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3 years ago

What is a budget? Why is it important to a human services organization?

1 answer:

3 0

A budget is an estimate of income and expenditure for a set period of time. The reason that it is important to a human services organization is to see how well you spend your money, how mature you are with the money you get, do you spend it on stupid expensive stuff when you see that other stuff is cheaper. They just want to see how well you keep track of your money and how mature you are with it!! Hope this helped

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Where can I find a bomber winter jacket In flushing

ollegr [7]

I would try Amazon or Ebay.

Is this a school question?

7 0

3 years ago

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An investor is considering a $25,000 investment in a start-up company. She estimates that she has probability 0.2 of a $15,000 l

lozanna [386]

Answer:

$21,000

Explanation:

initial investment $25,000

we need to determine the expected value of every possibility:

$15,000 loss ⇒ 20% x $10,000 = $2,000
$29,000 loss ⇒ 15% x $5,000 = $750
$40,000 gain ⇒ 5% x $65,000 = $3,250
break even ⇒ 60% x $25,000 = $15,000

total expected value = $21,000

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3 years ago

Philip Morris bought Miller Brewing and launched low-calorie beer, at a time when consumers had the impression that low-calorie

Olenka [21]

Answer: Points of indifference

Explanation: Point of indifference can be defined as that level of EBIT at which two alternative financial plans have same amount of net income. It is used by managers as an evaluating tool, when it comes to choose between two cost structures which are alternative of one other.

In the given case, the company must have build point of indifference before launching of new product, and must have expected higher profits than normal beer.

4 0

2 years ago

Younes Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air conditi

sashaice [31]

Answer:

Contribution margin= $169

Explanation:

First, we need to calculate the total unitary variable cost:

total unitary variable cost= direct material + direct labor + variable overhead + variable selling expense

total unitary variable cost= 38 + 1 + 8 + 4

total unitary variable cost= $51

Now, the contribution margin:

Contribution margin= 220 - 51

Contribution margin= $169

8 0

2 years ago

On the island of Mabera, the local money is called "favoli." The price of every good in Mabera is expressed as the number of fav

tatuchka [14]

Answer:

The correct option is Unit of account

Explanation:

One of the functions of money is Unit of accounts in economics. The worth of an object is measured in a distinct currency. One of the downfalls of unit of account is that it is regarded as the steady unit of account but inflation factor devastate the said assumption that money is steady. It is regarded as the basic property of the money.

Thus, the correct option will be Unit Of Account.

7 0

3 years ago

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