Answer:
B. The zero based budget requires managers to re-justify every planned expenditure every year.
Explanation:
A zero based budget is one that does not take into account historical data when it is considering the present year budget. Each departmental requirement is re-evaluated and a new amount is assigned as budget for the year.
However conventional budgets carryover the previous year's expenses as a base data point. This results in similar budgeting across years.
So the main difference between the two is that zero based budget requires managers to re-justify every planned expenditure every year.
$670 is the final balance due that max wants to pay.
<u>Explanation</u>:
- Max borrowed a $2000 amount on a 120-day note. First, he paid $700 in the 120-day note. So the current amount he paid is $700.
- After thirty days max paid the amount of $630. So totally he paid $1330 in a note of 75 days. So 45 days are remaining.
- So the final balance due is $670. So Max wants to pay $670 on a note of 45 days.
Answer: d) Analyze the bad news to see how it will affect his reader.
Explanation:
The first thing that Taylor should do is to analyze the bad news so that he can predict the likely effect on the client.
Once he predicts this, he can be able to deliver the bad news in such a way that the client would not be too annoyed by it. It would also allow him to offer alternatives that might be applicable and doable to the client.
Answer:
The correct answer is letter "C": the United States becoming a transcontinental nation.
Explanation:
After <em>Texas </em>was declared independent from Mexico in 1836, issues arose since the U.S. did not want to annex the freed territory due to northern interests. Mexico became hostile in defining the frontiers after the independence of Texas at the point of threatening the U.S. to go on war if its demand was not fulfilled.
With an attack on American Soldiers by April 1846 in Texas, the war begun. Americans military power revealed superior to Mexicans winning the war in favor of U.S. President James K. Polk (1795-1849) who <em>believed the U.S. had to spread across the continent</em>.
<em>The effect of the war was California, Utah, Nevada, and Arizona being annexed to the U.S. territory.</em>
A stock has an expected return of 13. 24 percent, the risk-free rate is 4. 4 percent, and the market risk premium is 8. 98 percent. 0.75 is the stock's beta.
Calculate the beta for stock using the CAPM approach as follows:
Cost of common stock = Risk-free rate + Beta × Market risk premium
13% 7% + Beta x8%
13% 7% Beta × 8%
6% = Beta x8%
6% 8% Beta = =
=0.75
Therefore, the beta for stock using the CAPM approach is 0.75.
Market risk is the potential for loss to individuals or other companies as a result of factors that affect the overall performance of an investment in financial markets.
Learn more about market risk at
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