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arsen [322]
3 years ago
10

What are the main purposes of a budget?

Business
2 answers:
disa [49]3 years ago
7 0
In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance
Aleks [24]3 years ago
4 0
Following a budget will keep you out of debt if you are currently in one.
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The slope of the demand for loanable funds curve represents the Group of answer choices positive relation between the real inter
Andreyy89

Answer:

negative relation between the real interest rate and investment.

Explanation:

Loanable funds can be defined as the total income that are being saved and lend out, other than personal use or as consumption.

Also, it's the total amount investors chooses to borrow to fund their projects.

The slope of the demand for loanable funds curve represents the negative relation between the real interest rate and investment.

This slope of the demand for loanable funds usually slopes downward.

The equilibrium interest rate and quantity of loanable funds falls, when the demand for loanable funds shifts to the left.

7 0
3 years ago
True or false: if hubert's fire engines were a competitive firm instead and $80,000 were the market price for an engine, decreas
Amanda [17]

FALSE

because hubert being a competitive firm, if it decreases the price of engine, demand increases and thus production increases. Therefore revenue also increases.

7 0
3 years ago
Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
olga2289 [7]

Answer: a common stock.

Explanation:

Following the information given in the question, the additional $10,000 of owners' equity will be regarded as a common stock.

Commission stock is regarded as a corporate equity ownership and each share of stock simply means the holder has a small portion of ownership of that particular company. Every addition in owner's equity is common stock.

6 0
3 years ago
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, $141,000 in the common stock account,
spayn [35]

Answer: $589,500

Explanation:

The cash flow to the creditors in 2016 will be calculated as:

= $94,500 – ($1,590,000 - $1,405,000)

= $94,500 – $1,590,000 + $1,405,000

= -$90,500

For the shareholders, the cash flow in 2016 will be:

= $146,000 – [($151,000 + $2,960,000) – ($141,000 + $2,660,000)]

= -$164,000

Capital spending = $970,000

Cash flow due to the net working capital investment = -$126,000

OCF

= -$90,500 + (-$164,000) + $970,000 + (-$126,000)

= $589,500

3 0
3 years ago
Diego and his supervisor have coffee together every monday. this is an example of a
Rama09 [41]

Diego and his supervisor have coffee together every Monday is an example of a ritual

<h3>What is a ritual?</h3>

A ritual is described as set of activities which may involve gestures, words, actions, or objects, performed according to a set sequence.

According to Diego and his supervisor, there has a been a constant action performed every week (taking coffee together). Since this act has become repetitive, they have become a ritual.

Hence Diego and his supervisor have coffee together every Monday is an example of a ritual

Learn more on ritual here: brainly.com/question/14067072

#SPJ12

5 0
2 years ago
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