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3 years ago

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

Business

1 answer:

nasty-shy [4]3 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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Sam was willing to contribute $20 this year to his local college radio station. However, after learning that the radio station h

sveticcg [70]

Answer:

The correct answer is d) The free-rider problem .

Explanation:

This term refers to a problem in economics where a person who is known as a stowaway, benefits from using a service or consuming a product without paying anything for it. In this case Kevin should contribute to the radio station, since regardless of whether what was expected in a given period has been raised, just being committed is enough to have the obligation to contribute for the maintenance of the station over time.

4 0

3 years ago

The manager of a major retail store has taken a random sample of 25 customers. The average sale was $52.50. The population stand

Anna35 [415]

Answer:P value = 1 - 0.9793 = 0.0207

Explanation:

we can use Z value and normal distribution to find P value. P value is the area of beyond the value of Z value

sample mean (x.bar) = $52.20

Population mean (U) = $50

Sample Standard deviation (Sd) =$ 6.10

sample (n) = 25

Z = $\frac{(x.bar - U)}{Sd/\sqrt{n} }$ = $\frac{52.50 - 50}{6.10/\sqrt{25} }$

Z = 2.50/1.22 = 2.049280328 = 2.049

area (normal distribution table) = 0.9793

P value = 1 - 0.9793 = 0.0207

7 0

3 years ago

Stacie was disappointed in Maggie’s habit of , because while Maggie followed orders readily, she never thought about how her act

Alexxx [7]

Answer:B. Uncritical thinking

Explanation:

Habit are regular acts of individual, to be disappointed in a person habit refers to the negative habits.

3 0

3 years ago

Read 2 more answers

Waterway has a standard of 2 hours of labor per unit, at $12 per hour. In producing 3800 units, Waterway used 7350 hours of labo

Vadim26 [7]

Answer:

Direct labor time (efficiency) variance= $3,000 favorable

Explanation:

Giving the following information:

Standard= 2 hours of labor per unit, at $12 per hour.

In producing 3800 units, Waterway used 7350 hours of labor.

<u>To calculate the direct labor quantity variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 2*3,800= 7,600 hours

Direct labor time (efficiency) variance= (7,600 - 7,350)*12

Direct labor time (efficiency) variance= $3,000 favorable

7 0

3 years ago

Andrew owns land (adjusted basis of $94,400) that he uses in his business. He exchanges the land and $47,200 in cash for a diffe

Inga [223]

Answer:

Andrew did do a proper feasibility study about the land

Explanation: Andrew lots chunk of money because he gave out his land half of the price he bought it initially. And bought another at a higher price

which is more than the 10,000 dollars

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3 years ago