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masya89 [10]
3 years ago
14

An extremely important use of reports of actual results versus budget projections is:

Business
1 answer:
Irina18 [472]3 years ago
8 0

The answer is<u> "Identifying potentially troublesome areas so that corrective action can be taken".</u>


A budget report is an inward report utilized by the board to think about the assessed, planned projections with the real performance number accomplished amid a period.  

Budgeting and financial forecasting are devices or tools that organizations use to build up an arrangement of where the executives needs to take the organization and whether it's going the correct way. Albeit budgetary determining and planning are frequently utilized together, there are particular contrasts between the two.

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Last year Hamdi Corp. had sales of $500,000, operating costs of $450,000, and year-end assets (which is equal to its total inves
adelina 88 [10]

Answer:

1.74%

Explanation:

                               17% Debt       50% Debt

Sales                      $500,000      $500,000

Less: Cost              $450,000      $450,000

Less: Interest         <u>$5,546</u>           <u>$17,400</u>

Profit before tax   $44,454        $32,600

Less: Tax at 35%  <u> $15,559</u>          <u>$11,410</u>

Net Income           <u> $28,895</u>        <u>$21,190</u>

Equity                     $361,050        $217,500

Return on Equity   8.00%             9.74%

Change in ROE = 9.74% - 8.00% = 1.74%

Workings

Interest (17% Debt) = 43,500*17%*7.5% = $5,546

Interest (50% Debt) = 43,500*50%*8% = $17,400

Tax (17% Debt) = $44,454 * 0.35 = 15,559

Tax (50% Debt) = $32,600 * 0.35 = 11,410

Equity (17% Debt) =435,000*83% = 361,050        

Equity (50% Debt) = 435,000*50% = $217,500

Return on Equity = $28,895/$361,050 = 8.00%

Return on Equity = $21,190/$217,500 = 9.74%

7 0
3 years ago
To understand how the weights of the cereal boxes vary among four different adjustable stabilizer settings of the rotary valve o
malfutka [58]

Answer:

The correct answer is letter "B": the independent variable.

Explanation:

Multiple regression is a mathematical model used concerning two or more variables when one value is to be used. The independent variable is the reason for the research, and the variables are dependent when they represent the value factors that need to be evaluated and are why the analysis is being carried out.

In the example,<em> the independent variable is the weight of the boxes</em> and <em>the dependent variables are the adjustable stabilizer settings of the rotary valve on the filling machine in three different production shifts</em>.

8 0
3 years ago
Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is
victus00 [196]

Answer:

the market quantity supplied is less than 250 scoops when the price is $2 per scoop

Explanation:

When price is $2, the total quantity supplied = 20 + 50 + 35 + 100 + 40 = 245

At the price $2, the total quantity supplied is less than 245

3 0
3 years ago
The decision to accept an additional volume of business should be based on a comparison of the revenue from the additional busin
musickatia [10]

Answer:

false

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. it should not be considered when making future decisions

7 0
3 years ago
Eileen is considering assignments, training programs, and development opportunities that she will need in preparation for being
qaws [65]

<span>Eileen is in the development phase in terms of her career development. The development phase is where the person is starting and learning to develop the activities that he or she is involved in—in a way to show the person strengths and achieve things with the use of their performance.</span>

5 0
3 years ago
Read 2 more answers
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