Answer:
correct option is Budgeting forces management to plan for the future.
Explanation:
The budget depends on the control cycle to design the planning cycle for future action. Because budget is the only way to compare reality in determining performance evaluation, but budget is not in the nose of planning the future
so correct option is Budgeting forces management to plan for the future.
Answer:
Trina's Trikes have equity of 5.03 million
Explanation:
Debt to equity ratio is the rate of debt as compared to equity of the firm.
We can calculate the amount of equity by using formula of debt to equity
Debt to equity = Total Debt / Total equity
1.83 = 9.2 million / Total equity
Total Equity = 9.2 million / 1.83
Total Equity = 5.03 million
Answer:
$4,000
Explanation:
Implicit cost is the cost which is an income foregone internally, that is not the exact opportunity cost, here opportunity cost is salary foregone, that is $60,000.
But implicit cost would be $4,000 if the financial assets are now used in business, and are not left as they are.
Implicit cost is internally generated opportunity cost.
Since here he outlays, $8,000 let us say these were used earlier as financial assets to generate revenue, now $4,000 would be considered as implicit cost, that is earlier generated revenue from internal funds.
Final Answer
$4,000
Answer:
The asnwer is C, Certificate of deposit.
Explanation:
In the U.S., securities are defined as contracts in which one party invests money with another and expects to make a return.
Regular bank cerificates of deposits are not regulated as securities.
Cerificates of deposits are time-deposit agreements between individuals and banks that involve a depositor committing funds to the bank for a predetermined period of time in exchange for a specified rate of interest.
