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Evgen [1.6K]
3 years ago
7

In a flexible budget performance report _____.

Business
1 answer:
natulia [17]3 years ago
3 0

Answer:

b. the budget is adjusted to the actual activity for the period.

Explanation:

A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance.  The report shows the difference between the actual results and the estimated numbers.  Management uses the report to determine if the company's results were in line with management expectations.

The performance report is prepared at the end of a financial period.  It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period.  The report helps the management identify the companies strong areas, and the sections that need improvements.

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Explanation:

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4 years ago
Your pharmaceutical firm is seeking to open up new international markets by partnering with various local distributors. The diff
Afina-wow [57]

Answer:

Case 1 = $420 million

Case 2 = $280 million

Case 3 = $350 million

Explanation:

As per the data given in the question,

Annual value by one distributor = $420 million per year

Annual value by two distributor = $560 million per year

Case 1)

The marginal value of first distributor is more than second  

So when negotiating the value, it is = $560 million - $420 million = $140 million

and this value would be distribute between both. so each will get = $140 million / 2 = $70 million

and you would expect to capture $420 million of this deal

Case 2)

As distributors are run by government, so negotiation will be done with both the distributor at same time and margin would be $560 million and you would be grabbed = $560 million ÷ 2 = $280 million

Case 3)

In this case marginal amount of contact = $560 million - $140 million = $420 million

and half of it = $420 million ÷ 2 = $ 210 million, which is the amount to be offered  

and you would expect to grab the remaining amount = $560 million - $210 million  

= $350 million

7 0
3 years ago
A lawyer believes that the probability is .3 that she can win a discrimination suit. If she wins the case, she will make $400,00
Ede4ka [16]

Answer:

her expected gain is $45,000.

Explanation:

If she wins

She will make = $400,000

Probability of winning = 0.3

Expected income = $400,000 x 0.3 = $120,000

Cost on the cash = $75,000

Expected gain = Expected income - Cost  = $120,000 - $75,000 = $45,000

If she loses the case she has to bear the cost incurred to prepare the case. So, the probability on the cost side is 1 but probability on the income side is 0.3 so we calculated the 0.3 probable income which is $120,000 after deducting the cost the lawyer will have expected gain of $45,000 only.

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3 years ago
A real estate broker pays $50 to a life insurance broker for each referral that goes to closing. This arrangement is:
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3 years ago
Failure to accrue interest expense results in A. an overstatement of net income and an understatement of liabilities. B. an unde
Simora [160]

Answer:

A. an overstatement of net income and an understatement of liabilities.

Explanation:

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