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Natali [406]
3 years ago
11

What are the characteristics of successful budgets? What can you do to cultivate these successful characteristics in your own mo

ney management?
Business
1 answer:
schepotkina [342]3 years ago
7 0
Successful characteristics of budgets include: well planned, realistic, spending habits, methods to keep track of spending and how to manage for variable expenses. To Make sure that the budget is successful and will work for you and your family, it is important to write everything out and see what is realistic and what is not. If you set a grocery budget of $400 a month and you know you can not stay under that, there needs to be wiggle room for changes to be made to the budget. Realistic and well planned budgets are the only way to make it work and to stay true to the budget. 
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Herman Corporation had net income of $120,000 and paid dividends of $24,000 to common stockholders and $20,000 to preferred stoc
Mumz [18]

Answer:

20%

Explanation:

Return on common stockholders' equity is a ratio that shows how successful a company is in generating a return for the equity holders. It is worked out by dividing the net income available for common stockholders by common stockholders’ equity. It is expressed by the following formula:

Income available to common stockholders

= \frac{Net Income - Preferred dividend }{ Average common stockholders' equity}

Thus, return on common stockholders' equity

  = \frac{120,000 - 20,000}{500,000}

   = \frac{100,000}{500,000} *100

   = 20%

8 0
3 years ago
Danielle has asked some closed-ended questions to start an interview; then some open-ended questions. Now she wants to really wa
insens350 [35]

Answer:

Probing

Explanation:

Probing is the term which is defined as the examine thoroughly, search into, ask the question closely and to explore with the probe.

For example, Asking What do think will happen?, Why do think this is the case and What sort of impact do you think?

So, in this case, Danielle who asked questions which are close ended as well open ended and she also asked some greater depth of the information regarding the process. Therefore, she probably uses the probing questions.

7 0
3 years ago
g You are the assistant to the CEO of a small technology firm that manufactures quality, premium-priced, stylish clothing. The C
antoniya [11.8K]

Answer:

Explanation:

Based on the information provided it can be said that the best advice would be to mention that an in-depth analysis of the countries in which the firm is considering exporting to needs be done. This is because every country has unique differences in various areas such as its laws, culture, stability, etc. This information can drastically change the odds in regards to being profitable in that specific area, and can therefore, change the decision of whether to export to that country or not.

5 0
3 years ago
Brief exercise 1-9 at the beginning of the year, morales company had total assets of $816,000 and total liabilities of $526,000.
kramer

<u>Calculation of amount of stockholders' equity at the end of the year:</u>


At the beginning of the year, Morales Company had total assets of $816,000 and total assets increased $178,000 during the year, hence Total Assets at the end of the year shall be 816000+178000 = $994,000


At the beginning of the year, Morales Company had total liabilities of $526,000 and total liabilities decreased $82,000 during the year. Hence Total Liabilities at the end of the year shall be 526000-82000 = $444,000


Now we can calculate amount of stockholders' equity at the end of the year as follows:

Equity = Assets – Liabilities

= 994,000-444,000

= $550,000


Hence, the amount of stockholders' equity at the end of the year shall be <u>$550,000</u>


6 0
3 years ago
QUESTION 3 Project governance does NOT include Setting standards for project selection. Overseeing project management activities
zimovet [89]

Answer: Allowing project managers to plan the project the way they see fit.

Explanation: Project governance may be described as collectively adopted and designated framework or structure which is employed to serve as a guide or model during the entire process of project planning and development. The project governance model is often in tandem with the organizational management framework and provides the necessary guidance and protocol for project management. Hence, it includes setting standard benchmarks, continuous monitoring of project activities and Options for standard incorporation and continuous improvement.

8 0
3 years ago
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