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igor_vitrenko [27]
3 years ago
9

The financial statement effects of the budgeting process are summarized on the cash budget and the capital expenditures budget.

true or false
Business
1 answer:
denis23 [38]3 years ago
8 0

Answer:

true

Explanation:

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What is the Urban Dictionary definition of Makenzie
dusya [7]

Makenzie's are so awesome, funny, athletic, sweet, kindhearted and you will always laugh whenever your around a Makenzie. Makenzies and the most coolest people in the whole world you have to know a Makenzie now.

6 0
4 years ago
Andrew Flint is the CEO of a small, publicly held company based in Idaho Falls, Idaho. Flint earned $76,000 last year as CEO. In
Natasha2012 [34]

Answer:

D, Flint can simply write ot the SEC to voice his concerns.

Explanation:

Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.

Cheers.

6 0
3 years ago
Who bought the treasure island hotel and casino from the Wynn corporation?
IgorLugansk [536]
Phil Ruffin bought treasure island
4 0
3 years ago
Krentz Insulating accepted a 3-year note for $1,500 in lieu of immediate payment for insulating equipment sold to a local firm.
DiKsa [7]

Answer:

$1,331.96

Explanation:

Present value (PV) refers to today's worth of cash flows to be received at a future date. The formula for PV is given as follows:

PV = F ÷ (1 + r)^n ......................................... (1)

PV = present value = ?

F = Future amount or note amount = $1,500

r = interest rate = 4% annually = 0.04 annually

                         = (0.04 ÷ 2) semiannually = 0.02 semiannually

n = number of compounding period = 3 years

  = (3 × 2) semiannually = 6 semiannually

Substituting the figures above into equation (1). we have:

PV = $1,500 ÷ (1 + 0.02)^6

     = $1,500 ÷ (1.02)^6

     = $1,500 ÷ 1.126162419264

     = $1,331.96  

Therefore, the present value of the note at 4% per year compounded semiannually is $1,331.96.

6 0
4 years ago
The Wilmoths plan to purchase a house but want to determine the after-tax cost of financing its purchase. Given their projected
iVinArrow [24]

Answer:

the annual after-tax cost of financing the purchase of the home is $23,638.40

Explanation:

The computation of the annual after-tax cost of financing the purchase of the home is shown below:

= Installment amount - tax saving

= $33,200 - ($29,880 × 32%)

= $33,200 - $9,561.60

= $23,638.4

hence, the annual after-tax cost of financing the purchase of the home is $23,638.40

We simply applied the above formula

6 0
3 years ago
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