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1 year ago

Flexible budgets reflect a company's anticipated costs based on variations in? standards. inflation rates. activity levels

1 answer:

3 0

According to changes in actual revenue or other activities, a flexible budget can be adjusted. The end result is a budget that closely matches actual outcomes. This method differs from the more typical static budget, which only lists fixed spending figures that do not change in accordance with real revenue.

Flexible spending plans adapt to activity levels. It is prepared at different output levels. Compared to the static budget, it is more sophisticated.

The flexible budget, at its most basic, adjusts the costs that directly correspond to changes in income. To determine what expenses should be at a given revenue level, the model often includes a percentage that is multiplied by actual revenues. Flexible Budget reflect a company's anticipated costs based on variation on activity levels.

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At the beginning of 2022, KPD Inc has depreciable assets with a financial accounting book value of $100 million and a tax basis

jasenka [17]

Answer:

KPD’s tax expense for 2022 is $9 million.

Explanation:

$ in Millions

Taxable Income (10/25%) 40

Add: Tax basis depreciation (80-74) 6

Accounting Income before Deprecation 46

Less: Accounting Deprecation (100-90) 10

Accounting Income 36

Tax expense (36x25%) 9

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3 years ago

The beginning balance in Common stock and Retained Earnings of Alpha Technologies were $100,000 and $80,000, respectively. The r

Reil [10]

The ending balance in Retained Earnings for Alpha Technologies equals $100,000.

<h3>What is a Retained Earnings?</h3>

This refers to the company's cumulative net earnings or profit after the account for dividends.

The ending Retained Earnings balance are derived by taking the beginning period, adding any net income or net loss, and subtracting any dividends.

Ending Retained Earnings = Beg Retained Earnings + (Revenues - Expenses) - Dividend

Ending Retained Earnings = $80,000 + ($60,000 - $40,000) - 0

Ending Retained Earnings = $100,000

Therefore, the ending balance in Retained Earnings for Alpha Technologies equals $100,000.

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2 years ago

Annuity repayment vs level principal repayment. can you compare these payments methods

andriy [413]

Answer: See explanation

Explanation:

Annuities are referred to as the loans that one would have to pay back over a period of time with a particular interest rate. It should be noted that annuities have consistent payments for the period that the loan will be paid back. An example of annuity is the car loan or the mortgage.

For a level principal loan, it should be noted that the principal payment will remain constant and won't change while there'll be a reduction in the interest rate over the period that the loan will be paid back. This means that there will be w reduction in the payments as the time progresses.

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3 years ago

True or false. Students with a Learners License may not receive a motorcycle endorsement.

Ivenika [448]

This is a true statement.

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3 years ago

Read 2 more answers

ayback Period Payson Manufacturing is considering an investment in a new automated manufacturing system. The new system requires

algol13

Answer:

a) 3 years

b) 5 years

Explanation:

The new system requires an investment of $1,200,000

The payback period is the number of year whereas the cash inflow is equal to the total investment regardless the present value of cash inflow. It means we don't apply any rate in the calculation/

a) if the even cash flows of $400,000 per year, then the payback period is 3 years ($1,200,000 = $400,000 * 3)

b) The following expected annual cash flows: $150,000, $150,000, $400,000, $400,000, and $100,000. And total cash flows in 5 years is $1,200,000 = total investment $1,200,000

The payback period in this case is 5 years.

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4 years ago