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Levart [38]
4 years ago
5

LO 7.3What is the process for developing a budgeted balance sheet?

Business
1 answer:
nasty-shy [4]4 years ago
5 0

Answer and explanation:

The budgeted balance sheet is an accounting report stating the current period's initial balance for each account according to the results of the previous period. After that, managers consider the investment and expenditure plans for the current period to schedule the company inflows and outflows. Finally, government policies are taken into consideration to find out how they can affect the company's projection in the short and long run.

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Rob, a college senior was given $10,000 by an aunt. Before she died, she told
Jlenok [28]

Answer:

Gold

Explanation:

Gold is an long term investment, and has been used for thousands of years

5 0
4 years ago
Margot has worked as an accountant for the same company for almost 15 years. She knows exactly what she needs to do each month,
Phoenix [80]

Since Margot has been working as an accountant for the same company for nearly 15 years and knows exactly what she needs to do to complete her job effectively, it can be said that Margot has role clarity.

<h3 /><h3>Benefits of role clarity</h3>

When an employee reaches the degree of understanding of their responsibilities and work processes, it generates greater organizational productivity, due to increased autonomy at work, making the culture stronger and the organization more effective.

Therefore, it is essential that role clarity is achieved in organizations, increasing performance and the efficiency with which their tasks are accomplished.

The correct answer is:

  • Role clarity

Find out more information about role clarity here:

brainly.com/question/25653772

5 0
3 years ago
For the most recent year, Triad Company had fixed costs of $190,000 and variable costs of 75% of total sales revenue, earned $58
poizon [28]

Answer:

The computations are as follows

Explanation:

a)  Before tax income  is

 = After Tax Income ÷ (1 - Tax Rate)

= $58,500 ÷ (1 - 0.35)

= $90,000

b) Total Contribution Margin

Contribution Margin = Fixed Costs + Before Tax Income

= $190,000 + $90,000

= $280,000

c) Calculation of Total Sales

Variable Cost is 75% of Sales

SO, Contribution Margin 25% of Sales

Contribution Margin = $280,000

25% of Sales = $280,000

Sales = $280,000 ÷ 25%

         = $1,120,000

d) Break Even Point in dollars

Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage

= $190,000 ÷ 25%  

= $760,000

We simply applied the above formula

8 0
4 years ago
What type of example is this curve known for?
vivado [14]

Answer:

smith i think

Explanation:

3 0
4 years ago
_____ is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis
Mashcka [7]

Marketing research is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis are then communicated to management.

<h3>What is marketing research?</h3>

Market research, also known as "marketing research" is the process of determining the viability of a new service or product through research conducted directly with potential customers.

Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.

This type of research can be conducted in-house, by the company itself, or by a third-party company that specializes in market research. It can be done through surveys, product testing, and focus groups.

Test subjects are usually compensated with product samples or paid a small stipend for their time. Market research is a critical component in the research and development (R&D) of a new product or service.

To learn more about marketing research, refer

https://brainly.ph/question/6803084

#SPJ4

7 0
2 years ago
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