All categories

4 years ago

A blank is a plan which an individual balances available resources and expense

Business

2 answers:

Marina CMI [18]4 years ago

7 0

A "budget" is a plan in which an individual balances available resources and expenses.

Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.

shusha [124]4 years ago

7 0

A <u>budget </u>is a plan which an individual balances available resources and expenses.

You might be interested in

Research two of the campaigns/initiatives provided on the site.

borishaifa [10]

Answer:xs gtjgjsjg

Explanation:gj

ghgj

xzgjsjrgghfjg

6 0

3 years ago

Before the director's accident, Dee had worked with him to devise a plan that would allow each employee to select the fringe ben

FrozenT [24]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Cafeteria-style fringe benefits plan

b) Benefits buffet

c) Open options plan

d) Flexible spending plan

And the correct answer is the option D: Flexible spending plan.

Explanation:

To begin with, the name of <em>"Flexible Spending Plan"</em> refers to the type of plan that has in count the FSAs or Flexible Spending Accounts, that comprehends a tax advantaged benefit that is set up by the owners or managers of a company in order to make it possible for their employees to have the option of using this program in where they set aside a portion of their regular earnings in the company with the purpose of paying for a variety of healthcare and other expenses that tend to be dependent.

8 0

3 years ago

Assume that a new law is passed which restricts investors to holding only one asset. A risk-averse investor is considering two p

gayaneshka [121]

Answer:

Explanation:

Given the various probabilities (P) and returns (R) for Asset X and Asset Y, their expected return is computed as follows.

Asset X = $Summation(P_{r} *R_{x} )$

= (0.1*-3%) + (0.1*2%) + (0.25*5%) + (0.25*8%) + (0.3*10%)

Expected return (Asset X) = 6.15%

Asset Y = $Summation(P_{r} *R_{y} )$

= (0.05*-3%) + (0.1*2%) + (0.3*5%) + (0.3*8%) + (0.25*10%)

Expected return (Asset Y) = 6.45%.

Due to its higher expected return, Asset Y should be preferred.

The answer is option C because it contained a statement that Asset Y has a higher expected return.

Option (B) is wrong because we are not certain if Asset Y has a lower beta. We were not given any information to compute the beta.

Options (A), (D) and (E) are wrong because they did not specify Asset Y has the preferred asset.

5 0

4 years ago

Consider a project to supply Detroit with 25,000 tons of machine screws annually for automobile production. You will need an ini

sergij07 [2.7K]

Answer:

If the quantity demand for machine screws decreases by 1%, the net cash flows for the first 4 years will decrease by 1.48%, and the net cash flow for the last year will decrease by 0.93%. If the quantity demanded falls by more than 7%, the NPV will become negative since the IRR will be 11%.

Explanation:

expected revenue = 25,000 tons x $302 = $7,550,000 per year

initial investment = $4,500,000 + $430,000 = $4,930,000

contribution margin per unit = $302 - $200 = $102

total contribution margin = $102 x 25,000 = $2,550,000

annual fixed costs = $1,075,000

depreciation expense per year = $900,000

tax rate = 22%

required return rate = 11%

after tax salvage value = $450,000 x (1 - 22%) = $351,000

NCF₀ = -$4,930,000

NCF₁ = [($2,550,000 - $1,075,000 - $900,000) x 0.78] + $900,000 = $1,348,500

NCF₂ = $1,348,500

NCF₃ = $1,348,500

NCF₄ = $1,348,500

NCF₅ = $1,348,500 + $351,000 + $430,000 = $2,129,500

NPV = $517,402.62

IRR = 14.83%

if the demand falls by 10%, then total contribution margin will be $2,295,000

NCF₁₋₄ = $1,149,600

NCF₅ = $1,930,600

NPV = -$217,711.30

TIR = 9.36%

the first 4 net cash flows will decrease by 14.75%

the last cash flow will decrease by 9.34%

if the demand falls by 20%, then total contribution margin will be $2,040,000

NCF₁₋₄ = $950,700

NCF₅ = $1,731,700

NPV = -$952,825.22

TIR = 3.63%

the first 4 net cash flows will decrease by 29.5%

the last cash flow will decrease by 18.68%

This means that if the demand for machine screws decreases by 1%, the net cash flows for the first 4 years will decrease by 1.48%, the net cash flow for the last year will decrease by 0.93%

5 0

3 years ago

What steps can I use to set saving easier?

Akimi4 [234]

Record your expenses. The first step to start saving money is to figure out how much you spend. ...
Budget for savings. ...
Find ways you can cut your spending. ...
Decide on your priorities. ...
Make saving automatic.

6 0

3 years ago