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ivolga24 [154]
2 years ago
10

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

Business
1 answer:
shusha [124]2 years ago
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.

#SPJ1

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frez [133]

Answer:

A) $8,125

Explanation:

Note Slotkin Products uses the double-declining balance method. Under the double-declining balance method depreciation expense is calculated as :

Annual depreciation expense = 2 x SLDP x BVSLDP

where,

SLDP = 100 ÷ Useful life

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and

BVSLDP = Cost in first year or Book Value for other succeeding years =

therefore,

Annual Depreciation expense = 2 x 12.50 % x $65,000 = $16,250

thus,

Partial depreciation from July 1, 2017 to Dec 31, 2017 - 6 months will be :

Depreciation expense = $16,250 x 6/12 = $8,125

Conclusion :

Depreciation for 2017 is $8,125

7 0
2 years ago
There are two ways to calculate the expected return of a​ portfolio: Either calculate the expected return using the value and di
Arisa [49]

Answer:

Correct Answer:

C. Neither, both calculations give the same answer.

Explanation:

In any given business calculation that is expected to arrive at a particular solution, the solution obtained would always be the same irrespective of the method adopted. <em>For the example, the case of expected return of a portfolio in a business, the calculation would definitely give the same answer when two methods are adopted.</em>

8 0
3 years ago
Which of the following ways people organize themselves has the strongest emotional bond?
a_sh-v [17]
Um it’s probably Primary group but if I’m wrong sorry
5 0
3 years ago
Hearing and listening ___________________.
ivanzaharov [21]

Answer:

b

Explanation:

they happen anyway you can't stop yourself from listening something around you

8 0
3 years ago
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IRISSAK [1]
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3 years ago
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