Think of a business that you either work at or would like to own.  What long-term assets do they have or would you need to own?

Q: Sean's restaurant, you must deal with a variety of business transactions. Give an example of a…

A: Since we only answer up to 3 subparts, we will answer the first 3. Please resubmit the question and…

Q: Which type of business organization will meet Kerry's needs best? Give arguments to support your…

A: Limited Liability Company (LLC) is a type of company which have limited liability features with…

Q: How much is the Starting Capital/loan when doing a business plan for a coffee shop? (What are the…

A: There's something different altogether to a business than products and office space. Especially…

Q: How did you calculate Net Income from business?

A: Net income from business = Business Revenue - Business expenses

Q: Can a business survive without a business plan?

A: In today's world of economy we would likely to know how important a business in our society.  Most…

Q: A owner is considering factoring to finace its business, explain what isit and what are the…

A: The company is using factoring to finance its business. Factoring involves a financial arrangement…

Q: When planning on starting up a new business create a plan on how you will raise funding for your…

A: One of the common reasons held new businesses failure is the lack of funding. One should keep in…

Q: how much should Hanz carry its investment in Eve?

A: According to IAS -28 Equity method is used for accounting of investment in subsidiaries and Joint…

Q: In building a business where we will earn and then take notes resources used to start and build new…

A: Budget report examination is the way toward dissecting an organization's fiscal summaries for…

Q: Thinking of revenue, expenses, and profits, where should an investor focus their attention on the…

A: Investors are the shareholders of the company, they receive dividend from the profit of the company

Q: What kind of decisions are taken by the users of financial information?

A: Financial information helps the users to know their current amount they have, the amount they can…

Q: Is there a specific reason why someone decides to start a business

A: The term "sole proprietorship" refers to a person who establishes their own company by themselves.

Q: Why are owners interested in the income statement?

A: Introduction: An income statement is a vital part of financial statements. It displays the net…

Q: Life inHow would you determine the amount to purchase? Should it be based on your current financial…

A: Life insurance is a very important insurance tool that each and every individual should take.

Q: about a business wo

A: Before making a loan to a borrower, banks examine the firm's key financial figures. To establish the…

Q: A. The owner invests more money in the business. Type your response here:

A: a) Investing cash in business will increase asset in the form of cash and owner's equity either by…

Q: accounting will help in your personal and professional life

A: Accounting is an often overlooked career, and yet it is a skill that’s used regularly in daily life.…

Q: What was the economic profit or loss of Julian’s online clothing store in 2019? E. Evaluate the…

A: Economic Profit is the Profit earned by any Person after subtracting the actual costs incurred to…

Q: Will you hire an accountant to prepare financial state-ments for your firm?

A: The financial statements of a firm are prepared to calculate the financial position f the firm at…

Q: On with the firm to take over their business assets and assume the liabilities. Profits and

A: Partnership is something made between two or more people joining together by investing their…

Q: What would increase the liabilities of a business entity? Please provide specific examples. 2. What…

A: The liabilities are the amount to be paid by the business in future period.

Q: If the owner of a company pays an amount of interest on a personal loan that he uses to begin his…

A: A personal loan is money borrowed by an individual for any purpose. These are unsecured loans given…

Q: is a large amount of money used for starting a new business Select one: a. Supply chain b. Capital…

A: In order to start a new business, capital is the large amount of money that is required. Capital…

Q: Make an economic statement of your own which has impact as follows in “a” and then journalize that…

A: Economic Statement for • Increase one asset, decrease another asset, and increase a liability.. On…

Q: Assume that you are a financial manager and significant owner of a successful medium-sized business.…

A: SME’s or Small and Medium-sized enterprises are small businesses whose assets, number of employees…

Q: What are the similarities and differences between household and business financial processes for…

A: Both households and businesses have incomes, incur expenses, have cash flows after maintenance…

Q: Question: Besides earning a profit, what other objectives might a business have? How can Accounting…

A: We know that the primary objective of business is to ear profit but besides profit there are some…

Q: Where could you find the total amount of assets, liabilities, and owners’ equity for The Hershey…

A: Financial statements are the source which gives all the reports of company's financial information.

Q: Is it important for an entrepreneur to keep track of profits or cash flow? Explain your answer

A: An entrepreneur is an individual who starts a new company and bears the majority of the risks while…

Q: The value of a business is determined by   a. what a buyer with the cash is prepared to pay.   b.…

A: Business of the owner can be valued by many methods. Generally need for valuation arises when there…

Q: How can we check the Financial Status for Businesses?

A: It is very important for the businessman to check the financial status of the business time to time…

Q: What is the main consideration in starting up a business?

A:

Q: The Income Statement will O indicate how much money the owner invested into their business. indicate…

A: Income statement means the statement which show the cost of goods sold and selling price and give…

Q: What motivates someone to start their own business?

A: The term "sole proprietorship" refers to a person who establishes their own company by themselves.

Q: In which of the following business organization the owners could only lose the money they invested…

A: Answer:   A corporation

Q: To obtain financing for a business, it is important to; a. Offer collateral b. Determine the…

A: In order to obtain a loan for the business, It is important to understand certain things. A person…

Q: if you are a business owner, how can finantial analysis help you? (short explanation)

A: The financial analysis is process to evaluate business on the basis of finance related transactions…

Q: Think through all the assets you own. What would you say is your approximate “net worth” if you were…

A: Net worth is a quantitative construct that is accustomed worth the assets that someone or…

Q: Why are these long-term assets important to the success of your employer or your future business?

A: Long-term assets are the resources of the organization for a significant period. Each organization…

Q: borrower’s personal investment in the operations of a business

A: The correct answer is b. Capital.

Q: How one can help the Financial Accounting Department of a multinational company if he/she is hired?

A: Preparing financial statements, managing the general ledger, paying taxes, billing clients,…

Q: Discuss the need and significance of preparing income statement and start-up investment for any…

A: Income statement is the statement which shows the profit which has been earned by the company during…

Q: What are the checklist on making a business plan

A: A business plan is a roadmap of the business - it reveals the mission of the business and future…

Q: How did taking depreciation expenses help the client in the business manage their assets?

A: Introduction:- Depreciation is a non cash expenditure. Depreciation is charged on fixed assets over…

Q: Case I. The Property Corporation requires funds for its inventory, payment of salaries and wages,…

A: Funds needed for inventory, payment of salaries and wages, payment of utilities and other monthly…