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JulsSmile [24]
2 years ago
14

a group of detailed budgets and schedules representing the operating and financial plans for the future is called a(n)

Business
1 answer:
GuDViN [60]2 years ago
5 0

A group of detailed budgets and schedules representing the operating and financial plans for the future is called a(n) <u>master </u>budget.

<h3>Which budget is sometimes referred to as the master schedule budget?</h3>

The planning budget and static budget are other names for the master budget. Because it establishes the cost per unit and the anticipated volume of production and sales, it is known as the static budget.

The operating budget and the finance budget are the two main subcategories of the master budget. The projected balance sheet is the result of the financial budget's planning for the utilization of assets and liabilities. The operating budget produces a forecasted income statement and aids in planning future revenue and expenses.

To know more about master budget, refer:

brainly.com/question/15900166

#SPJ4

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One year ago, you purchased 300 shares of Southern Cotton at $32.60 a share. During the past year, you received a total of $280
Harlamova29_29 [7]

Answer:

Total Return on investment=12.678%≅12.68%

Explanation:

Given;

Number of Shares= 300

Purchasing price of each share=$32.60

Total Dividends= $280

Selling price of each share= $35.80

Find:

Total Return on investment=?

Solution:

Total Return on investment=\frac{(Selling\ Price-Purchase\ Price + \frac{Total\ Dividends}{Shares})}{Purchase\ Price}

Total\ Return\ on\ investment=\frac{\$35.80-\$32.60 +\frac{\$280}{300}}{\$32.60} \\

Total Return on investment=0.12678

In Percentage:

Total Return on investment=12.678%≅12.68%

3 0
3 years ago
Which of the following would not be found in a schedule of noncash investing and financing activities, reported at the end of a
Vesnalui [34]

Answer:

purchase of treasury stock

Explanation:

The schedule of noncash investing and financing activities means the activities that belong from the investing and financing section but they are not in cash. In other words, no cash transaction is taken place

Its examples like bond payable is exchange for capital stock, stock is purchased is exchange of note payable etc

So as per the given situation, the above should be the answer

4 0
3 years ago
Repair shops often use a deceptive practice known as bait and switch.<br> a. True <br> b. False
Kryger [21]

Answer:

Explanation:

true

3 0
3 years ago
Accounts receivable represents:_________
coldgirl [10]

Answer:

A. Amounts which are owed to the company by its customers resulting from credit sales.

Explanation:

When the company sells its product to the customers on a credit basis is called account receivable. The amount which is to be sold on credit comes under the account receivable. It is a liquidity ratio which can be converted into cash within one year

This account receivable comes under the current assets side in the asset section of the balance sheet

7 0
4 years ago
1. Graphically illustrate and explain the effects of an increase in the rate of technological progress on the Solow growth model
ch4aika [34]

Answer:

Explanation:

The Solow Growth Model is a short run growth model of economic growth which shows or illustrates the changes in the level of output in an economy over time, as a result of changes in

- savings rate

- population growth rate

- rate of technological progress.

The diagram attached explains the model.

In the short run, increase in technology will increase the output per worker (looking from the microeconomic perspective) and the aggregate output (looking from the macro perspective) in the economy.

This increase in output is later stabilized in the long run.

6 0
3 years ago
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