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vlada-n [284]
2 years ago
14

A man budgeted $200 a month for clothing. This month the man spent $150 on clothing therefore that budget item is considered to

have:.
Business
1 answer:
shutvik [7]2 years ago
8 0

The budget item spent on clothing  is considered to have a budget variance.

<h3>What is budget variance?</h3>

A budget variance is the difference between the budgeted expense or revenue, and the actual amount.

The budget variance is favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget.

Hence, the budget item is considered to have a budget variance.

Learn more about budget variance here : brainly.com/question/13287252

#SPJ1    

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PLEASE HELP!!! ONLY GOOD ANSWERS,
Helga [31]

The sooner you need the money, the less risk you will be willing to take on.

If you have until you retire, you may be more willing to gamble on riskier investments for the potential of bigger returns because if it doesn't work out you will still have plenty of time to make up the loss. However, if you need the money sooner for a car you should only take on a minimal amount of risk.

7 0
3 years ago
Suppose a participant in this experiment was expending $0 worth of effort in studying for each class before the experiment. Over
kow [346]

Answer:

<u>For Maths;</u>

<u>The student would increase time studying for maths.</u>

<u>For English;</u>

<u>The student would increase time studying for English.</u>

<u>Explanation:</u>

This is the case in both cases because there's a certainty that the student earns an A in both cases if he puts in the equivalent  $ amount worth of effort.

The student's ability to adapt to change comes under great test over the next  6 weeks in other to get an A in the math and English classes.

7 0
3 years ago
Which form of transportation is the dominant form of domestic transportation?
otez555 [7]
Car or vehicle should be the answer or try automotive transport
6 0
3 years ago
The internal rate of return (IRR) is that discount rate that equates the present value of the cash outflows (or costs) with the
astra-53 [7]

Answer:

True

Explanation:

The internal rate of return is a measurement utilised in capital planning to appraise the productivity of potential investment. The internal rate of return is a markdown rate that makes the net present worth of all incomes from a specific task equivalent to zero. If the NPV  is zero the project is not feasible and if the NPV is zero or positive the investor should invest in that particular project

6 0
2 years ago
RT is about to loan his granddaughter Cynthia $10,000 for 1 year. RT’s TVOM, based upon his current investment earnings, is 12%,
qaws [65]

Answer:

They should not be able to successfully negotiate the terms of this loan within these parameters.

Explanation:

It has been provided that RT earns 12% on his current investments and would not like to receive an interest rate of less than 12% on the loan he gives.

if RT gives a loan of $10,000 for one year, he would charge an interest rate of minimum 12%.  

Interest = $10,000*0.12

             = $1,200

RT requires $1,200 in interest.

It has been provided that Cynthia earns 8% on her investment.

If she borrows $10,000 and invests the amount for one year, she can earn 8% return on such amount.  

Earning = $10,000*0.08

             = $800

Cynthia is going to earn $800

RT requires a minimum of $1,200 as interest for 1-year loan he gives while Cynthia can pay a maximum of $10,000 as interest for 1-year loan she takes. there is mismatch between the minimum expectation to receive of lender and the maximum expectation to pay of borrower.

Therefore, They should not be able to successfully negotiate the terms of this loan within these parameters.

6 0
3 years ago
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