The first budget customarily prepared as part of an entity's master budget is the sales budget.
A sales budget is a economic plan that estimates a company's total revenue in a specific term. It focuses on two matters—the number of products sold and the price at which they're sold—to expect how the company will perform. The motive of sales budget is to acquire the objectives of the income department. It also acts as a planning tool. It enables a firm to set standards and try to achieve them. it's also an device of coordination between special departments in an organization like income, finance, production and advertising.The company's inner strengths or weaknesses, have an impact on its income budget. It includes elements like plant's production potential, advertising channel, promotion and commercial, sales volume and revenue, and so on
The enterprise's internal strengths or weaknesses, affect its sales budget. It includes factors like plant's production potential, marketing channel, promotion and advertisement, income volume and sales, and so on.
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Answer:
a) The amount of annual depreciation by straight-line method = Cost of the asset - Salvage Value / Number of years in useful life
= ($90,000 - $12,000) / 25 years
= $78,000 / 25 years
= $3,120
Thus, the amount of depreciation under straight-line method is $3,120.
b) Depreciation for first year under double declining balance method = Cost of the asset / Number of years in useful life * 2
= $90,000 / 25 years * 2
= $7,200
Thus, the amount of depreciation for the first year under double declining balance method is $7,200.
Depreciation for second year under double declining balance method = Cost of the asset - First year depreciation / number of years in useful life * 2
= $90,000 - $7,200 / 25 years * 2
= $6,624
Thus, the amount of depreciation for the second year under double declining balance method is $6,624.
Answer:
The best answer is "E"
Declaration date and the payment date
Explanation:
Declaration date: The date the board of directors formally authorizes a dividend and announces it to stockholders.
Record date: The date when ownership of outstanding shares is determined for dividend purposes.
Payment date: The date dividend checks are mailed to stockholders.
Declaration date and the payment date are recorded for cash dividends
Declaration date, Record date, and Payment date: These are dates that are used when preparing cash div and stock dividends.
Answer:
Explanation: Mail companies use a cellular network and Global Positioning System (GPS) technology to obtain real-time delivery tracking and location information
Answer:
To answer the above question , the closest and which includes all human, animal and realted welfare is
"The environment should be protected in the name of serving future generations’ welfare".
Explanation : when it comes to buisness, ethics and moral with code of conduct the ultimate reason behind this is to make the better world to serve future generation with all such discipline and carry forward the same positive approach towards all human, animal and other welfare's.
By this above option/approach is different and consider a cumulative welfare for better world to serve future generation.
Coming to other option/approach is only specific to certain groups only and it does'nt through light on other's welfare.
To add more , "when you focus on one group of welfare success will be there but if you focus and prioritize together with better competency and required area success path is wide and opened"
So saving and serving the environment to future generation is high valued and required. By this we can able to match the ethical, moral and social responsibality.
