Analyse the implications to Mr Flake’s business if: In May and June Mr Flake fell ill and he had to pay somebody else £1200 a month to run the business as well as himself? Answer: He received 6 more party bookings for September?

Answers

Answer 1

Answer:

1. Paying somebody else and himself represent cash outflow.

2. Party bookings represents forecasted cash inflow.

Explanation:

Remember, a cash flow shows where money is coming from into the accounts of a business and where money goes to from the accounts of the business. Inflows represent credit transactions into the business account, while the outflows represents debit transactions to external sources.

Thus, paying somebody else £1200 a month to run the business as well as himself (Mr Flake) both represents outflow of cash from his ice-cream business. But the 6 more party bookings for September represents cash inflows since he will be receiving a pay from the clients.


Related Questions

Kyei weighed half the total weight of his two brothers. his two brothers be weighed 44 1/2kg and 32 1/2kg.what was kyei's weight

Answers

Answer:

Kyei's weight = 38.5 kg

Explanation:

Given:

Kyei's brother's weight = 44.55 kg and 32.5 kg

Find:

Kyei's weight.

Computation:

⇒ Kyei's weight = Sum of Kyei's brother's weight / 2

⇒ Kyei's weight = [44.5 + 32.5] / 2

⇒ Kyei's weight = [77] / 2

⇒ Kyei's weight = 38.5 kg

If a firm belives tht some of its debtors may default and it should act on this by making sure tht all possible losses are recorded in the books this is an example of which concept

Answers

Answer: Conservatism

Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.

Carmax is a national chain that sells used cars. the likely impact of its arrival in the market would be to _____. everything else held constant, this would likely _____ the price of used cars.

Answers

Answer:

1. shift the supply of used cars to the right

2. lower

Explanation:

1. With carmax's arrival in the market this has caused the number of sellers to increase thereby shifting the supply curve to the right. An increase in the number of sellers increases the quantity supplied at each price.

2. Since the supply of used cars have increased and demand remains the same, there will be a surplus in the market for used cars resulting in lowered prices of used cars.

your total debt from all loans should not exceed what percentage of your gross monthly salary?
a) 16%
b) 26%
c) 36%
d)40%

Answers

Answer: The answer is c) 36 percent

Explanation:

years will be to the
On a timeline, a goal that will be achieved in
right of one that will be achieved in
years.
A. 16; 12
B. 8; 16
C. 12; 16
D. 8; 12

Answers

This question is a bit disorganized and incomplete; here is the complete and organized question:

On a timeline, a goal that will be achieved in _____ years will be to the right of one that will be achieved in _____ years

A. 16; 12

B. 8; 16

C. 12; 16

D. 8; 12

The correct answer is A. 16; 12

Explanation:

The purpose of a timeline is to represent a set of events during time by placing these on chronological order from left to right. This means in the case of goals, these will be organized from the goal that is closest in the future to the one that will take the most time. For example, if one of the goals is to buy a house in 10 years, this should be placed to the right of goals such as getting a degree in 2 years or buying a car in 3 years. Thus, a goal that takes 16 years should be placed to the right of a goal that takes 12 years in a timeline.

Answer: 14;10

Explanation:

A p e x

Dexter has recently joined an organization. His trainer, ken asks dexter to follow certain processes to complete his work faster. Dexter follows the processes without questioning ken. Which one of Aristotle's elements of good communication is being exemplified in the communication between dexter and ken?

Answers

Answer:

Ethos

Explanation:

Ethos is one of the three Aristotle's elements of good communication that is based on credibility. It explains the reason why a listener should believe what you are saying to them.

This can also come as a result of ones position and in the environment where he is communicating or because of his expertise and skills and knowledge in the subject of communication which actually convince the listeners that you are more knowledgeable.

Ken's position as Dexter's trainers makes allows his credibility to Ken.

Answer:

Ethos

Explanation:

Answered it right on edmentum

what is organic manure? how can it help to farmer. Ans from class 8

Answers

Answer:

manure that is from decayed plaint and animal matter, helps crops consume more nutrients.

Explanation:

organic manure is derived from decayed plant/animal matter. Inorganic manure, exclusively now referred to as fertilizers, are chemicals produced by controlled chemical processes. manure increases organic carbon in soil and thus leads to higher organic matter in soil. organic matter is the soil fertilities assessment index. If there is enough organic matter in the soil, there would be more microbe development, so crops will consume more nutrients from the soil.

hope this helped!

The colonial government never made any sincere attempt to estimate India's National and per capita income. However some individual attempts were made to measure such incomes. Which among those individual attempts of estimates of national income and per capita income was considered very significant?

Answers

The correct answer to this open question is the following.

Among those individual attempts of estimates of national income and per capita income that were considered very significant to estimate India's National and per capita income in the colonial government, are the following.

Those important individual attempts belong to people like William Digby, Findlay Shirras, Dadabhai Naoroji, R.C. Desai, and VKVR Rao. From the British perspective, there was no real interest in the measurement of this economic indicator because what was important for the British government was to fulfill its economic and political interests such as the exploitation of natural resources and raw materials that were sent to England to be transformed in the fabrics and industries of London. The development or growth of India was never a goal.

If motorcycles have elastic demand, how would a small increase in price affect demand for motorcycles?

Answers

Answer:not much

Explanation:

If it's elastic then i switchs

What does the Paradox of Value explain

Answers

Answer:

The paradox of value (also known as the diamond–water paradox) is the contradiction that, although water is on the whole more useful, in terms of survival, than diamonds, diamonds command a higher price in the market.

Explanation:

Which of the following is NOT a type of bank or banking system? Northern Credit Union Central Commercial

Answers

Answer:

Credit union

Explanation:

A credit union is technically not considered a bank, unlike the other answer choices, because credit unions are not-for-profit. Banks, of course, take te money in checking accounts and use it for their own ends, but credit unions are just groups that provide mutual benefit to those who use them.

Why is it important for insurance companies to have a large pool of people paying premiums?

Answers

Answer:

The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.

It is important for insurance companies to have a large number of people paying premiums in order to have the higher costs than the needy would have to be offset by the lower costs of the less needy.

If a risk pool is larger than it is, it is very helpful because it would make the premiums to be more stable as well as to be more predictable.

Pooling is very beneficial due to the fact that the cost of health care could be high and they could lead to significant costs. Risk pooling would help to ensure that those that are in need would be able to afford it when necessary.

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“A” represents the new quantity supplied, while “B” represents the new quantity demanded. What is the result of these changes?

equilibrium
supply shift
excess demand
excess supply

Based on this graph, what should happen to prices?

They should fall.
They should rise.
They should stay the same.

**PLEASE INCLUDE AN EXPLANATION!!

Answers

The result of the changes in the new quantity demanded and supplied would be called as:

d). Excess supply

On the basis of the graph, the price of the good would:

a). They should fall.

Demand and Supply

As represented by A and B, the increase in the price of the product would cause a fall in the demand of the product's quantity. As per the law of supply, the producers are willing to sell more goods at a higher price. While the law of supply states that the consumers demand the lower amount and therefore, the supply becomes excess, leading the price to fall.

Thus, options d and a would be the correct answer.

Learn more about "Demand" here:

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Answer:

first one: excess supply

second one: they should

Explanation:

A down payment is usually what percentage of the asking price of a home?
05 percent
5-20 percent
20-50 percent
50-75 percent​

Answers

A down payment is usually what percentage of the asking price of a home is 5-20 percent. People take out a loan to cover the remainder of the purchase price of the Home.

What is down payment?

A down payment is a sum of money given by a buyer at the beginning of the buying process for a costly item or service.

Because the down payment is only a portion of the total purchase price, the buyer will almost certainly need to borrow the balance.

Thus, option B is correct.

For more details about down payment, click here:

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#SPJ2

Answer: B or 5–20 percent

A down payment is usually what percentage of the asking price of a home?

0–5 percent

√5–20 percent

20–50 percent

50–75 percent

Explanation:

Is South Korea one of the fastest-growing Asian country​

Answers

Answer:

yes, it is

Explanation:

It has one of the largest economies in the world

Indeed it does it’s rapidly gaining strength and is getting richer by the day

Which of the following has the largest impact on opportunity cost?
consumer wants
tight deadlines
consumer needs
limited resources

Answers

Answer: Limited resources

Explanation: Limited resources means there is less resources available to the consumers. Scarce resources causes firms to make a choice resulting in opportunity cost. If the consumers money and attention is limited then they must make trade offs.

Answer:

Limited Resources :)

Explanation:

Just took the test.

Note:

You can do it!

Swain company manufactures one product, it does not maintain any beginning or ending inventories, and its uses a standard cost system. the company's beginning balance in retained earnings is $65,000. it sells one product for $170 per unit and it generated total sales during the period of $603,500 while incurring selling and administrative expenses of $54,500. swain company does not have any variable manufacturing overhead costs and its standard cost card for its only product is as follows:

Answers

Answer:

Budgeted COGS = $134 x 3,550 units = $479,250

Actual COGS = $482,151.42, so the total variance was $2,901.42 U

                    Swain Company

                   Income statement

Total revenue                                       $603,500

COGS:                                              ($482,151.42)

Direct materials $217,925.67Direct labor $14,300.75Fixed overhead $249,925                            

Gross profit                                       $121,348.58

S&A expenses                                     ($54,500)  

Net profit                                           $66,848.58

Retained earnings = $65,000 + $66,848.58 = $131,848.58

Explanation:

retained earnings $65,000

total sales $603,500

number of units sold = $603,500 / $170 per unit = 3,550 units

selling and administrative expenses $54,500

materials quantity variance = (actual quantity - standard quantity) x standard price = $9,250 favorable. This means that the company used fewer materials than budgeted: -$9,250 = (actual quantity - 24,850) x $9

actual quantity used = (-$9,250 / $9) + 24,850 pounds = 23,822.22 pounds less

materials price variance = (actual cost - standard cost) x units purchased = $3,525 U. This means that the company paid $3,525 more for materials than it had estimated: $3,525 = (actual cost - $9) x 23,822.22 pounds

actual cost = ($3,525 / 23,822.22 pounds) + $9 = $9.148 per pound

*the only way 2 labor hurs x standard cost = $1, is that standard cost = $0.50

labor efficiency variance = (actual hours - standard hours) x standard rate = $6,725 = (actual hours - 7,100) x $0.50:

actual hours = ($6,725 / $0.50) + 7,100 = 20,550 hours

labor rate variance = actual hours x (actual rate - standard rate) = $4,025 = 7,660.42 hours x (actual rate - $12):

actual rate = ($4,025 / 20,550 hours) + $0.50 = $0.6959

fixed overhead budget variance = actual fixed overhead - budgeted overhead = $1,425 U = actual fixed overhead - $248,500:

actual fixed overhead = $248,500 + $1,425 = $249,925

actual fixed overhead per unit = $249,925 / 3,550 = $70.4014

fixed overhead volume variance = (actual hours - standard hours) x actual fixed overhead per unit = -$6,000 F = (actual hours - 3.5 hours) x $70.4014:

actual overhead hours = (-$6,000 / $70.4014) + 12,425 hours = -85.23 + 12,425 = 12,339.77 hours

Devon forgets to pay her credit card bill for three months. What is the impact of her forgetfulness? (choose ALL correct answers) *A late payment fee will be charged to her account *A balance transfer fee will be charged to her account *Her A.P.R. (interest rate) will rise to 30.24% until she pays back the amount she owes. *Her A.P.R. (interest rate) will rise to 30.24% and stay there until she makes six consecutive minimum payments

Answers

Answer:

A late payment fee will be charged to her account.

Explanation:

As mandated by law one is expected to pay outstanding credit card balances within a 21 days period after which you may face additional charges and restrictions.

Since in Devon's case she forgot her credit card bill for up to three months her account would have already been charged a late payment fee from the very first month and this fee will continue to increase in line with the Credit CARD Act of 2009.

1 point

10. In reviewing your account statement, you see a Balance Transfer Fee.

Based on the information you see in the statement, what would be the fee

if you transferred $3,000 from another credit card? *

Answers

Answer:

Find attached statement and the question which question number 10.

The correct option is C,$90

Explanation:

In the statement you would notice that the balance transfer from another credit card was $785,upon which balance transfer levy of  $23.55 was  charged(Section 7)

Intuitively, the percentage of balance transfer charge is $23.55 divided by the amount of balance transfer i.e $785

balance transfer charge(%)=$23.55/$785=3%

However, if the balance transfer were $3000,the charge is 3% of $3000 i.e $90 ($3000*3%).

The correct option then is C,$90

Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $11,300. He is single and claims 1 deduction. Before this payroll, Barrett’s cumulative earnings were $128,070. (Social Security maximum is 6.2% on $128,400 and Medicare is 1.45%.) Calculate FIT by the percentage method. (Use Table 9.1 and Table 9.2) (Round your answers to 2 decimal

Answers

Answer:

1) social security taxes = (accumulated earnings - social security maximum) x 6.2% = ($139,370 - $128,070) x 6.2% = $700.60

2) medicare taxes = monthly earnings x 1.45% = $11,300 x 1.45% = $163.85

3) in order to calculate federal income taxes, I used the 2019 tables and allowance:

2019 allowance = $350 per person

monthly paycheck between $7,333 - $13,710

must withhold $1,198.46 plus 24% in excess of $7,333

federal income taxes under percentage method = $11,300 - $350 (1 monthly allowance 2019) = $10,950

$1,198.46 + [($10,950 - $7,333) x 24%] = $1,198.46 + $868.08 = $2,066.54

For 2020, there are no more personal allowances.

The management of company B believes that money is the only way to motivate employees. Do u agree.justify ur answer?pls

Answers

Answer:

There are actually two answers to this question its a Yes and a No

Explanation:

The reason is some employees are realistic enough to be encourage by words WHILE some others believed to be encouraged by money but from my POV I think no

What companies are affected badly by corona?

Answers

Answer:

mostly food companies

Explanation:

food companies are basically struggling alot!

Vivienne has four files she needs Bill to review. She sends Bill the file path to
where the files are saved on the server. When Bill opens the folder, he sees
the following files:
Section 1_final.docx
Section2_final vv.doc
Section3_v2.docx
section 4_final.doc
Bill sees that Vivienne may benefit from some tips about file organization.
Which of the following would be the most helpful tip?
A. The filenames should always contain Vivienne's full name.
B. The filenames should not distinguish between the different
sections.
C. The files that are not yet final should be stored separately from
files that are final.
D. The files should all be the same file type.

Answers

Answer:c: the files that are not yet final should be stored separately from files that are final

Explanation:just took the test

Answer:

C

Explanation:

A company in Maine sends lobsters to France What is Maine doing? Select three options​

Answers

Answer:

Following are the answer to this question:

Explanation:

Some information is missing in the question. So, the correct choices can be described as follows:

i) practicing international trade

ii) exporting products

iii) participating in globalization

Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine.  It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.

Answer:

B. practicing international trade

C. exporting products

D. participating in globalization

Alias Shipping negotiate the purchase of trucks with a supplier of delivery vehicles. Alias sets it's is reservation price at 1,750,000, 000. The supplier will not sell the vehicle for less than 2,250,000 what is the ZOPA?

Answers

Answer:

There is no ZOPA.

Explanation:

ZOPA here refers to the price range that is agreeable by parties to an ongoing deal, in which both negotiating parties feel satisfied.

Note that, it is possible for there to be no ZOPA when the lowest possible price by the seller is far greater than the price offered by the buyer.

In this case Alias Shipping the buyer has a reservation price that is very much lower than that of the seller thus leading to no ZOPA.

Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's shares on December 31, 20X3, for $1,000 per share in a transaction that Pam treats as an exchange for tax purposes. Comet has total E&P of $250,000 on December 31, 20X3. What are the tax consequences to Comet because of the stock redemption?

Answers

Answer:

Comet's E&P will decrease by $50,000 due to the exchange.

Explanation:

50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).

Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.

When Coca-Cola purchased first a part and then all of Honest Tea, what would have been appropriate ways to help this change be successful? Select all that apply. A: To the extent that Honest Tea began using Coca-Cola's payroll and expense reimbursement systems, train employees on these systems. B: Conduct team-building exercises to help groups of employees from Coca-Cola and Honest Tea communicate effectively and address conflict. C: Survey Honest Tea employees to identify sources of anxiety and conflict related to the acquisition. D: Use a change agent to freeze Honest Tea's very successful culture before Coca-Cola could have any impact.

Answers

Answer:

The most applicable choices in the order of importance are

C, B then A. Of course, they have to be applied at various stages of the acquisition.

Explanation:

C should have occurred (if possible) before the acquisition. Usually, when there is a major acquisition such as the one described above, it comes with good and bad tidings.

In some cases, especially one involving a large and efficient system like Coca-Cola, many positions become redundant.

In other cases, people are worried if their compensation will be affected. There are usually questions such as:

Will my compensation be reviewed upwards or, downwards?Will my insurance or 401K be affected adversely? e.t.c.

Thus, executing a survey of Honest Teas' employees to identify such sources of anxiety and conflict related to the acquisition with the goal to address them constructively, will help the change to be successful.

Option B is one strategy that ought to have been executed upon the conclusion and official announcement of the acquisition exercise. This is the most crucial and maybe the most important part of the acquisition/takeover process.

This is true especially if there is going to be changes in management,  communication styles, and the culture.  Other benefits of team building excercises are, it increases and or improves:

ProductivityMoraleStaff Motivation andCommunication all of which are critical to the success of any organisation.

Option C: On the balance of probability, it is expected that when a bigger company like Coca-Cola acquires a smaller one, the process comes with a lot of benefits. One of such benefits is the payroll upgrade.

After all is said and done, it will serve to boost the motivation and morale of the staff if Honest Tea began to use Coca-Cola's payroll which is likely to be more robust.

Because Cocal-cola is an older, more experience and more global company, it is more likely to have more efficient reimbursement systems. If these are inculcated into the Honest Tea process, with adequate training on how to use it, it will also serve to ensure homogeneity of systems and operations which is critical to the success of an acquisition.

Cheers!

what is affiliate marketing?

Answers

Answer:

Member showcasing could be a sort of performance-based promoting in which a commerce rewards one or more associates for each guest or client brought by the affiliate's claim promoting endeavors. Partner promoting is the method of gaining a commission by advancing other people's (or company's) items. You discover a item you like, advance it to others and win a bit of the benefit for each deal merely make.

Answer:

Affiliate marketing is a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.

Explanation:

You want to buy a new ski boat 2 years from now, and you plan to save $6,400 per year, beginning one year from today. You will deposit your savings in an account that pays 6.2% interest. How much will you have just after you make the 2nd deposit, 2 years from now?

Answers

Answer:

Total Amount after 2 years = $13196.8

Explanation:

Data Given:

Amount of savings per year = $6400

Interest rate = 6.2%

Find Total Amount in account after 2 year:

Solution:

Lets consider it step by step.

Amount of money deposited in account after 1 year = $6400

After 2 years, we earn 6.2% interest on $6400,which is:

[tex]\frac{6.2}{100}\cdot6400= 396.8[/tex]

So, after 2 years, BEFORE the 2nd deposit, we have $6400 + $396.8 = $6796.8 in the account.

AFTER 2nd deposit of $6400, total amount we have in account is:

Total Amount = $6796.8 + $6400 = $13196.8

.WHAT ARE THE MERITS AND DEMERITS OF MNC

Answers

Explanation:

Merits

1. it has created a competition through which large varieties of a single goods is available in the market.

2. for the home country, it has lessens the dependence on import and lead to economic development by providing new jobs opportunity .

Demerits

1. in some host Nation, the appearance of MNC can regulate competition and main event create a monopoly .

2. workers in the MNCs are paid on an irregular bases and they are often laid off without any payment during the time of recession .

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Critique the statutory mathematical disbursement of estate any person who dies intestate under the intestate succession law 1985(PNDCL 111) when costprice and selling price is given how to calculate weather it is loss or profit? Bookmark question for later Zoey is the CEO of a corporation she organized herself, and the corporation has 15 shareholders. The company operates in several states, as well as outside of the U.S. Her business consists mostly of training services for in-home medical care personnel. Her company would be a __________ corporation What is the value of x? Judy just calculated the standard deviation for a project she is working on. The value for the standard deviation is a small number. What does this represent?The data is spread far from the mean.The data is spread close to the mean.The data is spread equal to the mean.None of these choices are correct. Find the number that makes the ratio equivalent to 2:3.6: ___ When World War II ended in Europe in 1945, thevictorious Allies, as part of the peace treaty, dividedGermany into four parts-one each for the United States,England, France, and Russia. The Soviet Union gainedcontrol of the eastern part of the country, while the otherthree Allied nations controlled the western part.-The Dark Game,Paul JaneczkoRead the passage .then use the drop down menus to answer the questions . What is the tone of the passage? Imagine that the word divided in the first sentence werechanged to tore. How would the tone change? Juan recorded the number of pages each student read this week. His data are shown: 73, 79, 81, 50, 72, 112, 83, 76, 75, 80, 81 How many outliers do Juans data have? a.0b.1c.2d.3 Use the table of values to find the line of regression and if justified at the 0.05 significance level, use it to find the predicted quality score of a TV set with a price of $1900. 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Sixty percent of customer accounts are collected in the month of sale; 35 percent are collected in the following month. Uncollectibles amounting to 5 percent of sales are anticipated, and management believes that only 20 percent of the accounts outstanding on December 31, 20x0, will be recovered and that the recovery will be in January 20x1.Seventy percent of the merchandise purchases are paid for in the month of purchase; the remaining 30 percenare paid for in the month after acquisition.The December 31, 20x0, balance sheet disclosed the following selected figures: cash, $100,000; accounts receivable, $255,000; and accounts payable, $84,000.Mary and Kay, Inc. maintains a $100,000 minimum cash balance at all times. Financing is available (and retired) in $1,000 multiples at an 8 percent interest rate, with borrowings taking place at the beginning of the month and repayments occurring at the end of the month. Interest is paid at the time of repaying principal and computed on the portion of principal repaid at that time. Additional data: January February MarchSales revenue $630,000 $ 720,000 $ 735,000Merchandise purchases 450,000 480,000 600,000Cash operating costs 111,000 90,000 153,000Proceeds from sale of equipment 33,000Required:1. Prepare a schedule that discloses the firms total cash collections for January through March.2. Prepare a schedule that discloses the firms total cash disbursements for January through March.3. Prepare a schedule that summarizes the firms financing cash flows for January through March. Which best represents Alfred Thayer Mahans position on US imperialism in the late 1800s? Maintaining a strong navy was important for defense, rather than using resources for colonization. Choosing not to establish colonies would prevent the need for a strong navy, saving US resources. 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