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1 year ago

Budgeting is the process of planning future business activities and expressing them as?

1 answer:

7 0

From the explanation below, budgeting is the process of planning future business actions and expressing them as a <u>formal plan</u>.

<h3>What is budgeting?</h3>

Budgeting is the process of planning future business actions and expressing them as a formal plan.

Budgeting is said to be expressed as a formal plan because it provides a framework for the financial goals of a company, usually for the following three to five years.

Therefore, budgeting outlines how the formal plan will be executed periodically, taking into account things like revenue, expenses, reduction in debt, and future cash flow.

Learn more about budgeting here: brainly.com/question/18803390.

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Don Howard is a trader who likes to make money based on changes in the foreigncurrency exchange market. Currently the spot rate

IrinaVladis [17]

Answer:

Don profit in the forward market can be USD 48,152.37

Explanation:

Spot rate currently is at 24.0239 MXN/USD

Sell USD forward at 26.5693 MXN/USD

Profit on settlement after 3 months = (Selling price - buying price)*Number of units

Profit on settlement after 3 months = (26.5693 - 25.3487)*1,000,000

Profit on settlement after 3 months = MXN 1,220,600

The exchange rate is expected to move to 25.3487 by Clint

Hence, 1,220,600/25.3487 = USD 48,152.37

Don profit in the forward market can be USD 48,152.37 if hewants to trade USD 1,000,000

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3 years ago

One way that technological innovation has changed business is by decreasing the use of

lutik1710 [3]

Answer: Paper Forms

Reason: Process of Elimination and Educated Guess (Also, I just learned this)

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2 years ago

In some states, judges have cited ________, a value shared by most Americans, in arguing against funding disparities between sch

stiks02 [169]

In some states, judges have cited equality, a value shared by most Americans, in arguing against funding disparities between school districts created by a reliance upon property taxes in education.

The basis of equality thinking was laid by French philosophers such as Voltaire, Rousseau and Denis Diderot. The foundation of egalitarianism can be found in the American Declaration of Independence, which was largely drafted by Thomas Jefferson and which was adopted by representatives of the then 13 British colonies on the American East Coast on July 4, 1776.

Traditional equality thinking is characterized by being equal not only in their rights, but also in their opportunities, rights to opportunities in education and work and all other areas of economic and social life.

Learn more in brainly.com/question/20689314

5 0

2 years ago

An activity that relates to the strategy of transferring risk

Alenkasestr [34]

An example is the purchase of insurance policy. Make sure it's safe before doing it, because you never know what can happen! :3

-Mabel <3

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3 years ago

The Costa Rica Tourism Board proposed a 6 percent tax on airplane travel to pay for a public hospital. A New York University eco

Cloud [144]

Answer: 7.98% or 8%

Explanation:

The price elasticity of demand shows how much quantity demanded changes in response to a change in price.

Formula is:

Price elasticity of demand = Percentage change in quantity demanded / Percentage change in price

1.33 = Percentage change in quantity demanded / 6%

Percentage change in quantity demanded = 1.33 * 6%

= 7.98% or 8%

3 0

3 years ago