The scenario illustrates the use of algorithms. Using an
algorithm is a way of having to do a procedure that features a step by step function
in means of having to get the result of the data and to know how the results
will be processed.
Answer:
For a manufacturer the budgeted income statement includes amounts from the sales, cost of goods sold, cash, and capital expenditures budgets (c)
Explanation:
Like a typical income statement, the Budgeted income statement would show its Sales Forecast, and the resultant costs of producing these volume projected. It will usually follow a trend consistent with the Previous years Business seasonality, peak and lows, and duration of consumer improved disposable income (e.g periods of tax credit, black friday etc).
In addition a Business will want to forecast its Cashflow and Capital expenditure (Balance Sheet) so as to have a general view of what to expect if circumstances turn out as planned and to have a picture of how much growth or decline it is projecting into the future.
Answer:
C 14.45
Explanation:
Return on equity = .084 ×(1 + .72) = .1445, or 14.45 percent
