How much money does it take to start a business

A company has the following account balances: Sales revenue $2,000,000: Sales Returns and Allowances $250,000: Sales Discounts $50,000: and Cost of Goods Sold $1,275,000. How much is the gross profit rate?

Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $5.20, and each clock sells for $13.00. Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio.

When jeremy completed his study program in the plumber's union hall, he was assigned to work with an older plumber to learn the trade in practice. this method of training is called?

Jonathan loses his job a few months after graduating from college. His parents co-signed his student loans while he was in college. Jonathan wants to defer the student loans until he finds another job.

Bonita Corporation made credit sales of $26,400 which are subject to 5% sales tax. The corporation also made cash sales which totaled $27,195 including the 5% sales tax. Required: a. Prepare the entry to record Dillons' credit sales. b.

A = The amount of tangible assets contributed by the new partner into the partnership B = The amount of capital credited to the new partner C = Total Capital of the partnership before the admission of a new partner D =

Purchased 18-month insurance policy for cash. Prepaid Insurance 2. Paid weekly payroll. 3. Purchased supplies on account. 4.

Shanna, a calendar year and cash basis taxpayer, rents property from Janice. As part of the rental agreement, Shanna pays $8,400 rent on April 1, 2018, for the 12 months ending March 31, 2019. a.

True or false? a. the total public debt is more relevant to an economy than the public debt as a percentage of gdp. b. an internally held public debt is like a debt of the left hand owed to the right hand. c.

Which statement about stakeholders is BEST? 1. Stakeholders are external to a company. 2. Stakeholders can potentially impact project development. 3. Stakeholders wield considerable power. 4.