The following two tasks are important to complete while writing a business plan.
Market Research and AnalysisFinancial Planning and ProjectionsFor the creation of a successful business plan, detailed market research and analysis are paramount. This process includes compiling data about your target market's size, growth trends, demographics, and the wants and preferences of potential clients. Studying your rivals to determine their advantages, disadvantages, and tactics is another requirement.
Writing a business plan also requires careful consideration of the finances. In order to do this, you must estimate and project the financial components of your company over a given time frame, usually three to five years. It entails building a thorough financial model that accounts for a range of factors, including startup costs, revenue predictions, operational costs, cash flow analyses, and profitability forecasts.
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billy’s exterminators, inc., has sales of $78,750, costs of $1,888, depreciation expense of $1,567, interest expense of $1,008, and a tax rate of 32 percent. what is the net income for this firm?
The net income of the firm will be $50,515.16. Net income is the amount of money left over after operating costs, administrative expenses, cost of products sold, taxes, insurance, and any other business charges have been paid.
Net Income = Total Revenues – Total Expenses
Sales = $78,750
Costs= $1,888
Depreciation expense = $1,567
Interest expense = $1,008
Tax rate = 32%
Gross Profit = Sales - Costs
= $78,750 - $1,888
=$76,862
After reducing depreciation
= $76,862 - $1567
=$75,295
After reducing interest expense
=$75,295 - $1,008
Earning before tax =$74287
After reducing the tax
=$74,287 - $74,287*32%
=$74,287 - $74,287 *32%
=$74,287-$23,771.84
=$50,515.16
Hence Billy's exterminators' net income will be $50,515.16.
It has also been defined as the net increase in shareholders' equity that results from a company's business. It is computed as the residual of all revenues and gains less all expenses and profits for the period. In contrary to gross income, which only deducts the cost of products sold from revenue, it is not gross income.
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when firms use new and better ways of producing every good _____.
when firms use new and better ways of producing every good, the economic growth occur but it is not free.
The economic growth is the increase in the amount of products or services in the particular internal of time period.
The four factors of economic growth is land, labor, capital and entrepreneurship. The three sources of economic growth of accumulation of capital stock, increases in labor inputs such as workers, technological advancement.
The economic growth is divided into three growth to measure the overall growth is trend growth, potential growth, and actual growth.
The correct option is A according to complete question.
The question is incomplete, complete question is here:
When firms use new and better ways of producing every good _____.
a. economic growth occur but it is not free.
b. the opportunity cost of most goods falls to zero.
c. the opportunity cost of producing every goods decreases.
d. scarcity is eliminated.
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How does the price elasticity of supply for Henri Matisse paintings compare with the price elasticity of supply for Damien Hirst paintings? Note that Matisse is deceased, whereas Hirst still lives.
A. Matisse paintings and Hirst paintings likely have the same price elasticity of supply.
B. Matisse paintings and Hirst paintings likely differ in price elasticity of supply in an indeterminate direction.
C. Matisse paintings likely have a higher price elasticity of supply.
D. Matisse paintings likely have a lower price elasticity of supply.
The price elasticity of supply for Henri Matisse paintings compare with the price elasticity of supply for Damien Hirst paintings are "Matisse paintings likely have a lower price elasticity of supply". The correct option is D.
The price elasticity of supply is used to measure the degree of feedback of the product quantity that is supplied to change the price of the given organization.
There are four types of elasticity of supply is relatively less-elastic supply, relatively greater-elastic supply, unitary elastic, and perfectly elastic supply.
That's the reason for the Matisse paintings likely have a lower price elasticity of supply compare with the price elasticity of supply for Damien Hirst paintings.
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(1). Five {5} advantages of manual office equipment
(2). Five {5} disadvantage of manual office equipment
Advantages of manual office equipment:
Low cost
No electricity needed
Durable and reliable
Simple to use and maintain
Portable
Disadvantages of manual office equipment:
Time-consuming and physically demanding
Limited capabilities compared to electric equipment
Inaccurate results
Dependent on operator's skill
Not suitable for heavy-duty tasks
eduardo sold 500 shares of northcutt corporation stock on the new york stock exchange. this transaction: multiple choice took place in the primary market. occurred in a dealer market. occurred in the secondary market. involved a proxy. was a private placement.
500 shares of Northcutt Corporation stock were sold by Eduardo on the New York Stock Exchange. this business deal: Occurred in the secondary market.
What happens in the secondary market?
The secondary market is a financial market where investors can buy and sell securities that have already been issued in the primary market. It is also referred to as the aftermarket. In the secondary market, investors trade securities among themselves, with the price determined by market forces. Investors can buy and sell stocks, bonds, mutual funds, commodities, derivatives, options, and other financial instruments. The secondary market is different from the primary market, which is where the original issuer of the security offers it to the public. In the primary market, the issuer sets the price, while in the secondary market, the price is determined by supply and demand.
The secondary market is important because it provides liquidity for investors, allowing them to buy and sell securities quickly and easily. It also helps to ensure that prices accurately reflect the true value of the security.
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A company uses job costing. Which of the following products would most likely be manufactured at a company that uses job costing? Select all that apply. a) Custom ambulance vehicles manufactured for the Orange County Emergency Services Agency b) Cans of paint c) Boats built to each customer's unique specifications d) Boxes of aluminum foil
A company that uses job costing is likely to manufacture products that are unique and custom-made for each customer. The products that would most likely be manufactured at a company that uses job costing are:
a) Custom ambulance vehicles manufactured for the Orange County Emergency Services Agency
c) Boats built to each customer's unique specifications
These types of products are often one-of-a-kind and require a detailed accounting of the costs associated with each job or project. In contrast, products such as cans of paint or boxes of aluminum foil are mass-produced and do not typically require a job costing system.Since these goods are frequently unique, a thorough accounting of the expenses related to each operation or project is necessary. In contrast, mass-manufactured items like paint cans and aluminium foil boxes don't normally need a job costing system because they are produced in large quantities.
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in contrast, when the term refers to the entire company, it means the total value of the company’s as reported in the firm’s
When the term refers to the entire company, it means the total value of the company’s as reported in the firm’s as the enterprise value.
The enterprise value is the company's value and it is measured by the market value of a business.
The formula to calculate the enterprise value is the sum of market capitalization, preferred stock, outstanding debt, minority interest value, now this value is minus from the cash and cash equivalents.
The worth of the firm's is also known as the net worth or the shareholder's equity. In the net worth the company worth is equal to the total assets is subtract from the total liabilities.
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Marketers cannot control the external environment in which their organizations operate
True
False.
Marketers cannot control the external environment in which their organizations operate is True . because Marketers cannot control external environmental factors such as economic, technological, cultural, legal, and natural events, but can only adapt by monitoring and adjusting their strategies.
The external environment refers to the factors and forces outside of an organization that can impact its performance and decision-making.
These factors include economic conditions, competition, technology, social and cultural factors, and government regulations, among others. Marketers must adapt to and work within the constraints of the external environment, but they cannot control it.
This means that marketers must be proactive in identifying and responding to changes in the external environment, but they cannot dictate the conditions under which they operate. Understanding and adapting to the external environment is critical for the success of an organization and its marketing efforts.
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what are the three sections of the statement of cash flows? please select items in the order shown on the statement of cash flows.
The three sections of the statement of cash flows are Cash flows from operating activities, Cash flows from investing activities, and Cash flows from financing activities.
The statement of cash flows is one of the main financial statements that companies use to provide information on their cash inflows and outflows.
The first section, cash flows from operating activities, provide information on the cash inflows and outflows from the company's normal operations, such as the sale of goods or services, collections from customers, and payments to suppliers.
The second section, cash flows from investing activities, provide information on the cash inflows and outflows from the company's investments in long-term assets, such as the purchase or sale of property, plant, and equipment.
The third section, cash flows from financing activities, provide information on the cash inflows and outflows from the company's financing activities, such as the issuance or repayment of the debt, the payment of dividends, and the purchase or sale of shares of stock.
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organizational departments drag the department name to the corresponding department definition.
Organizational departments drag the department name to the corresponding department definition: Accounting
The measurement, processing, and interchange of financial and non-financial information pertaining to economic entities like corporations and businesses is known as accounting. Accounting, also referred to as the "language of business," quantifies the outcomes of an organization's economic actions and disseminates this data to a range of stakeholders, including investors, creditors, management, and regulators. Accounting professionals are referred to as accountants. Accounting can be categorized into many distinct areas, including cost accounting, management accounting, financial accounting, and tax accounting. The primary focus of financial accounting is on the reporting of financial information about a company, including the creation of financial statements, to the information's external users, including investors, regulators, and suppliers. Focus is placed on information measurement, analysis, and reporting for management's internal usage. Bookkeeping, of which double-entry bookkeeping is the most prevalent technique, is the process of recording financial transactions so that summaries of the financials may be presented in financial reports. Systems for keeping track of finances are called accounting information systems.
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Which of these types of life insurance allows the policyowner to have level premiums and to also choose from a selection of investment options? A life insurance policy that has a level premium but allows the policyowner to choose from a selection of investment options is known as Variable Life.
Variable Life Insurance is a type of life insurance that allows the policyowner to have level premiums and to also choose from a selection of investment options.
This type of life insurance offers the policyowner a great deal of flexibility in terms of their investment options and the ability to control their premiums.
With Variable Life Insurance, the policyowner is able to invest a portion of their premiums in different investment options. These investment options typically include stocks, bonds, and mutual funds.
The policyowner can also choose to invest in multiple different options at the same time. This allows the policyowner to diversify their investments and maximize their potential returns. Additionally, policyowners can adjust their investments over time to better reflect their current needs.
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why must advertising first be to the employees?a. people who provide the service are often the same people who sell the service.b. a firm's communications may reinforce pre existing ideas.c. some quirk in the advertising execution may attract a customer for which the service is not designed.
The concept is Advertising ,is the practice and techniques employed to bring attention to a product or service. The answer is option A.
The people providing the service are often the same people selling it. Putting people first means companies value their people. In return, employees will appreciate the organization.
They tend to come to work happier. Satisfied employees also create satisfied customers.
Advertising is a promotional activity aimed at selling a product or service to a target audience. It's one of the oldest forms of marketing, trying to influence the actions of the target audience to buy, sell, or do something specific.
With a highly personalized message, ads can be niche (targeted to a small audience) or generic (targeted to large audiences).
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Mr. Abu, a Japanese engineer residing in Tokyo, Japan, was contracted by a domestic corporation to assemble in the Philippines an equipment it bought in Japan. He started to work in Japan and spent 10 days there. The assembling job was completed in the Philippines for another 20 days. He was paid P300,000 for his job. How much is the income from Philippine source?
Mr. Abu, a Japanese expatriate engineer who lives in Tokyo, Japan, began working in Japan and then travelled to the Philippines for additional 20 days. Assuming he was paid $10,000 each day in the Philippines, Mr. Abu made $20,000 out of $300,000.
A person who relocates to another country from their country of origin is known as an expatriate. Expats may move for work-related reasons in order to pursue a more lucrative position in an other nation. Expatriates can move abroad temporarily or give up their citizenship in one nation entirely in favour of another. A growing number of people are choosing to retire abroad. When someone renounces their citizenship, the IRS may assess an expatriation tax; this tax is frequently based on the taxpayer's assets or income in the US.
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a typical trend during a recession is that: the unemployment rate falls. the popularity of the incumbent president rises. incomes fall. the inflation rate rises.
During a recession, the typical trend is that the unemployment rate rises, incomes fall, and the inflation rate may fall or remain stable.
What are the common economic indicators used to identify a recession?There are several economic indicators that are used to identify a recession. These indicators can be divided into three main categories: output, employment, and income. The most commonly used output indicator is Gross Domestic Product (GDP), which measures the total value of goods and services produced within a country. A contraction in GDP over two consecutive quarters is often used to signal the start of a recession. Employment indicators, such as the unemployment rate, also provide a signal of the health of the economy. A rise in the unemployment rate indicates a weak labor market, which is often a sign of a recession. Finally, indicators of personal income, such as average hourly earnings and consumer spending, can also provide signals of a recession. A fall in personal income and consumer spending indicates a decrease in consumer confidence, which can be a leading indicator of a recession.
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Which of the following is an example of an economic force in the general environment of business?
a. unemployment
b. inflation
c. interest rates
d. all of the above
d. all of the above. Elements such as interest rates, inflation rates, gross domestic product, unemployment rates, levels of disposable income, and the general growth.
or decline of the economy are included in economic factors. Inflation is an example of an economic factor in the overall business environment. Inflation is defined as a long-term increase in the general price level of goods and services in an economy. This economic factor can have an influence on businesses by raising input costs and making it more difficult for enterprises to sustain profit margins. As a result, in order to remain competitive, firms may need to raise prices, cut expenses, or locate other suppliers. In turn, inflation can have an effect on consumer spending power and demand for products and services, influencing the economy as a whole.
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The government increases unemployment benefits by $1 million and funds it entirely by raising taxes. The absolute value of the government purchases multiplier is 3 and that of the tax multiplier is 2. What is the impact on GDP?
GDP does not change
GDP decreases by $1 million
GDP increases by $3 million
GDP decreases by $3 million
GDP increases by $1 million
The government increases unemployment benefits by $1 million and funds it entirely by raising taxes. So, GDP increases by $1 million.
The explanation is that a change in total expenditures ripples through the economy as households purchase goods from businesses, which then pay their employees and suppliers. Employees and suppliers then purchase goods from other businesses, which then the government pay their employees and suppliers, and so on. The initial adjustment in aggregate expenditures is effectively spent more than once in this fashion. An initial increase in spending repeatedly ripples through the economy and has a greater impact than the initial dollar amount spent. This phenomenon is also known as the expenditure multiplier effect.
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is sol levin running a business "just like any other business," or is his company open to moral criticism? defend your answer by appeal to moral principle.
Sol Levin's business is open to moral criticism because it operates in a market that involves the commodification of a vital human resource - blood. It raises a moral questions about the unequal distribution of resources and the exploitation of vulnerable populations.
Sol Levin's company is not immune to moral criticism due to its business model. By operating in a market that involves the commodification of blood, it raises moral questions regarding the unequal distribution of resources and the exploitation of vulnerable populations.
This kind of activity raises serious questions about the ethics of the industry and it is essential that we engage in meaningful dialogue about the morality of these practices. Sol Levin's company must recognize the ethical considerations involved in their operations and strive to operate with the utmost integrity.
------The given question is incomplete, the complete question is:
"Sol Levin founded Plasma International. He recognized the profit in selling safe and uncontaminated blood. Business was going smoothly until Tampa paper exposed the purchase price of the blood and how much it was being resold for. Blood marketing is nothing new in the U.S. However, an important study compared and contrasted it to the National Health Service in Great Britain which relies on a voluntary system of blood donation. Economist Richard Titmuss argues that commercialized blood market is wasteful of blood and plagued by shortages. Philosopher Peter Singer has elaborated this point and has established a conflict between financial incentives and moral or altruistic conduct in other areas.
Is Sol Levin running a business “just like any other business,” or is his company open to moral criticism? Defend your answer by appeal to moral principle."--------
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The decision to open your own business is a ________ decision, which is made on the basis of ___________
The decision to start your own business is a non-programmed decision based on business creativity.
It is a series of actions taken by managers in an organisation to determine the intended course of action for business objectives and to initiate specific actions. Ideally, business intelligence (BI) and analytics technologies should be used to analyse objective facts and make decisions based on those findings. Making decisions, both large and small, is critical to the success of a business. Decisions are driven by the organization's desire to solve a problem or the need for a potential opportunity. Making informed decisions necessitates gathering relevant information and feedback from key stakeholders.
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T/F process selection is unlikely to occur other than when new products or services are being planned.
The statement process selection is unlikely to occur other than when new products or services are being planned is true because Choosing a technology, processing method.
Process selection is the method that a company selects to use while producing its goods as well as services. It includes things like designing work systems, choosing technology, as well as planning capacity.
Materials must regularly be carried both forward as well as backward. Material handling becomes challenging to automate. Conveyor belts, chutes, as well as other fixed path material handling equipment could indeed be employed, thus material handling was highly expensive.
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while coca-cola originally only produced soda products, it now also owns minute maid orange juice and a variety of other companies. by seeking to attract new customers by offering new products unrelated to soda, which type of marketing growth strategy does this represent?
Coca-Cola gathered data on the soda consumption patterns of people across a range of age groups, as well as on emerging technology for liquid distribution from vending machines
Product development is the growth strategy Coca-Cola employs to take advantage of market prospects for new products. As the name suggests, product development entails creating new products. When a business sees a market for new items, they frequently do this. Coca-Cola is achieving this through taking advantage of the demand for new products and the associated growth prospects. Coca-Cola gathered data on the soda consumption patterns of people across a range of age groups, as well as on emerging technology for liquid distribution from vending machines and the sales of its "fountain" syrup to major restaurant chains for their soda machines. The gathering of this data by Coca-Cola is an illustration of environmental scanning, and the evaluation of its influence on the potential for the new "Freestyler" is an illustration of environmental analysis.
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which+item+in+the+market+leasing+tab+is+subject+to+a+weighted+calculation+based+on+renewal+%?
The weighted calculation based on renewal % that applies in the market leasing tab is the Average Rent Per Sq Ft (ARPSF).
This metric is calculated by dividing the total rent of a lease by the total square footage of the leased space. The ARPSF is then weighted based on the Renewal %, which is the percentage of leased tenants who stayed with the property after their leases expired. The weighted calculation based on renewal % that applies in the market leasing tab is the Average Rent Per Sq Ft (ARPSF). This weighted calculation allows landlords to gain insight into the value of their properties and how successful they have been in retaining their
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five years ago, taco bell purchased a mailing machine at a cost of $218,000. this equipment is currently valued at $97,400 on today's balance sheet but could actually be sold for $92,900. this is the only fixed asset the firm owns. net working capital is $41,300 and long-term debt is $102,800. what is the book value of shareholders' equity?
Shareholders' equity has a $35,900 book value.
How much is a book value worth?Equity in the company is worth $35,900, or $97,400 plus 41,300 less 102,800.In accounting, an asset's book value is its value as expressed by the balance in its balance sheet account. Asset values are determined by subtracting any depreciation, amortization, or impairment expenses from the asset's initial cost. The total value of a company's assets as shown on its income statement is known as book value, and it generally equates to the sum that all investors would get in the event that the company were to be dissolved. Market value, also known as market capitalization, is the company's worth as determined by the entire market price of its outstanding shares.
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what research have you undertaken to help you understand citi and the program you are applying for?
I have analyzed data and information related to Citi and its various programs, including the mission, values, services, and reputation of the company.
Through this research, I gained an understanding of the company's culture and the specific responsibilities and requirements of the program I am applying for. This information has helped me to determine if my skills, experience, and goals align with those of Citi and the program, and has prepared me to effectively communicate my qualifications in my application.I have analyzed data and information related to Citi and its various programs, including the mission, values, services, and reputation of the company.
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ph name two (2) characteristics which differentiate a common carrier from a private carrier.
Private carriers don't promote their availability or willingness to transport the general public; instead, they only travel under special arrangements. On the other hand, a common carrier advertises to the public that it is ready to convey anyone who requests its services.
A private carrier is a company that owns the trucks needed to convey its own cargo. Since it is not its core business, a private carrier does not try to convey the goods of other companies like a common carrier does. A private carrier is different from a for-hire carrier in this regard because it doesn't focus primarily on moving the products of other companies. Semi-trailer trucks are the most common kind of transportation associated with private carriers, although big businesses may also manage their supply chains by running their own ships, railroads, or aeroplanes.
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Complete Question:
Name two characteristics which differentiates a common carrier from a private carrier
what actions should erick peterson take to turn the situation around and prepare for his meeting with chip knight?
Proper communication skills should Erick Peterson take to turn the situation around and prepare for his meeting with chip knight .
An one must speak, listen, watch, and empathize in order to communicate effectively. It is also helpful to be aware of the differences in communication styles for face-to-face interactions, phone calls, and digital communications like email and social media.
Effective communicators share traits like a friendly demeanor, candor in their communication, and the capacity for attentive listening. Whether the news is good or bad, it should always be delivered with empathy while paying attention to the other person. It is essential to comprehend each type of communication and the motivations for its utilization.
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greyson construction has the following account balances at the end of the year. accounts balances equipment $19,000 accounts payable 1,600 salaries expense 26,000 common stock 12,000 land 11,000 notes payable 13,000 service revenue 32,000 cash 4,600 retained earnings ?
If Greyson construction has the following account balances at the end of the year. The retained earnings is $8,000.
How to find the retained earnings?Retained earnings can be calculated as follows:
Total assets = $19,000 + $11,000 + $4,600 = $34,600
Total liabilities = $1,600 + $13,000 = $14,600
Total equity = Total assets - Total liabilities = $34,600 - $14,600 = $20,000
Retained earnings = Total equity - Common Stock - Additional Investments = $20,000 - $12,000 - 0 = $8,000
Therefore the retained earnings is the amount of $8,000.
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why is it important to pursue quality management from a systems perspective
It important to pursue quality management from a systems perspective because It enables a business to satisfy customer expectations, accelerate transformation, and protect its brand.
Quality management involves the activity of keeping an eye on numerous organizational tasks and processes to ensure that the products and services offered and the procedures used to provide them were consistent. It helps the company maintain its intended level of excellence.
It is divided into four key sections: quality planning, quality management, quality control, as well as quality enhancement. Improving the performance of the goods and services as well as the processes used to provide them has been the aim of quality management.
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based on the december 31, year 2, balance sheet, what is the largest cash dividend dakota could pay?
Based on the December 31, year 2, balance sheet, the largest cash dividend Dakota could pay is $ 16,500.
A balance sheet provides an overview of the financial positions of a person or an organisation in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of organisation like the government or a not-for-profit entity. It offers a snapshot of a company's financial situation as of the publication date, showing what it owns and owes.
Costs associated with using utilities including power, water, trash removal, refrigeration, and sewerage are known as utilities expenses. During the accounting periods, the costs are incurred, determined by calculating, and accumulated for, or a payment is made.
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Dacota company experienced following events during 2 years:
Acquired $15000 cash from the issure of common stock.
Paid $15000 cash to purchase land.
Borrowed $5000 cash.
Provided services for $55000 cash.
Paid $2000 cash to utility expense.
Paid 45000 cash to other operating expenses.
Paid $1000 cash dividend to the stockholders.
Determined that the market value of the land purchased is now $16000.
Based on the December 31, year 2, balance sheet, what is the largest cash dividend Dakota could pay?
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bendan needs to summarize all unpaid customer balances. which quickbooks function would be most useful
If Brendan needs to summarize all unpaid customer balances then QuickBooks function that would be most useful is an accounts Receivable aging summary.
What is an QuickBooks?The most widely used accounting programme for small businesses, used to manage earnings, expenses, and track financial health is QuickBooks. Customer invoices, bill payments, report generation, and tax preparation are all possible. Several solutions, including QuickBooks Online, QuickBooks Desktop, QuickBooks Payroll, and QuickBooks Time, are part of the QuickBooks product line and can be used to support various business needs.
The majority of new businesses should use QuickBooks Online, despite the fact that QuickBooks offers a number of other options for accounting software. With a 30-day trial period and no credit card needed, you can either try it for free or receive a three-month 50% discount.
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Complete question:
explained: why coca-cola is under fire for promoting ‘reverse racism’ and ‘anti-white’ rhetoric
The Coca-Cola Company creates the carbonated soft drink Coca-Cola, also referred to as Coke. ccording to total sales, Coca-Cola was ranked as the 87th largest American company on the 2018 Fortune 500 list
In 2013, customers in more than 200 countries consumed more than 1.8 billion servings of Coke per day. [1] A. [2] The "greatest global brand" research by Interbrand placed Coca-Cola as the sixth most valuable brand in the world in 2020. Originally marketed as a temperance beverage, it was developed by John Stith Pemberton in Atlanta, Georgia, in the late 19th century with the purpose of being a patent medication. Asa Griggs Candler was a businessman whose marketing tactics enabled Coca-Cola to dominate the global soft drink industry.
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