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4 years ago

Which of the following can act as a planning and controlling tool?

1 answer:

6 0

I believe the answer is C. budgets
Budget is a set of estimation of potential income and expenditures that could happen within a certain period.
This could be us as a planning to determine which strategy/approach that the company could use and used as controlling tools in order to maintain so the operational feed do not exceed what it suppose to be.

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Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these

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microcredit

What is microcredit?

Microcredit is the provision of very tiny loans (microloans) to disadvantaged borrowers who lack collateral, consistent employment, or a verified credit history. It is intended to encourage business and alleviate poverty. Many clients are uneducated and hence unable to complete the documentation required for traditional loans.

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2 years ago

To enhance your ability to assess and manage risk in specific driving situations, you should:_____.

kaheart [24]

To enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.

Given an incomplete sentence related to the ability to manage and assess the risk in specific driving situations.

We are required to fill the blank given in the sentence so that the sentence will give adequate meaning.

The words which are to be filled in the sentence are "assume that a dangerous situation may occur",

While driving there is a risk of accident so when someone is assessing the risk of specific driving then he has to take in consideration that any dangerous situation can occur. We know that the thinking that the accident may occur is negative but an analysts has to think multidimensional.

Hence to enhance our ability to assess and manage risk in specific driving situations we should assume that a dangerous situation may occur.

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2 years ago

On January 1, Wei company begins the accounting period with a $45,000 credit balance in allowance for doubtful accounts. a. On F

GrogVix [38]

Answer:

The Journal entry and their narrations is shown below:-

Explanation:

1. Allowance for doubtful accounts Dr, $9,800

To Account receivable-Oakley Co. $2,400

To Account receivable-Brookes Co. $7,400

(Being write off is recorded)

2. Account receivable-Oakley Co. Dr, $2,400

To Allowance for doubtful accounts $2,400

(Being amount reinstated is recorded)

3. Cash Dr, $2,400

To Account receivable-Oakley Co. $2,400

(Being cash received is recorded)

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3 years ago

Read 2 more answers

You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of

NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962 invested for 11 years at 4.9% p.a

FV = ? P=37,599.81, n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

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4 years ago