1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler [38]
3 years ago
14

One of the necessary steps in the financial planning process is a forecast of financial statements under each alternative versio

n of the operating plan in order to analyze the effects of different operating procedures on projected profits and financial ratios.A) TrueB) False
Business
1 answer:
Natalija [7]3 years ago
6 0

Answer:

A) True

Explanation:

When you are elaborating a financial plan your ultimate goal is to determine in what projects or activities should your company invest its resources. In order to decide which alternative better suits your company, you must be able to compare how your company will be affected by the different options available. The only way to compare this is by forecasting different financial statements for every possible alternative that your company might choose.

You might be interested in
You go on vacation to Mexico and take $1,000 with you. During your time in Mexico, the peso appreciates in value relative to the
pogonyaev

Answer:

We will be able to purchase fewer goods and services.

Explanation:

Appreciation of a currency in terms of another currency implies an increase in the worth of a currency in terms of another currency.

An appreciation in the value of peso in terms of dollars means that the worth of peso has increased in terms of dollar.

In other words, the worth of dollar in terms of peso has decreased. The value of $1,000 will decline.

So, a tourist in Mexico with $1,000 will be able to buy fewer goods an services.

4 0
3 years ago
Read 2 more answers
American employees of Ujima Corp. learned that they should avoid using their left hand when giving a gift or handing out money w
Iteru [2.4K]

Answer:

The employess of the company would have discovered this cultural difference during a documentary training session.

Explanation:

In Cross-cultural training, there is commonly a documentary session after the field experience. In this documentary session, instruction material related to the cultural background is given to learners and foster their field experience. Cultural differences are understood in a documentary session when the learners compare their previous knowledge and experience about the new culture as also comparing with their culture.

8 0
3 years ago
Twifty Sports Inc. manufactures basketballs for the Women’s National Basketball Association (WNBA). For the first 6 months of 20
Xelga [282]

Answer:

Incremental Analysis for special order

units                                                                   <u>10,000</u>

offer price                                                          $290,000

Variable cost:

Cost of goods sold($22.5 *10,000)     225,000

Selling and Administrative expenses

($2.05*10,000)                                       20,500

shipping cost (0.77*10,000)               <u>    7,700  </u>     <u> (253,200)</u>

Additional contribution                                           <u>  36,800</u>

Explanation:

variable cost goods sold per unit  =  ( 3,633,000 - 960,000)/118800 = $22.5

Variable selling and admin expense per unit = ( 517,540 - 274,000)/118800                  

                                                                         = $ 2.05

8 0
3 years ago
Chec
Arada [10]

Answer:

THERE IS NO ANSWER FOR THIS

Explanation:

YOU NEED ALL THE MONEY

6 0
3 years ago
Creating product assortments from several sources to serve customers would be an example of a __________ function.
noname [10]
An example of a logistical function
8 0
3 years ago
Other questions:
  • Why might you complete 1040 instead of a 1040EZ
    8·2 answers
  • WHY should families use active listening strategies?
    10·2 answers
  • At the beginning of the accounting period, Nutrition Incorporated estimated that total fixed overhead cost would be $50,600 and
    12·1 answer
  • Four financial statements are usually prepared for a business. The statement of cash flows is usually prepared last. The stateme
    5·1 answer
  • What is the principal difference between less developed and more developed countries with regard to the percentages of primary,
    11·1 answer
  • Heidi is an energy drink salesperson. When selling her firm's drinks in the United States, she emphasizes how they will give con
    9·2 answers
  • You lend​ $5,000 to a friend for one year at a nominal interest rate of​ 10%. Inflation during that year is​ 5%. As a​ result, y
    15·2 answers
  • The natural rate of unemployment is the a. unemployment rate that would prevail with zero inflation. b. amount of unemployment t
    13·2 answers
  • I need help asap ! thank you :)
    9·1 answer
  • What is the maximum amount of new loans the bank could lend with the given amounts of reserves?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!