Business, 10.12.2019 23:31 Jasminanai42
Eliza has just opened a new business near campus that is a combination of a laundromat, a nail salon, and a tanning studio. there is an accounting firm located just down the street and eliza is paying them to do all of her accounting. at the end of the first quarter (three months of business), eliza has several questions about how things are going. if she wants to understand how much debt the business has right now, then she should look at the that her accountant has prepared.
a. the income statement
b. the statement of owner’s equity
c. the balance sheet
Answers: 3
Business, 21.06.2019 20:50
Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?
Answers: 2
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
Business, 22.06.2019 11:30
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
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