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3 years ago

Self-imposed budgets typically are:

Business

1 answer:

Pepsi [2]3 years ago

3 0

Answer:

C. subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Explanation:

Self-imposed budgets typically are subject to review by higher levels of management in order to prevent the budgets from becoming too loose.

Self-imposed budget also known as the participative budget is a type of budget where individuals having responsibility for controlling costs, prepares their own budget estimates and present them to the top level of management for review.

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In its cash flow statement for the current year, Fox Co. reported cash paid for interest of $70,000. Fox did not capitalize any

Nina [5.8K]

Answer:

$76,000

Explanation:

The calculation of the interest expense is shown below:

= Reported amount of cash paid for interest + Decrease in prepaid interest - decrease in accrued interest payable

= $70,000 + $23,000 - $17,000

= $76,000

The decrease in prepaid interest is classified as a current asset and the accrued interest payable is current liabilities and we know that the rise in current assets and a decline in current liabilities are excluded, while the decline in current assets and an increase in current liabilities are included.

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3 years ago

An action that makes an employee uncomfortable in any way is classified as ________________.

Airida [17]

The answer is B im pretty sure

5 0

3 years ago

Read 2 more answers

A department store has budgeted sales of 12,000 men's coats in September. Management wants to have 6,000 coats in inventory at t

murzikaleks [220]

Answer:

$1,050,000

Explanation:

Budgeted purchases= coats in inventory + budgeted sales- Beginning inventory expected coats

Budgeted purchases = 6,000 + 12,000 - 4,000 = 14,000 suits

14,000 suits x $75/suit = $1,050,000

Therefore the dollar amount of the purchase of suits if each coat has a cost of $75 is $1,050,000

6 0

3 years ago

An investor owns $8,000 of Adobe Systems stock, $9,000 of Dow Chemical, and $9,000 of Office Depot. What are the portfolio weigh

Grace [21]

Answer:

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

Explanation:

Calculation for the portfolio weights of each stock

First step is to calculate the Total portfolio

Total portfolio = $8,000 + $9,000 + $9,000

Total portfolio == $26,000

Last step is to calculate the portfolio weights of each stock

Adobe System weight = $8,000 / $26,000

Adobe System weight = 0.3077

Dow Chemical weight = $9,000 / $26,000

Dow Chemical weight = 0.3462

Office Depot weight = $9,000 / $26,000

Office Depot weight= 0.3462

Therefore the portfolio weights of each stock will be :

Adobe System

0.3077 ± 0.001

Dow Chemical

0.3462 ± 0.001

Office Depot

0.3462 ± 0.001

7 0

3 years ago

500.34 In fiscal year 2017, Wal-Mart Stores (WMT) had revenue of $ 500.34 billion, gross profit of $ 126.95 billion, and ne

maria [59]

Answer:

a. 25.37% and 13.28%

b. 1.97% and 2.07%

c. Costco

Explanation:

a. The gross margins for Walmart and Costco is shown below:

Gross margin = (Gross profit ÷ revenue) × 100

For Walmart,

= ($126.95 ÷ $500.34) × 100

= 25.37%

For Costco,

= ($17.14 ÷ $129) × 100

= 13.28%

b. The net margins for Walmart and Costco is shown below:

Gross margin = (Net profit ÷ revenue) × 100

For Walmart,

= ($9.86 ÷ $500.34) × 100

= 1.97%

For Costco,

= ($2.68 ÷ $129) × 100

= 2.07%

c. According to the net profit, the Costco has more profitable in 2017

4 0

4 years ago