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ahrayia [7]
3 years ago
5

What is the first step in financial planning?

Business
2 answers:
puteri [66]3 years ago
6 0

understanding what you want.

abruzzese [7]3 years ago
3 0
B. Understanding what you want!
You might be interested in
A classic statement regarding project termination and closeout is, "The termination of a project is:
Kay [80]

Answer: a project

Explanation:

A classic statement regarding project termination and closeout is that the termination of a project is a project. This is because during the project termination stage, many other things are still being done. Project termination stage in a project occurs after the completion of the implementation phase whereby the project deliverables have been given to the client.

The main purpose this stage is to know how well the project team has performed, and also to learn lessons for future purpose. During the project termination and closeout, a final project status report will be prepared and every significant variances has to be explained here after which a project review will be done with the stakeholders and the client. So, the project termination and closeout phase is actually another work on its own.

6 0
2 years ago
Read 2 more answers
At January 1, 2016, Sheffield Corp. has beginning inventory of 3000 surfboards. Sheffield estimates it will sell 11000 units dur
denpristay [2]

Answer:

budget sale revenue  = $2,069,760

Explanation:

given data

beginning inventory = 3000

sell  = 11000 units

sales = 12% increase

ending inventory = 25%

surfboard costs = $100

sold = $150

to find out

How much is budgeted sales revenue for the third quarter of 2016

solution

first we will get here budget sales unit for quarter 3 that is

budget sales unit = ( 11000 × 112% ) 112%

budget sales unit = $13798.4

and

selling price is here $150

so

budget sale revenue for 3rd quarter sale is = budget sales unit × selling price

budget sale revenue  = $13798.4 ×  $150

budget sale revenue  = $2,069,760

3 0
3 years ago
The Turquoise Oasis Spa places orders for cases of bath salts through a nearby wholesaler. To summarize several orders worth of
mina [271]

Answer:

grouping the data into bins

Explanation:

Grouping the data into bins-

It refers to the method of grouping the objects according to the classification, into different bins, is referred to as the method of grouping the data into bin.

From the given scenario of the question,

The Turquoise Oasis Spa, classify the orders into various bins, according to the cases 1 to 10 , 11 to 20... and so on, it helps to make the process faster and easy to perform.

Hence, the scenario of the question, is an example of grouping the data into bins.

3 0
2 years ago
Brown Street Grocers has a cost of equity of 11.8 percent, a pre-tax cost of debt of 6.9 percent, and a tax rate of 35 percent.
Nastasia [14]

Answer:

The correct answer to the following question is option E) 9.06% .

Explanation:

Here the cost of equity given is  - 11.8%

Pre tax cost of debt- 6.9%

Tax rate- 35%

So the after tax cost of debt - 6.9% x 65%

= 4.485%

The debt to equity ratio - .6

So the weight of debt - .6 / ( 1 + .06 )

= .375

Weight of equity - 1 / ( 1 + .06 )

= .625

Weighted average cost of capital =

Debts cost x weight of debt + Equity cost x weight of equity

= 4.485 x .375 + 11.8 x .625

= 1.681875 + 7.735

= 9.06%

7 0
2 years ago
covid-19 pandemic of 2020, e-tronics began weighing options for controlling or cutting costs due to lower revenue and profitabil
Oxana [17]

According to the information given in the question,  the best option to pursue would be early retirement.

Early Retirement presents a handy and exceptional way for assembly expectancies of a reduction in force (RIF). A reduction in force (RIF) takes place whilst a function is eliminated with no intention of changing it and effects an everlasting cut in headcount. A corporation may additionally decide to lessen its staff by means of terminating employees or by means of attrition

RIF occurs whilst a company completely eliminates positions. It is distinct from a furlough, wherein an employee's hours are quickly reduced. In the Federal government, layoffs are referred to as a reduction in force movements. When an agency should abolish positions, the reduction in force policies decides whether or not an employee keeps his or her gift position, or whether the employee has a proper to an extraordinary role.

Personnel reduction is a movement to lessen the range of personnel in a branch or in the County typical. Motives for a discount in force may additionally encompass, however, aren't constrained to reduced funding, reorganization, and/or modified workload.

Learn more about Retirement here brainly.com/question/27232329

#SPJ4

6 0
1 year ago
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