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bazaltina [42]
3 years ago
15

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

Business
1 answer:
Kipish [7]3 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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Columbia Sportswear makes nylon activewear. Its marketing manager set a goal to increase sales 12 percent over the next three ye
sweet [91]

Answer:

a) functional planning

Explanation:

Functional planning is a type of planning made to achieve consistent working of the company taking into account the function and of each and every department.

It is achieved by setting goals, continuously assessing the functions of every department, measuring the achieved goals (success) and projecting the future achievement of the company (foresight).

6 0
4 years ago
Barnegat Light sold 190,000 shares in an initial public offering. The underwriter's explicit fees were $68,000. The offering pri
Soloha48 [4]

Answer:

$1,398,000

Explanation:

Calculation for What is the best estimate of the total cost to Barnegat Light of the equity issue

Total cost = $68,000 + ($45 - $38)190,000 shares

Total cost = $68,000+($7)190,000 shares

Total cost = $68,000+$1,330,000

Total cost =$1,398,000

Therefore the best estimate of the total cost to Barnegat Light of the equity issue will be $1,398,000

4 0
3 years ago
The ________________ arises when a price changes because consumers have an incentive to consume less of the good with a relative
Ann [662]

Answer: Substitution Effect.

Explanation:

The substitution effect occurs when consumers switch from one product to another similar product that is of a lower price. The substitution effect majorly affects price sensitive consumers in a market.

6 0
4 years ago
Presented below is pension information for Company Y for 2021.
iren [92.7K]

Answer:

The Amount of pension expense is $195,000

Explanation:

The computation of the amount of pension expenses reported is shown below:

Service cost    $150,000

Interest on projected benefit obligation  63,000

Amortization of prior service $54,000

Less: Expected return on plan assets  -$72,000

The Amount of pension expense is $195,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Why are checking accounts called demand deposits
OleMash [197]

Answer:

A checking account and savings account also called demand deposits because they are accessible at any time via teller, ATM, or online banking hence on demand.

Explanation:

6 0
3 years ago
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