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Question 1: Create a funding plan with two parts. Part I should be your ROI or budget. What are you offering? How much will it earn you in year one, year two, and year three? What are your expenses? Separate fixed expenses from one-time expenses. Fixed expenses are like rent, utility bills, wages, and the like. One-time expenses would be business registration, equipment purchases, vehicle, and so on.
Question 2: In Part II, explain how you plan to fund your business. Typically traditional investors like to see it spread out with you personally taking a significant chunk of the risk. Then they want to see your family and friends throw in, and finally they may be willing to chip in. It's okay to be creative here. Be sure you have enough capital to go the year even if your product or service don't take off right away. In some cases you may need to plan even farther out. In the book example above, it's not uncommon for sales to be paid six months after they are made. That means you have to hold on after paying for the book to be printed and shipped for six months before you start to see any money coming back. Plan for what works for your product and service.
Determine the expected net realizable value of the accounts receivable as of December 31 (after all of the adjustments and the adjusting entry).
Prepare any outstanding adjusting journal entries for the year ended March 31, 2013 and post them to the trial balance. Prepare all financial statements in good form for the year ended March 31, 2013.
If total assets increase by 5 percent, will Avon's ROA next period be higher, lower, or the same as in the current period?
You will be performing an analysis of the financial statements of a publicly traded company. To obtain these financial statements. you will need to access http://www.sec.gov/
HI5001 Accounting for Business Decisions - Review the stockholders' equity section in your chosen company's most recent year-end balance sheet and compare that with the previous year-end balance sheet. Compare percentage increase or decrease.
the amount is dependent on whether it reduces his taxable income. If Billy is going to claim the standard deduction, how much should he contribute to a traditional IRA?
Floppy Corp. factored $600,000 of accounts receivable to Floozy Corp. on October 1, 2015. Control was surrendered by Floppy. Floozy accepted the receivables subject to recourse for non payment. Floozy assessed a fee of 3% and retains a holdback equal..
Management estimates the machine will last 8 years and have a salvage value of $35,000. The book value at the end of 20X1 is?
How will the change in accounts receivable be reported in the operating activities section of the statement of cash flows? Manning Co. uses the indirect method to prepare the statement of cash flows.
If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is
Bianca Publishing has a number of investment centers to track on a day-to-day basis. The following represent key figures related to one of Bianca's investment centers for February 2014:
question the subsequent data were taken from the financial statements of whiting enterprises inc. for the current
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