Depending on when you get paid.
If you get paid every week then weekly.
Most of the time I would say to make a budget weekly just because it is easier to keep track of.
so (C)
Answer:
Option (B) is correct.
Explanation:
Total cash collections in June:
= Cash sales + (62 percent of June credit sales) + (30 percent of May credit sales) + (5 percent of April credit sales)
= $60,000 + ($51,000 × 0.62) + ($37,000 × 0.30) + ($11,000 × 0.05)
= $103,270
Therefore, the total cash collections in June at Feeney Furniture is $103,270.
Answer:
The purposes of the Act and King 111 are, inter alia, to promote compliance with the Bill of Rights as provided for in the Constitution in the application of company law, to encourage transparency and high standards of corporate governance and provide for the balancing of rights and obligations of shareholders
Answer:
The dates for the interest and maturity payments are fixed.
Explanation:
When a company issues bonds instead of stock, one of the disadvantages of doing so is that they have to pay the coupons or the full face value of the bonds at specific dates. Either they pay coupons annually or semiannually, and the face value is paid at maturity.
Since the dates are set beforehand, the company has to have the funds for these payments set aside. Instead, if the company would have issued stock, it would have greater freedom in deciding when and how much it should pay as dividends.
Answer:
Initial Invest= 630,000
Cash Flow 1=228,000/1.12= 203,571
Cash flow 2= 228,000/1.12^2=181,760
Cash Flow 3= (228,000+29000+73000)/1.12^3=234,887
=620,218
NPV= 620,218-630,000= -9,781
Explanation: