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Inessa [10]
4 years ago
6

Why is budgeting so important?

Business
2 answers:
algol [13]4 years ago
6 0
It allows you to carefully conserve and save your money so that you can have more in the long term but also have some to spend on everyday items.
Setler79 [48]4 years ago
4 0
Budgeting insures that you will always have enough money for the things thst you need and the things that are important to you
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Heidi Ganahl, CEO and Founder of Camp Bow Wow, seems to have the ability to inspire people she works with to accept her vision a
Vadim26 [7]

Answer:

good leadership

Explanation:

The fact that she inspires and not demands is an example of good leadership skills

4 0
3 years ago
Correctly complete the following sentence. Concurrent engineering is
snow_lady [41]

Answer:

B. a cross-functional approach to introduce new products to market.

Explanation:

Concurrent engineering  -

It is a long term business strategy .

In this method the products designed and developed in different steps , is referred to as concurrent engineering .

The method is used to reduce the development time of the product and the marketing time of the product , which in turn increases an improves the productivity as well as decreases the cost .

Hence , the correct option is B.

5 0
3 years ago
The Heuser Company’s currently outstanding bonds have a 10% coupon and a 12% yield to maturity. Heuser believes it could issue n
liraira [26]

Answer: After-tax cost of debt is 7.8%.

Explanation:

Given that,

coupon = 10% (outstanding bonds)

yield to maturity (YTM) = 12%

marginal tax rate = 35%

The after-tax cost of debt:

After-tax cost of debt = YTM (1 - Tax rate)

= 12% (1 - 0.35)

= 0.12 (0.65)

= 0.078

= 7.8%

YTM is used in the after-tax calculation because it represents the true pre-tax cost of debt to the issuer.

Therefore, the after-tax cost of debt is 7.8%

7 0
3 years ago
You find an apartment that rents for $320 per month. You are also responsible for ulities that average $80 per month. What is yo
arsen [322]

For this question, you need to find out some basic information. We know that 12 months is a total of a year. First, add up the rent, plus the utilities.

320 + 80 = 400

Then, you will multiply the 400 by 12.

400 x 12 = 4,800

The likely yearly cost for this apartment would be 4,800.

:)

5 0
3 years ago
Read 2 more answers
In the country of Wiknam, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 pe
WITCHER [35]

Answer:

a) 8%

b) 5%

c) 4%

Explanation:

Given:

Growth in real GDP = 3%

Growth of money stock = 8%

Nominal interest rate = 9%

Now,

(a) As per Classical Quantity Theory of Money

Money Supply (M) × Velocity (V) = Price level (P) × Real GDP (Y)

also,

Nominal GDP = P × Y

Change in M + Change in V = Change in P + Change in Y

Since,

V = Constant

thus, Change in V = 0

Change in M = Change in P + Change in Y

Change in P + Change in Y = Change in Nominal GDP = Change in M

thus,

Change in Nominal GDP = 8%  

(b)

8% = Change in P + Change in Y

8% = Change in P + 3%

Change in P = Inflation Rate = (8 - 3)% = 5%

(c) Real interest rate = Nominal interest rate - Inflation rate

= (9 - 5)%

= 4%

3 0
4 years ago
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