All categories

3 years ago

What type of budget is used to forecast income and expense for ongoing business operations?

Business

1 answer:

Kruka [31]3 years ago

4 0

Answer:

The correct answer is: Operating budget.

Explanation:

An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the number of sales expected in dollars, fixed and variable costs as well as operating expenses such as loan payments or depreciation.

You might be interested in

why would materials such as iron ore, steel, lumber, and coal be transported via ships from the united states to japan,rather th

BARSIC [14]

Idk so you need to ask somebody else because I’m really dumb and I don’t have the answer for u

7 0

3 years ago

A manufacturer estimates that its product can be produced at a total cost of C(x) = 50,000 + 100x + x3 dollars. If the manufactu

timofeeve [1]

Answer:

The level of production x that will maximize the profit is: 22,966

Explanation:

C(x) = 50,000 + 100x + x³

R(x) = 3400x

P(x) = R(x) - C(x)

= 3400x - [50,000 + 100x + x³]

= 3400x - 50,000 - 100x - x³

= 3300x - 50,000 - x³ .................... (A)

P'(x) = 3300(1) - 0 - 3x²

= 3300 - 3x²

At a critical point, P'(x) = 0

∴ 0 = 3300 - 3x²

3x² = 3300

x² = 1100

x = ± $\sqrt{1100}$

P"(x) = -6x

P( $\sqrt{1100}$ ) = -6 ( $\sqrt{1100}$ ) < 0

by second derivative, 'P' max at x = $\sqrt{1100}$ = 33.17 (rounds)

since x = $\sqrt{1100}$ ,

recall that P(x) = 3300x - 50,000 - x³ from equation (A)

Therefore, Maximum Profit

P( $\sqrt{1100}$ ) = 3300 $\sqrt{1100}$ - 50000 - $\sqrt{1100} ^{3}$

= 3300(33.17) - 50,000 - 33.17³

= 109461 -50,000 - 36495.26

= 22,965.74

Maximum profit is 22,966 to the nearest whole number

5 0

3 years ago

The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.

Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

Explanation:

Expected return= free return + Beta (Expected rate of return – risk free rate)

Portfolio A

6%+ +.8*6%

= 6%+4.8%= 10.8%

Portfolio B

6%+1.5(6%)

6%+9%= 15%

It depends on different factors. Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

4 0

4 years ago

The application was built with regard to the number of files that can be sent and not built according to the size of each file.

Strike441 [17]

Answer: incomplete

Explanation: the client provided Kanska with incomplete details, in its requirement the client should have specified that the sizes of the files sent differ

7 0

3 years ago

Assuming the Fashion line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Fashio

horrorfan [7]

Answer:

A) Increase $137,500

Explanation:

Calculation for how will operating income be affected

CHANGE IN OPERATING INCOME

Sales Revenue (Additional) $850,000

(250 %* 340,000)

Less Variable expenses (Additional) ($587,500)

(250 % *$ 235,000)

Contribution Margin $ 262,500

($850,000-$587,500)

Less Fixed Expenses ($76,000)

($262,500-$76,000)

Operating Income $ 186,500

( $ 262,500-$76,000)

Less Previous Operating Income ($49,000)

Operating Income $137,500 Increase

($ 186,500-$49,000)

Therefore the operating income will increase by $137,500

7 0

3 years ago