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3 years ago

Zero-based budgeting assumes that all funding allocations must be justified from zero each year.

1 answer:

6 0

True. Zero-based budgeting assumes that all funding allocations must be justified from zero each year. The goal in a zero-based budget is to have the income minus the expenses of the business equal zero.

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Which of the following is an example of an open-ended question?Answers:a. Do you want to have children?b. Would you consider ado

Elden [556K]

Answer:d. What do you think about the new ice-cream flavor

Explanation:

An open ended question is a statement that requires a response. The response can't be yes/ no or a static response

The question What do you think about the new ice-cream flavor can't be answered with yes or no. The answer can either be I like the ice cream flavour or I don't like the ice cream flavour.

I hope my answer helps you

6 0

3 years ago

Read 2 more answers

"You save $3,260.00 in a savings account earning a 3.55% APR compounded monthly. How much is the total interest earned by the en

sammy [17]

Answer:

$ 29.018 ( approx )

Explanation:

The amount formula in compound interest,

$A=P(1+r)^t$

Where,

P = principal amount,

r = rate per period,

t = number of periods,

Here, P = $ 3260.00,

Since, the amount is compounded monthly,

So, the number of periods in 3 months, t = 3,

Also, annual rate = 3.55 % = 0.0355,

So, the rate per month, r = $\frac{0.0355}{12}$ (∵ 1 year = 12 months)

Thus, the amount after 3 months,

$A=3260(1+\frac{0.0355}{12})^3=3289.01817638\approx 3289.018$

Hence, the total interest earned,

I = A - P =3289.018 - 3260 = $ 29.018

3 0

3 years ago

Delta cabinets has 13,000 shares of stock outstanding at a market price of $19 a share. the earnings per share are $1.34. the fi

Goryan [66]

After the dividend, the firm's:

a. book value per share will be $6.31.

b. price-earnings ratio will be 13.88.

c. shareholder value per share will be $18.60.

d. stock price will be $19.00.

e. earnings per share will be $.94.

The answer is : b

We calculate the ex-dividend price of a share on the day dividend is paid as follows:

Ex-dividend Price = Share price before dividend - dividend paid per share

Ex-dividend price = $18.6 ($19 - $0.40)

We can use this ex-dividend price to calculate the company's P/E ratio after dividend.

P/E = $18.6/$1.34 = 13.88059

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3 years ago

Most job openings in the next few years will

Finger [1]

The answer is A, be accessible through an apprenticeship.

3 0

3 years ago

Read 2 more answers

Perpetuities are also called annuities with an extended or unlimited life. Based on your understanding of perpetuities, answer t

Ad libitum [116K]

Answer:

The current value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows and less by the discounted value of its more distant (in the future) cash flows.

Explanation:

The perpetuities can becalculate as follow

C/rate = Perpetuities

the reasoning behind this formula:

$C * \frac{1-(1+r)^{-time} }{rate} = PV\\$

If we calculate limit whe ntime is infite,

because at more time 1 + r gets closer and closer to 0

we get on the dividend

1 - 0

So we have C x 1/i = C/i

Next part would be why the first cash flow is more relevant than the subsequent cash flow:

$\frac{Principal}{(1 + rate)^{time} } = PV$

Here if time increases, then the divisor get closer to ∞ so we have

P ( a constant) /∞ = 0

So the first cashflow is more relevant than the more distant cash flow

8 0

3 years ago