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77julia77 [94]
4 years ago
9

Shorter-term cash budgets (such as a daily cash budget for the next month) are generally used for actual cash control while long

er-term cash budgets (such as a monthly cash budget for the next year) are generally used for planning purposes. True or False?
Business
1 answer:
sleet_krkn [62]4 years ago
5 0

Answer:

The statement is true

Explanation:

Short term cash budget focuses on short duration mostly within one to three months while long term cash budget focuses on cash inflow and outflow for a longer duration which is one year.

Short term cash budget ensures liquidity of an organization whether it has funds to meet immediate requirements so it basically helps in controlling cash inflows and outflows.

Long term cash budget helps in decision making and planning future investments as it is reviewed periodically.

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"What are the results of a contractionary monetary policy, which intends to slow down the economy, and what are not? You are cur
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Answer:

Contractionary monetary policy usually results in:

  • lower money supply
  • higher interest rates
  • lower inflation rates
  • lower investment rates
  • lower nominal gross domestic product
  • higher unemployment
  • decrease in consumer spending
  • aggregate demand curve shifts to the left

7 0
3 years ago
Read 2 more answers
Magic Realm, Inc., has developed a new fantasy board game. The company sold 35,600 games last year at a selling price of $62 per
Natasha_Volkova [10]

Answer:

1a.

                              Magic Realm, Inc.,

                         Contribution format income statement

                                   Per Unit                    Amount

Sales                               62                         2,207,200

Variable expenses         42                         (1,495,200)

Contribution margin       20                         712,000

Fixed expenses                                            (623,000)

Net operating profit                                      89,000

1b.

Degree of operating leverage: 4

2. The expected percentage increase in net operating income for next year: 184%  

Explanation:

1a. Please refer to the answer part

1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.

2.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

3 0
3 years ago
Given below are lease terms at the local dealership. What is the total cash
adell [148]

Answer:

1) 2,475

down payment+security deposit+acquisition fee= total cost

sorry if I miss something

4 0
3 years ago
One recent study suggests that the more professional technicians or other “knowledge workers” an industry has, the:
dimulka [17.4K]
The answer would be A
8 0
3 years ago
Customers tell Heidi that they would feel more comfortable leaving their dogs at Camp Bow Wow if at least some of the camp couns
Dahasolnce [82]

Answer:

A and C

Explanation:

According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question this situation involves the internal environment and employees. This is because an Internal Environment is refers to the culture, members (including employees), events and factors within an organization. And since Heidi would not leave her dogs at Camp Bow Wow because none of the employees are accredited veterinary technicians, we can say that the answer is internal environment and employees.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
4 years ago
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