1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.
You might be interested in
At which stage of new product planning does the management select the marketing campaign, identify regions to cover, and decide
denpristay [2]
The answer for your question is B
8 0
3 years ago
Read 2 more answers
Without a strong legal systems in a market economy:
STALIN [3.7K]

Answer:

<u>A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.</u>

Explanation:

  • As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.  
  • Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.
  • Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.
5 0
3 years ago
The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders requi
Galina-37 [17]

Answer:

Return n investment = 11.67%

Explanation:

Return on Investment is the proportion investment that is earned as operating income.

For the division, the return on investment would be the proportion of te investment in assets that is earned as  net income.

This would be determined as follows;

Return n investment = (Net income÷ Operating assets) × 100

Return n investment = (175,000   ÷ 1,500,000) × 100= 11.67%

Return n investment = 11.67%

3 0
3 years ago
The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate va
goldenfox [79]

Answer: uniqueness

Explanation:

8 0
2 years ago
Liquidity is _________. Question 10 options: equal to the market value of a firm's total assets minus its total liabilities gene
azamat

Answer:

valuable to a firm even though liquid assets tend to be less profitable to own

Explanation:

3 0
2 years ago
Other questions:
  • Your firm needs a machine which costs $260,000, and requires $47,000 in maintenance for each year of its 10 year life. After 5 y
    10·1 answer
  • Which statement is FALSE regarding OSHA inspections?
    11·2 answers
  • Suppose that in slovakia one unit of labor can produce either 16 tons of wheat or 32 tons of soy and in poland one unit of labor
    9·1 answer
  • A firm that offers tailor-made suits to its customers is appealing to the ____________ dimension of the customers’ utility funct
    8·1 answer
  • Which of the following is the first step of making an ethical decision?
    11·2 answers
  • The following information is available for Sage Hill Corporation for the year ended December 31, 2022.
    8·1 answer
  • The management process is complex. The management functions include
    13·1 answer
  • Inventory turnover is calculated as __________ divided by __________.
    5·2 answers
  • Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have w
    12·1 answer
  • A 15% increase in sales resulted in a 40% increase in net income for Company A and a 60% increase in net income for Company B. B
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!