A<u> "budget"</u> is a plan in which an individual balances available resources and expenses.
Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.
Answer:
$110,000
Explanation:
The closing balance in the finished goods inventory account is a function of the opening balance and the net movement that occurred during the year.
As such, the closing balance
= opening balance + purchases/production - sales
Given;
opening balance = $185,000
purchases/production = $550,000
sales = $625,000
Therefore,
closing balance in the finished goods = $185,000 + $550,000 - $625,000
= $110,000
Stagflation is the simultaneous occurrence of high unemployment and it accompanied by the rising of prices of goods and services, or inflation and a decline of Gross Domestic Product (GDP). Stagflation is an economic problem and this might lower the spending. There are two causes of stagflation based on theory: an economic phenomenon where the cost of oil rises and reduces the productive capacity and another one will be the result of poorly-made economic policies.
Answer:
Punching machine
Explanation:
The computation is shown below:
Punching actual output = Both punching and the binding output + punching output
= 8,000 + 5,000
= 13,000 pages per hour
But the punching machine process to 15,000 pages per hour
Now the utilization rate of punching is
= 13,000 ÷ 15,000
= 0.867 pages per hour
Now for binding
The actual output is 8,000 pages per hour
Binder processing to 10,000 pages per hour
So, the utilization rate is
= 8,000 ÷ 10,000
= 0.8 pages per hour
As we can see that the utilization rate of punching is higher that results the bottleneck
Consumers’ desire to control their information environment is a reason for advertisers to divert their funds from traditional media.
C) Consumer's desire to control their information environment.
<u>Explanation:</u>
Earlier the information sources were limited and the audience didn't have many options to choose from. The elites and literates would opt for print media and the common audience would opt for radio and other medium of information.
The advertisement agencies would also target the audience based on the information source. Bit with the growing technological advancement, the consumer can now choose their own preferable source of information and hence the advertisers diverted their funds from the traditional media.
