Answer:
The answer is option B) without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.
Explanation:
The financial plan of an organization also known as financials is a record used to determine how a business will afford to achieve its strategic goals and objectives.
The Financial Plan collates each of the activities, resources, equipment and materials that are needed to achieve these objectives and specify time frames involved.
A financial plan contains a sales forecast, expense budget, cash flow statement, income projections, asset and liabilities, depreciation table, break even analysis and pre-operating costs. It shows whether the firm is making profit or running at a loss.
It is usually prepared in a spreadsheet.
This plan is what the bank and investors will need to evaluate your business.
Without a carefully calculated financial plan, a firm has little chance for survival, regardless of its product or marketing effectiveness.
doing something with criminal intention.
Answer:
B) II and III.
Explanation:
Based on the information given the statement that are TRUE are II and III
II. The amount of $2,000($10,000-$12,000) which is the profit for the business will be given to the customer but the customer account will have to be frozen or put on hold for 90 days because the customer had not paid for the buy side before selling the shares for the amount of $12,000
III. In a situation where customer paid the amount for the buy side in full either before or after the fifth business day which is the day that follows the trading date, the customer account that had be frozen will be unfrozen or lifted because the buy side amount had be paid in full.
Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see how the money looks, while remembering that this budget does not show cash outlays. This type of budget is called Expense Budget
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What is Expense Budget?</h3>
- The Expense Budget displays the revenue and capital expenditures of several ministries and departments and provides estimates for each under "Plan" and "Non-Plan."
- It provides a thorough study of various expenditure kinds as well as a general explanation for why estimates vary. The Expense Budget also includes the Central Government's requests for grants.
- Capital assets are crucial expenses for firms since they include cash outlays for production machinery and other equipment that generates revenue.
- Due to the fact that production equipment is more expensive than standard office supplies or monthly expenses, financing is sometimes required to purchase capital assets.
- The purchase of capital assets is typically included in expense budgets, and their effects on working capital and future cash flows are quantified. Businesses wouldn't be able to accomplish their operational goals without well managed capital investments.
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Answer:
Large Medium Small
Unit selling price $184 $160 $100
Unit variable cost 130 120 76
Unit contribution margin $54 $40 $24
Autoclave hours per unit 3 2 1
Total process hours per unit 5 4 2
Budgeted units of production 3,000 3,000 3,000
a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.
- total contribution margin for large safety plate glasses = $54 x 3,000 = $162,000
- total contribution margin for medium safety plate glasses = $40 x 3,000 = $120,000
- total contribution margin for small safety plate glasses = $24 x 3,000 = $72,000
b. Prepare an analysis showing which product is the most profitable per bottleneck hour.
contribution margin per autoclave hour:
- large safety plate = $54 / 3 = $18 per autoclave hour
- medium safety plate = $40 / 2 = $20 per autoclave hour
- small safety plate = $24 / 1 = $24 per autoclave hour ⇒ MOST PROFITABLE PRODUCT PER AUTOCLAVE HOUR (BOTTLENECK)
