Answer: $42,000
Explanation:
The Net investment required is the total amount that a company needs to initiate a project or acquire an asset.
Net investment at time 0 = Cost of machine + increase in net operating capital
= 40,000 + 2,000
= $42,000
A plan that lists the types and amounts of selling expenses expected during the budget period is called a selling expense budget.
The making of selling expense budget is the responsibility of the sales department. This budget includes selling expenses such as sales salaries, commission of sales , advertising and sales office rent, shipping expenses or sale supplies.
Selling expenses can be both fixed as well as variable.
Selling expenses are mostly comprised of Operating Expenses, like rent, payroll, utilities, and advertising . Direct costs are another type of spending which shows what is spent on the goods and services which are sold.
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Answer:
c. $107,000
Explanation:
We can calculate cash collected from the customers by following calculations
Accounts receivable op balance $38,000
Add : Sales on account during year $88,000
Less Closing Balance on Receivables - $19,000
Cash Collected from Customers $107,000
This is the net amount collected on behalf of customers while $19,000 is still recoverable in consequent accounting cycle.
Hope that helps.
APR.
If you don' pay off your balance every month, you will pay interest on the remaining amount. The amount of interest is the APR, annual percentage rate. So, if you are going to be paying interest you want to make sure this rate is as low as possible!
Answer:
B) clan culture
Explanation:
Clan culture: This refers to an organization set up more like a family-like or tribe-like in order to promote unity among customers and employees.
Clan culture are team-oriented because they promote working together as a team in order to achieve their aims and objectives.
Jason and Jill have built a clan culture where they made their employees and customers feel like family. They are concerned about the welfare of their customers and employees.
Clan culture could promote corporation among employers, employees and customers and it strengthen the relationship between them. Clan culture makes customers feel at home and it will increase sales and profit of the business owner.