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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.

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You can avoid storage and assaying problems by investing in:
Aleksandr [31]
The answer that best fits the blank is GOLD BULLION COINS. In order for you to avoid problems regarding storage, it would be best to invest in this kind of kinds. Typically, brokers would require at least 10 coins plus a 2% commission fee. Since it is gold and gold is considered to be one of the metals with a very high value, this would also mean that these coins also take the value of gold in the market.
7 0
3 years ago
The role of ______ control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review st
RUDIKE [14]

Answer:

Informational

Explanation:

The role of "informational" control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review strategies. Informational control is when a business gathers information and analyzes that information from different perspectives to come up with better strategy's in order to better the business itself.

Hope this helps.

4 0
3 years ago
Holdup Bank has an issue of preferred stock with a stated dividend of $4.25 that just sold for $93 per share. What is the bank’s
Aleks04 [339]

Answer:

cost of preferred stock will be equal to 4.56 %

Explanation:

We have given dividend on the preferred stock = $4.25

As the stock is sold for $93 per share so current price = $93

We have to find the preferred stock

We know that preferred stock is given by

Preferred stock =\frac{dividend}{current\ price}=\frac{4.25}{93}=0.0456 = 4.56 %

So cost of preferred stock will be equal to 4.56 %

6 0
3 years ago
In which months of the year was inflation rate outside the target?
Tomtit [17]
In a Business Day survey of 13 economists, the consensus forecast was for the consumer price index (CPI) to have increased 6.3% year on year in June.
5 0
3 years ago
High income countries are classified as having a gdp per capita that is greater than ________
fredd [130]

Answer:

greater than : $12376 US dollars

Explanation:

According to the World Bank report of  2018 made by using Atlas method, a country with a Gross Capital Income greater than US $12376 is considered as Higher Income Economy country. According to this report there are more than 100 countries which have High Income Economy. Most of the countries comes under this are the members of the United Nations. There are also non UN member countries which reported under this.

3 0
3 years ago
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