Small businesses that are just getting off the ground often have problems with the difference between cash coming into the business and cash going out of the business. For example, if the company allows far too lenient credit sales terms, customers do not pay on time, which could cause cash to come in too slowly. That’s why all businesses must keep a careful watch on their ________. A. recording processes B. asset summarization C. advance payment accounts D. cash flow

Related Questions

• Haden Company has determined that the standard material cost for the silk used in making a dress is $27.00 based on three square feet of silk at a cost of $9.00 per square foot. The production of 1,000 dresses resulted in the use of 3,400 square feet of silk at a cost of $9.20 per square foot. What is the direct material quantity variance?
• On January 1, bonds with a face value of $500,000, an interest rate of 8%, and a 10-year maturity were sold for $530,000. These bonds require semiannual interest payments on June 30 and December 31. The correct journal entry for the June 30 interest payment is as follows: Debit: Interest Expense $20,000 Credit: Cash $20,000 (To record the semiannual interest payment of 4% on the $500,000 face value of the bonds.)
• Employers may review your _______ to learn more about you. A. Phone records B. Health records C. Text records D. Social media websites
• Barter requires that you know the market value of all the goods and services that you want and have to offer. are a member of an established barter network. find a person who has what you want and a person who needs what you have to offer. live in an area where there are people with diverse talents and a market with diverse products. The use of money provides a common value that makes buying and selling transactions simpler as long as there is one currency in use. establishes the value of goods and services. provides a common value that makes bartering transactions simpler. provides a common value that makes buying and selling transactions simpler than would be the case with barter. Consider the statement: "We want money only to part with it." When people express a desire to have money, they really want a larger balance in their checking accounts. to be rich. a better paying job. the goods and services that money can buy.
• Economics tells marketers that consumers' decisions are shaped by the total _____ their products offer.
• Currently, you own 1.2 percent of the outstanding shares of Home Security. The firm has decided to issue additional shares of stock and has given you the first option to purchase 1.2 percent of those additional shares. What type of offer is this?
• The legal positivists argue that a law must be obeyed unless ____.
• The consumer price index compares the cost of goods and services over various years. The same goods and services that cost $100 in 1967 cost $148.50 in 1977. Assuming exponential growth, find the value of these same goods and services in 1999.
• If the marginal cost is greater than the average total cost, then a. profits are increasing. b. economies of scale are becoming greater. c. the average total cost remains constant. d. the average total cost is increasing.
• On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which Andrew does not receive until Thursday. Andrew takes no action when he receives the revocation. Meanwhile Andrew mailed Billy an acceptance on Wednesday that Billy receives on Friday. Is a contract formed, and if so, on what day?