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1 year ago

What is the reason for putting yourself on a budget?

Business

1 answer:

choli [55]1 year ago

7 0

Answer:

Explanation:

Helps you gain control of your finances and helps you achieve goals

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On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,

lubasha [3.4K]

Answer:

$1,157 rounded to the nearest whole dollar

Explanation:

4 0

2 years ago

True or false Historically, unions were considered to be conspiracies against businesses and were prosecuted in the courts.

Blizzard [7]

That statement is true

union could greatly damage a business reputation and productivity. The competition's of a business could be the one that form the union and try to sabotage that business

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3 years ago

The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for th

VLD [36.1K]

According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.

Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.

Hence, in this case, it is concluded that the correct answer is "Financial Manager."

Learn more here: brainly.com/question/24859434

7 0

2 years ago

BSW Corporation has a bond issue outstanding with an annual coupon rate of 5.4 percent paid quarterly and four years remaining u

In-s [12.5K]

Answer:

$820.74

Explanation:

Rate = 11%/4 = 0.0275

Nper = 4*4 = 16

Pmt = 1000*5.4%*1/4 = $13.50

Fv = $1,000.00

Present value of bond = PV (Rate, Nper, Pmt, Fv)

Present value of bond = PV(0.0275, 16, 13.50, 1000)

Present value of bond = $820.74

So, the fair present value of the bond if market conditions justify a 11 percent, compounded quarterly is $820.74

3 0

2 years ago

Last year, Marissa sold 4,010 baskets, and she beliees that demand this year will be stable at 4,010 baskets. The following are

MakcuM [25]

Answer:

4,130 basckets

Raise selling price to $27.84

Reduce variable costs to $16.7

Reduce fixed costs to $$11,400

Explanation:

Breakeven point is th level of sales where business have no profit no loss situation.

Contribution margin = Contribution margin / selling price = ( Selling Price - Variable cost ) / selling price = $27 - $17 = $10

Target Sales = ( Target Income + Fixed cost ) / Contribution margin ratio = ( $28,700 + $12,600 ) / $10 = 4,130 basckets

Selling Price

Selling price = Target Revenue / Number of Units sold = $111,622 / 4,010 = $27.84

Variable cost

Sales volume = ( Target income + Fixed cost) / Contribution margin

4,010 units = ( $28,700 + $12,600 ) / ( $27 - variable cost )

4,010 units = 41300 / ( $27 - variable cost )

$27 - variable cost = $41,300 / 4,010 units

$27 - variable cost = $10.3 per unit

Variable cost = $27 - 10.3 = $16.7

Fixed Cost

Sales volume = ( Target income + Fixed cost) / Contribution margin

4,010 units = ( $28,700 + Fixed cost ) / $10

4,010 x $10 = ( $28,700 + Fixed cost )

%$40,100 = $28,700 + Fixed cost

Fixed cost = $40100 - $28,700 = $11,400

6 0

3 years ago