1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PIT_PIT [208]
1 year ago
5

Rashad meets with his company’s accountant to discuss the budget of anticipated and actual expenses for each segment of the orga

nization. this involves review of which type of budget?
Business
1 answer:
attashe74 [19]1 year ago
8 0

The expense budget can be said to be the type of budget that Rashad would have to discuss with the company’s accountant

<h3>What is the expense budget?</h3>

This is what is also called the expenditure budget that an organization or a government have, This is the type of budget that shows the revenue and the capital that they have.

It tries to explain in details the various reasons why there may be a difference between the types of expenditure and the variations that may be seen in the estimates of the budget.

Read more on budget here: brainly.com/question/6663636

#SPJ1

You might be interested in
Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five
andrey2020 [161]

Answer:

1. Calculate the payback period for each product.

  • A = 2.71 years, A is preferred
  • B = 2.8 years

2. Calculate the net present value for each product.

  • A = $60,349
  • B = $83,001, B is preferred

3. Calculate the internal rate of return for each product.

  • A = 25%, A is preferred
  • B = 23%

4. Calculate the project profitability index for each product.

  • A = 121%, A is preferred
  • B = 117%

5. Calculate the simple rate of return for each product.

  • A = 184%, A is ´preferred
  • B = 179%

6B. Based on the simple rate of return, Lou Barlow would likely:

  • 1. Accept Product A, since its IRR is 25% which exceeds the company's  minimum ROI (23%)

Explanation:

                                       Product A               Product B

Initial investment:

Cost of equipment          $290,000              $490,000

Annual revenues and costs:

Sales revenues              $340,000               $440,000

Variable expenses         $154,000               $206,000

Depreciation expense    $58,000                 $98,000

Fixed out-of-pocket

operating costs               $79,000                 $59,000

net cash flow                  $107,000                $175,000

The company's discount rate is 16%.

payback period

A = $290,000 / $107,000 = 2.71 years, A is preferred

B = $490,000 / $175,000 = 2.8 years

using an excel spreadsheet I calculated the NPV and IRR

NPV

A = $60,349

B = $83,001, B is preferred

IRR

A = 25%, A is preferred

B = 23%

Project profitability

A = $350,349 / $290,000 = 1.21

B = $573,001 / $490,000 = 1.17

Simple rate of return

A = $535,000 / $290,000 = 184%, A is ´preferred

B = $875,000 / $490,000 = 179%

5 0
3 years ago
The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of
goblinko [34]

Answer:

Retail Division  = $480,000

Commercial Division = $125,000

Explanation:

<u>Divisional income from operations for the Retail Division and the Commercial Division</u>

                                                    Retail Division     Commercial Division

Sales                                               $2,150,000              $1,200,000

Cost of goods sold                        ($1,300,000)             ($800,000)

Controllable Contribution                $850,000                 $400,000

Less Expenses

Selling expenses                            ($150,000)                 ($175,000)

Allocated Central Costs                 ($220,000)                ($100,000)

Net Income before tax                    $480,000                  $125,000

Calculations :

Allocation of Central Costs :

Retail Division (2,750/ 4,000 ×  $320,000) = $220,000

Retail Division (1,250/ 4,000 ×  $320,000) = $100,000

4 0
3 years ago
On January 1, 2018, Gless Textiles issued $19 million of 8%, 10-year convertible bonds at 101. The bonds pay interest on June 30
Leni [432]
Prepare the journal entries for the issuance of the bonds by Gless and the purchase of the bond investment by Century.
6 0
3 years ago
will pay an annual dividend of $2.25 per share next year. The company just announced that future dividends will be increasing by
snow_tiger [21]

Answer:

= $19.57

Explanation:

Price of the stock (P0) = Div1 / (r-g)

Div1 = next year's dividend = $2.25

r = required return = 12.25% or 0.1225 as a decimal

g = growth rate = 0.75% or 0.0075 as a decimal

Next, plug in the numbers to the formula;

Price (P0) = 2.25/ (0.1225 -0.0075)

Price (P0) = 2.25 / 0.115

= $19.57

5 0
3 years ago
Which of the following should occur when assessing a safety and health program’s effectiveness?
HACTEHA [7]
C. maintain physical protections in work areas.......
3 0
3 years ago
Other questions:
  • Petrus Framing's cost formula for its supplies cost is $1,920 per month plus $11 per frame. For the month of March, the company
    11·1 answer
  • For each hour of production, a certain factory requires 1 assembly line worker for every 25 units to be produced in that hour. T
    10·1 answer
  • in g Management of a local catering company would like the Food Division to transfer 10,000 containers of its final product to t
    5·1 answer
  • Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $64 million as of D
    12·2 answers
  • Why should you include your GPA on your resume?
    7·2 answers
  • Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildi
    10·1 answer
  • Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit): Product A B C Selling
    14·1 answer
  • Trinity College sold season tickets for the 2019 football season for $400,000. A total of 8 games will be played during Septembe
    8·2 answers
  • How can World Literature help a businessman or a top executive in a multinational corporation? Will an interest in books be an a
    5·1 answer
  • One of the purposes of filing the annual updating amendment to the Form ADV Part 1A is to A) provide updated information on thos
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!