Answer:
<em>Gather all your company's existing information, including data on your business's revenue, operating budget, expansion plans, and so on. Integrate your goals, data, and financial needs into a concise, clean presentation. Research thoroughly any investor you plan on presenting your investment proposal to.</em>
Answer:
A. $302,000
Explanation:
<u>Accrual basis: </u>recognize income and expenses based on the date at they occur regardless of collection or payment.
sales revenue: 496,000
incurred expenses:<u> (194,000) </u>
net income 302,000
<u>The prepaid is not considered an expense under accrual basis. </u>It will be adjusted over time.
Answer:
All of the basic expenses necessary to run a business are generally tax-deductible, including office rent, salaries, equipment and supplies, telephone and utility costs, legal and accounting services, professional dues, and subscriptions to business publications.
Explanation:
Option D is right my friend
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Answer:
$864,884
Explanation:
The proceeds received from the issuance of bonds equal the sum of the present value of the cash flows associated with the bonds (both the face amount and interest payments) discounted at the interest rate prevailing in the market at the time. The present value of the $800,000 face amount discounted at the market interest rate of 8% is equal to $540,448 ($800,000 × .67556). The present value of the semiannual interest payments of $40,000 [$800,000 × 10% × (6 months ÷ 12 months)] discounted at the market interest rate of 8% is equal to $324,436 ($40,000 × 8.11090). Thus, the proceeds on the sale of the bonds equal $864,884 ($540,448 + $324,436).
