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ehidna [41]
3 years ago
13

The best way for a sophomore man to start-up

Business
1 answer:
anygoal [31]3 years ago
6 0
Just jump right into it
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Net working capital is defined as current assets divided by current liabilities.
Ahat [919]

Answer:

The answer is False.

Explanation:

False, because the net working capital is determined by subtracting all the current liabilities from the current assets. But in the question, it says net working capital is determined by dividing the current assets with current liabilities which is wrong. Therefore, if the current assent is 10000 dollars and current liabilities are 5000 dollars then net working capital is 10000 – 5000 = $5000.

7 0
3 years ago
Which is the correct sequence for recording transactions and preparing financial​ statements?
zheka24 [161]

Answer:

The answer is B.

Explanation:

The first is the journal. A journal entry may be a summary of the debits and credits of the transaction entry to the journal.

Followed by a ledger which may be a book containing accounts during which the classified and summarized information from the journals is posted as debits and credits.

Trial balance which is that the listing of all accounts (asset, liability, equity, revenue, expense) with the ending account balance or or its a report that lists the balances of all book accounts of a corporation at a specific point in time.

And lastly the financial statements. they're written records of a business's financial situation

8 0
3 years ago
With respect to the 4ps and marketing research which technique is out of place:_______
Over [174]

Answer:

d

Explanation:

The four P's of marketing are the foundation for which marketing stands on.

They include :

product - this is the good that is being marketed

price - what consumer pays for the good

place - this is where the good is being marketed

promotion - this are the various forms of advertising carried out for the good

8 0
3 years ago
Dollar bills in the modern economy serve as money because
nikitadnepr [17]

Answer:

The reason for this is that the people will accept it as money confidently.

Explanation:

Since the definition of money explains that money can be anything that is accepted by the people and serve as the medium of exchange. However, in the case of a dollar bill, people have accepted it as a medium of exchange.

8 0
3 years ago
Morgan and Flynn owned a partnership business that was facing financial difficulties. The debts of the business were getting out
ahrayia [7]
<span>They can file the bankruptcy code under chapter 11. 

</span>This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11<span>.
</span>
I hope my answer has come to your help. God bless and have a nice day ahead!
8 0
3 years ago
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