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Elenna [48]
3 years ago
12

Which of the following is a feature of a good budget?

Business
2 answers:
lisov135 [29]3 years ago
5 0
A would be the answer
kiruha [24]3 years ago
4 0

B and C, are bad feautures. A makes more sense, than D, so A should be your answer.

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Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
madam [21]

Answer:

Income

Explanation:

5 0
3 years ago
Read 2 more answers
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000 Sales revenue $ 1,560,00
Readme [11.4K]

Answer:

The company's degree of operating leverage is closest to $840000

Explanation:

Selling price per unit = Sales revenue / No. of bags sold

= $1560000/200000 bags = $7.8 per bag

Variable cost per unit=Total variable expenses/No. of units

= $840000/200000 units = $4.2 per bag

Company’s unit contribution margin = Selling price per unit-Variable cost per unit

= $7.8 per unit-$4.2 per unit = $3.6 per unit

Company's degree of operating leverage = Variables manufacturing expense + Variable selling and administrative expense

=$660000+$180000 = $840000

5 0
3 years ago
If the price elasticity of supply is 0.5 and the quantity supplied decreases by 6%, then the price must have decreased by 3%. a.
PolarNik [594]

Answer: False

Explanation:

The price elasticity of supply measures the change in quantity supplied when the price changes.

The basic trend is that when price increases, quantity supplied increases as well. The reverse is true.

Price elasticity of supply = %Change in quantity supplied / % change in price

0.5 = -6% / Change in price

0.5 * Change in price = -6%

Change in price = -6% / 0.5

= -12%

The statement above is therefore false because price should have reduced by 12% for quantity supplied to reduce by 6%

3 0
3 years ago
The current price of a non-dividend-paying stock is $80. Over the next six months it is expected to rise to $90 or fall to $74.
umka21 [38]

Answer:

Buy 0.8 shares for each option purchased

Explanation:

Calculation to determine What is necessary to hedge the position

Using this formula

N=Vu-Vd/U-D

U = stock price in case of an up move = $36

D = stock price in case of an down move = $26

VU = put option value if stock goes up = $0

VU = put option value if stock goes down = $32 - $26 = $6

Using this formula

N=

−

V

U

−

V

D

U

−

D

N

=

−

0

−

6

36

−

26

N

Now let calculate What is necessary to hedge the position

Value =74 x + 6

Hence,

90x=74x + 6,

x=6/(90-74)

x=6/16

x=.375

3 0
3 years ago
The first step of the accounting cycle is to
elixir [45]
A. Record journal entries
3 0
3 years ago
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