Answer:
For a manufacturer the budgeted income statement includes amounts from the sales, cost of goods sold, cash, and capital expenditures budgets (c)
Explanation:
Like a typical income statement, the Budgeted income statement would show its Sales Forecast, and the resultant costs of producing these volume projected. It will usually follow a trend consistent with the Previous years Business seasonality, peak and lows, and duration of consumer improved disposable income (e.g periods of tax credit, black friday etc).
In addition a Business will want to forecast its Cashflow and Capital expenditure (Balance Sheet) so as to have a general view of what to expect if circumstances turn out as planned and to have a picture of how much growth or decline it is projecting into the future.
<span>1. Which of the following is not characteristic of a corporation?
d. Corporations are required to file federal income tax returns.
2. Characteristics of a corporation include
d. Shareholders who have limited liability
3. One of the main disadvantages of the corporate form is the
b. Double taxation of dividends
4. Under the corporate form of business organization
a. Ownership rights are easily transferred.
5. Those most responsible for the major policy decisions of a corporation are the
b. Board of directors.
6. Stockholders' equity
d. Is shown on the income statement
7. The price at which a stock can be sold depends upon a number of factors. Which statement below is not one of those factors?
b. Investor expectations of the corporation's earning power
8. Which of the following accounts below is reported in the paid-in capital/stockholders' equity section of the corporate balance sheet?
b. Stock Dividends
9. The excess of issue price over par of common stock is termed a(n)
d. Premium
</span>
I guess the correct answer is $15.77
Franktown Meats just announced that they are increasing the annual dividend to $1.75 and establishing a policy whereby the dividend will increase by 2% annually thereafter. One share of this stock be worth six years from now is $15.77 if the required rate of return is 14.5%
<u>Answer:
</u>
Product Managers are expected to collaborate in planning the amount of upcoming Enabler work by establishing capacity allocation:
<u>Explanation:
</u>
- For the work that is upcoming, team backlog prioritization has nothing to do as it is done when there is a need to finish the pending work before the next work is allotted.
- By performing capacity allocation, the right personnel and resources can be implemented for the right work well before the work is handed over.
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Purchased office supplies = $4,500
Supplies on balance account (in beginning) = $200
Supplies remaining (in end of month) = $180
So, To calculate supplies used in February we use following method:
Supplies Used = Supplies in Beginning + Purchased office supplies - Supplies in Ending
= $200 + $4,500 - $180
Supplies Used = $4,520
Hence, the amount of supplies USED during February was $4,520.
