Business, 20.09.2019 22:30 officialrogerfp3gf2s
Selma operates a contractor’s supply store. she maintains her books using the cash method. at the end of the year, her accountant computes her accrual basis income that is used on her tax return. for 2019, selma had cash receipts of $1,400,000, which included $200,000 collected on accounts receivable from 2018 sales. it also included the proceeds of a $100,000 bank loan. at the end of 2019, she had $250,000 in accounts receivable from customers, all from 2019 sales. a. compute selma’s accrual basis gross receipts for 2019. b. selma paid cash for all of the purchases. the total amount paid for merchandise in 2019 was $1,300,000. at the end of 2018, she had merchandise on hand with a cost of $150,000. at the end of 2019, the cost of merchandise on hand was $300,000. compute selma’s gross income from merchandise sales for 2019.
Answers: 2
Business, 22.06.2019 15:00, robert7248
1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)
Answers: 2
Business, 24.06.2019 02:30, amadileaks
"do not put all your eggs in one basket" is an advice that seeks to reduce: idiosyncratic risk non-diversifiable risk systemic risk market risk
Answers: 1
Selma operates a contractor’s supply store. she maintains her books using the cash method. at the en...
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