Least to greasy would get you started look at the x and y axis two.
Motor vehicle crashes are the. leading cause of death of 15-20 year olds
Answer:
fixed costs = $255,000
variable costs = (15,000 / 17,000) x $216,750 = $191,250
Explanation:
A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.
Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.
Answer:
$455,500
Explanation:
Retained Earnings are profits that have not been distributed as dividends to shareholders. Dividends shared plus retained earning add up the total earnings by a company.
Retained earnings = profits - dividends shared
In the year revenues were $489, 000
expenses were $379,000
profits were $489,000 - $379,000 =$110,000
The dividends paid in the year were $44,500. It means the retained earnings in the year are $65,000( $110,000 - $44500)
Retained earning in the year will be beginning retained earning plus year's retained earnings.
=$390,000 + $44,500
=$455,500
Answer:
Borrowers need capital in order to invest and start businesses. They can be both companies and individuals.
Savers on the other hand have capital and want to grow it so they need to find a way to get it to Borrowers who will then use it to invest.
This is where Financial institutions such as banks and mutual funds come in. They act as intermediaries and collect money from the savers and pool it together so that it becomes a significant amount. Borrowers then go to these institutions and present their plans to justify their need for capital.
If the plans are within an allowable risk threshold, they get the funds and then pay it back with interest as the business progresses thereby making money for both themselves and the savers.