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zubka84 [21]
4 years ago
13

6. Should the budget for office supplies and repairs be reduced for the next

Business
1 answer:
Anettt [7]4 years ago
6 0

Answer:

Yes, if the business is slow, then you can cut short the budget for the office supplies as well as repairs for the next quarters, However, you need to do this intelligently. Like you can abandon commercial office, and work from home if your business permits it. Thus repairs will be reduced in cost, and also the office supplies.

Explanation:

Yes, if the business is slow, then you can cut short the budget for the office supplies as well as repairs for the next quarters, However, you need to do this intelligently. Like you can abandon commercial office, and work from home if your business permits it. Thus repairs will be reduced in cost, and also the office supplies like food which can be prepared on self in home, stationery can be bought for less, electricity cost is reduced as you need to pay now for only one place as your office and home both are same now, and you also save the transportation cost as well.

Also, you can barter business goods and services. Like if you have rented your office, you can provide your services free of cost to the landlord during a bad time in exchange for monthly rent. You can also cut the insurance cost, and also make most out of your time through proper planning. All this is possible. And hence you can reduce the budget for the next quarter for office supplies and repairs certainly.

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When making a payment of FUTA taxes, the employer must make the payment by the: a.10th of the month after the quarter. b.end of
Murljashka [212]

Answer:

Correct option is D.

<u>End of the month after the quarter.</u>

Explanation:

FUTA taxes must be paid quarterly by the last day of the month following the end of the calendar quarter.

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  • July 31st
  • October 31st
  • January 31st
5 0
3 years ago
As product adopters in the diffusion of innovation, members of the early majority Group of answer choices
Luden [163]

Answer:

The correct answer is letter "B": are deliberate and use many informal social contacts.

Explanation:

Sociologist and Professor E.M. Rogers (1931-2004) proposed The Diffusion of Innovations Theory which is a concept that relates several consumers' factors with the time they take to adopt technological innovation. Those influential factors are individuals' opinions and the rate at which they can interact with the innovation. According to the theory, consumers can be classified into five (5) groups:

  • Innovators: <em>venturesome, higher educated, use multiple information sources. </em>
  • Early adopters:<em> leaders in a social setting, slightly above average education. </em>
  • Early majority:<em> deliberate, many informal social contacts. </em>
  • Late majority:<em> skeptical, below-average social status. </em>
  • Laggards:<em> fear of debt neighbors and friends are information sources.</em>
7 0
3 years ago
Which of the following statements about normal costing is not true? Group of answer choices Manufacturing overhead is allocated
Katena32 [7]

Answer:

Direct costs are traced using an actual rate, and indirect costs are allocated using a budgeted rate

Explanation:

Normal costing refers to the actual cost of direct materials, direct labor, and manufacturing overhead applied. This cost is calculated by using a predetermined annual overhead rate.

Direct costs are expenses involved in producing goods or providing services and indirect costs are general expenses that are involved in operating.

The statement about normal costing which is not true is ''Direct costs are traced using an actual rate, and indirect costs are allocated using a budgeted rate''

5 0
3 years ago
yle Co. has $1.1 million of debt, $3 million of preferred stock, and $1.2 million of common equity. What would be its weight on
Virty [35]

Answer:

0.22

Explanation:

Calculation for the weight on common equity

Using this formula

Weight of Common equity = Common Equity/(Debt + Preferred Equity+Common Equity)

Where,

Common Equity=1.2

Debt =1.1

Preferred Equity=3

Let plug in the formula

Weight of common equity = 1.2/(1.1+ 3+ 1.2)

Weight of common equity=1.2/5.3

Weight of Common Equity=0.22

Therefore the weight on common equity will be 0.22

3 0
3 years ago
A company has a minimum required rate of return of 8% and is considering investing in a project that costs $175,000 and is expec
Daniel [21]

Answer: $5,396.79

Explanation:

The net present value is value of the after tax cash flows from an investment minus the value of the amount invested.

The net present value can be found using a financial calculator.

Cash flow for year zero = $-175,000

Cash flow for each year from year 1 to year 3 = 70,000

I = 8%

NPV =$5,396.79

I hope my answer helps you

5 0
3 years ago
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