Budget performance reports summarize: b. normal standards
<h3>
What is budget performance report?</h3>
A budget performance report contrasts the performance of the actual budget with what was anticipated. It enables comparison between actual account transactions for a given time and budget numbers for related periods. All transactions entered in batches or journals that are submitted to the ledger, as well as documents that are updated to the ledger and point-of-sale invoices, will be included.
Your projected budget and actual statistics for a given financial quarter are compared in the Profit & Loss by Budget Performance Report. This makes it simple to determine which "budget items" performed better than anticipated and which did not live up to expectations.
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= 41,000 USD * 1+(2.5%-1.9%)
= 41,000 USD * 1.60
<em>= 65,600</em>
Net change <em>65,600 - 41,000 = </em><em>$24,600</em><em> </em>
<em>INCREASE IN HIS PURCHASING POWER!!!</em>
<h2><em>OR 60% MORE IN HIS POCKET CHA-CHING!!</em></h2>
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Good luck!
#JmackTheInstructor
Answer:
Hanna is correct.
Explanation:
The sale of the 2004 Dodge cannot be construed to be a sale of goods under the Uniform Commercial Code since this law covers sales of goods by merchants. Hanna cannot be said to be a merchant of 2004 Dodge as she is not known to be in the business for the purchase and sale of cars. Therefore, the case should be adjudicated under the common law. What has taken place in this instance is the exchange of a personal asset. Hanna cannot make a trading profit from the sale, but a capital gain. Rachel is not correct.
The display racks, the shelving, and the cash registers in a retail store are considered as accessory equipment.
<span>Accessory equipment are those goods and materials that a company or organization purchases that are not directly used in the manufacture of finished products or goods but are instead used in other activities involving administrative, clerical, and marketing work. </span>
Answer:
the amount of net cash provided or used by the financing activities is $440,400
Explanation:
The computation of the amount of net cash provided or used by the financing activities is shown below:
Proceeds from issuance of bonds payable $500,500
Less Dividends paid -$60,100
Net cash provided by financing activities $440,400
Hence, the amount of net cash provided or used by the financing activities is $440,400
The positive amount represent the cash inflow and the negative amount represent the cash outflow
