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2 years ago

A detailed plan for the future that is usually expressed in formal quantitative terms is known as a:

Business

1 answer:

Kipish [7]2 years ago

5 0

Answer: (A) Budget

Explanation:

Budget is one of the type of financial plan that is create according to our requirement and also budget.

A budget is one of the type of document that is used for describe the detailed plan in the future and it is usually expressed into the quantitative terms.

The main objective of the budget is to creating a proper plan based on the expenses, revenue, liabilities and the cost in an organization and it also helps in balancing our expenses with the income.

Therefore, Budget is the correct answer.

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3 years ago

When a company employs statistical tools to reduce the likelihood of a product recall, this best represents what type of decisio

Gwar [14]

Quality best represents to reduce the likelihood of a product recall

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1 year ago

A marketing campaign to target business travelers includes two advertising buys. One buy cost $4,600 and yielded 220 leads. The

Korvikt [17]

Answer:

$20.90 & $14.88

Explanation:

The average cost per lead is the marketing expense incurred to acquire a new potential customer. The average cost per or CPL is calculated using the formula total marketing spend / total number of leads. CPL helps identify the most efficient advertising channel.

For the first advertising buy, average cost per lead

=$4,600/220

=$20.90

For the second advertising buy

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3 years ago

Suppose that you are a buyer. your buyer value is $30 and you buy a book for $40. what is your gain or loss?

Serjik [45]

The buyer value is a concept that is more important to the customers. This refers to the amount that the buyers are expecting out of the purchase of some goods. If I bought a book at a price of $40 then, I loss $10 in the process because as a buyer I expect to pay only $30.

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2 years ago

North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2

Dmitriy789 [7]

Answer:

The income taxes figure of $203,000 is missing from the information provided:

The net income from the budgeted income statement is $466,520

Explanation:

The multiple step income statement differentiates operating revenue from non-operating revenue,operating expenses from one off non-operating expenses as operating gains and losses from non-operating ones

North Company budgeted income statement

Total sales revenue $2,190,100

Variable costs of sale($24*50,220) ($1,205,280)

Gross profit $984,820

Selling and administrative expenses ($305,300)

Profit before interest & taxes $678,940

Interest expense ($10,000)

Income taxes ($203,000)

Net income $466,520

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3 years ago