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rewona [7]
2 years ago
11

Why is looking at cash flow an important step in a good financial plan?

Business
2 answers:
Colt1911 [192]2 years ago
8 0

Cash  is the most liquid form of assets. Meaning that it can be easily traded with other resources within short a period of time.

Because of this, better cash flows usually provide financial planners with more flexibility in determining the actions that they need to take. Not only that, high amount of cash inflows indicates that there is a high volume transaction between the company and the consumers. This usually seen as favorable by investors.

stellarik [79]2 years ago
3 0
Looking at cash flow is an important step in a good financial plan because it can help you determine places where you need to scale back on spending.
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Which phrase best completes the diagram? Macroeconomic Goals for a Society ? Stable prices Economic growth
weeeeeb [17]

Answer:

C. Full employment

6 0
1 year ago
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. Thi
lesya692 [45]

Answer:

1. 11%

2. Yes and it is 6% for the large

3. Entry

4. 5%

Explanation:

4 0
2 years ago
Assembling project team and assigning their responsibilities are done during which phase of a project management?.
Finger [1]

Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.

Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.

The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.

To learn more about phases of project management: brainly.com/question/14522044

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3 0
1 year ago
If your uncle borrows $56,000 from the bank at 10 percent interest over the eight-year life of the loan. Use Appendix D for an a
Elan Coil [88]

Answer:

a. Annually equal instalment = Principal x rate x ( (1+rate)n / (1+rate)n -1 )

Explanation:

Accrding to the following formula, we calculate the anually equal instalment.

So, instalment = 56000 x 0.10 x ( (1.10)8 / (1.10)8 -1) = $10496.86498 ~ $10496.86

7 0
3 years ago
Majestic Corporation manufactures wheel barrows and uses budgeted machine hours to allocate variable manufacturing overhead. The
andre [41]

Answer:

$409185

Explanation:

Given: Budgeted output units: 28,475 units

Budgeted machine-hours: 17,085 hours

Budgeted variable manufacturing overhead costs for 28,475 units: $358,785

Actual output units produced: 32,475 units

Actual machine-hours used: 15,000 hours

Actual variable manufacturing overhead costs: $384,060.

First, we will find Budgeted machine hour per unit produced.

Budgeted machine hour per unit produced=  \frac{Budgeted\ machine\ hour}{Budgeted\ units}

⇒Budgeted machine hour per unit produced= 17085\div 28475= 0.6

∴Budgeted machine hour per unit produced= 0.6

Budgeted machine hours allowed for 32475 units= 32475\times 0.6= 19485

Budgeted variable overhead rate per machine hour= \textrm {Budgeted variable manufacturing overhead costs}\div Budgeted\ machine\ hours

Budgeted variable overhead rate per machine hour= 358785\div 17085= \$ 21

Now, lets find out flexible budget amount.

Flexible budget amount= \textrm{Budgeted machine hours allowed}\times \textrm{Budgeted variable overhead rate}

Flexible budget amount= 19485\times \$ 21= \$ 409185

∴Flexible budget amount for variable manufacturing overhead= $409185

6 0
3 years ago
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