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jonny [76]
2 years ago
11

Julia started a cake decorating business last year. Unfortunately it failed quickly. She is convinced that she lacked the necess

ary funds to promote her business and get it off the ground What did Julia experience? A) inadequate financial control B) undervalued inventory C) undercapitalization D) a cash flow issue
Business
1 answer:
Alex73 [517]2 years ago
5 0

Answer:

C) undercapitalization

Explanation:

Clearly, Julia's cake business was undercapitalized, since she failed in the bare start. The undercapitalization issue is often associated with financial beginnings, when having the right sources of capital is crucial. Startups face significant initial costs and therefore need secure capital to cover them.

A cash flow issue is more common with businesses that are already up and running, but face challenges regarding paying debtors.

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The actual cash received during the week ended October 31 for cash sales was $23,447 and the amount indicated by the cash regist
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Explanation:

Data given in the question

Actual cash received = $23,447

But the amount indicated on the cash register is $23,457

So, by considering the above information, the journal entry is as follows

Cash $23,447

Cash short and over $10

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(Being the cash receipts and the cash sales is recorded)

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2 years ago
Derst Inc. sells a particular textbook for $140. Variable expenses are $25 per book. At the current volume of 6,000 books sold p
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Answer:

Option (B) is correct.

Explanation:

Given that,

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The break even point indicates that there is no profit or loss incurred at the sales.

This means that the sales revenue is equal to the total cost incurred to produced these goods.

Sales per unit - Variable cost per unit - Fixed costs per unit = 0

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$115 = Fixed costs per unit

Therefore, the total amount of fixed cost is calculated as follows:

= Fixed cost per unit × Number of books sold

= $115 × 6,000

= $690,000

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2 years ago
Evans' rule says that if n = 50 you need at least 5 predictors to have a good model.
olya-2409 [2.1K]
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In the case of dormant cracks wider than about 1m, it is more economical to use ____________
Bad White [126]

Answer:

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In the case of dormant cracks wider than about 1m, it is more economical to use grouting method.

Grouting techniques is a techniques that is achieved by removal of dirt or unwanted substance from the crack of the the faulty part and then grouting of the crack after which the surface is sealed by sealants. It should be noted that grouting is economical than other methods such as surface treatment.

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Where does the management accounting function fit into an organization's structure?
LUCKY_DIMON [66]

Management accounting is the process of measuring and analyzing financial and non-financial information that is relevant to the company.  This is an important part of the Controller’s function in an organization since the Controller directly reports to the chief financial officer. The report contains pieces of information which contributes in making strategic decisions to achieve the goal of the organization. 

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