A grant, a form of non-equity funding, is expected to be repaid at a predetermined interest rate once a beneficiary firm begins to profit from its operations.
Answer the following statement true (T) or false (F)
False
A grant is a type of non-equity funding to which some businesses may have access. It is simply money designed to help the new business begin operations with no expectation of repayment.
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Which of the following is not a measure of variability?
A. The range B. The midrange C. The standard deviation D. The interquartile range
On the statement of cash flows, cash receipts from interest and dividends are classified as investing activities.
Answer the following statement true (T) or false (F)
Employment tribunals form part of which branch of the UK legal system:
a. civil law b. criminal law c. common law d. social law
Kawamura Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During December, the kennel budgeted for 2,300 tenant-days, but its actual level of activity was 2,320 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fixed Element per MonthVariable element per tenant-dayRevenue - $37.70 Wages and salaries$3,000 $6.10Food and supplies 800 13.40Facility expenses 9,800 4.70Administrative expenses 7,100 0.20Total expenses$20,700 $24.40?The wages and salaries in the planning budget for December would be closest to:
A. $17,942 B. $17,030 C. $17,152 D. $17,787