Answer:
a. Depreciation expense is not explicitly included, but depreciation's effects are reflected in the estimated tax payments.
Explanation:
The cash budget is the budget that represents the receipts and payment of transactions held in cash
It includes the interest and dividend payment as it shows the outflow of cash if payment is made in cash
Moreover, it also affects the DSO and includes cash inflows with related to the long term sources such as issuance of bonds
But as we know that the depreciation is a non cash expense so it not much included but its effects are projected in the payment of tax
Answer:
limited resources to satisfy virtually unlimited wants.
Explanation:
The economic issue is basically that of determining whether to allow the most use of finite capital to meet limitless human needs.
Person has limitless wishes, which are seldom fulfilled, in economics studies involve how to offer greater pleasure with limited resources or how to allow effective use of limited resources.
The plans that must be involved are the strategic planning, the mid level, the low level, the operational planning, the top level planning.
Explanation:
In the strategic planning the company's stakeholders will ask them were they want their company to be in five years
The middle level staff will decide to focus in recruiting the new clients and to increase the productivity and they will find the way to give back to the company
Being a low level employee it is necessary that one must interact with the customers and contribute to the company's performance
In the operational planning it will be difficult to manage the customers meet their day to day needs and satisfy them
A meeting will be held with the top level staff and hence they will be coming up with the new tools of the operational planning
Answer:
Campus Stop, Inc.
Partial Income Statement
Sales revenue $323,300
Sales returns ($1,730)
Sales discounts and allowances <u> ($2,270)</u>
Net sales $319,300
Cost of goods sold <u>($172,870)</u>
Gross profit $146,430
Gross profit margin = $146,430 / $319,300 = 45.86%
The three bottom line in the social responsibility are :
- Economic
- Social
- Environment
This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.
