= $25,662
Answer:
$3.12
Explanation:
For expansion:
EBT = EBIT - Interest
= [6,000 + (30% × 6,000)] - $0
= $7,800
Net income = EBT - Tax
= $7,800 - $0
= $7,800
Earning per share for the case of strong expansion period before any debt is issued:
= Net income ÷ Number of shares outstanding
= $7,800 ÷ 2,500
= $3.12
Answer: Avoid miscellaneous expenditure
Explanation:
One of the ways the daycare can try to balance it's budget is by trying to cut or remove unnecessary expenses. They can do this by separating cost necessities from any wants of the daycare. For any expenses that they cannot remove altogether, they can track those costs, and try to limit or reduce these costs.This can avail more money for the daycare and reduces expenses overall.
Answer:
A.True
Explanation:
a person who sets up a business or businesses, taking on financial risks in the hope of profit.
The command economy is an economic system where the government, rather than the free market, determines which goods to produced. The government also should set how the products should be produced and prices. Examples of countries having this kind of economy are Cuba and North Korea.