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
Marizza181 [45]
3 years ago
7

Managers analyze ___________ to determine whether the organization is earning income as expected or exceeding or falling short o

f expectations. This budget does not show cash outlays.
Answer Choices:

Option 1: A Capital Budget

Option 2: An Expense Budget

Option 3: A Revenue Budget

Option 4: A Cash Budget
Business
1 answer:
damaskus [11]3 years ago
8 0
Option 3 a revenue budget
You might be interested in
Cicchetti Corporation uses customers served as its measure of activity. The following report compares the planning budget to the
Marina86 [1]

Answer and Explanation:

The Preparation of the company's revenue and spending variances for December is prepared below:-

The report with respect to the company revenue and spending variance is presented in the attachment below

The revenue refers to the sales of the company

And, the spending variance refers to the difference between the actual amount of expenses incurred and the budgeted amount of expenses incurred. The same is shown in the below attachment.

8 0
3 years ago
The market demand for wheat is Q = 100 − 2p + 1pb + 2Y . If the price of wheat, p, is $2, and the price of barley, pb, is $3, an
stira [4]

Answer:

0.95

Explanation:

Given that,

Market demand for wheat: Q = 100 − 2p + 1pb + 2Y

price of wheat, p = $2

price of barley, pb = $3

Income, Y = $1000

Q = 100 − 2p + 1pb + 2Y

   = 100 - (2 × 2) + (1 × 3) + (2 × 1,000)

   = 100 - 4 + 3 + 2,000

   = 2,099

Differentiating Q with respect to Y,

dQ/dY = 2

Income elasticity of wheat:

= (dQ/dY) × (Y ÷ Q)

= 2 × (1,000 ÷ 2,099)

= 0.95

4 0
3 years ago
The market situation of a monopolistic competitor is made more complex than our simple revenue-and-costs graphs would suggest, b
zhannawk [14.2K]

Answer:

The answer is price, product, and advertising.

Explanation:

The market situation of a monopolistic competitor is made more complex than our simple revenue-and-costs graphs would suggest, because the firm in reality juggles three decisions: price, product, and advertising.

3 0
3 years ago
Your landscaping company can lease a truck for $7,800 a year (paid at year-end) for 6 years. It can instead buy the truck for $3
Alexandra [31]

Question:

Graded assignment(towards 15% Hw grade) Saved Help Save& Exit Submit Check my work Your landscaping company can lease a truck for $7,800 a year (paid at year-end) for 6 years. It can instead buy the truck for $38,000. The truck will be valueless after 6 years. The interest rate your company can earn on its funds is 7%. 10 points

What is the present value of the cost of leasing?

Answer:

Cost of lease = $37,179.01

Explanation:

Leasing is a finance arrangement where one party (the lessor) transfers the right to use an asset to another party (the leasse) in exchange for a rent.

The cost of a lease to the leasee is the present value of the future lease payment  discounted at the cost of capital.

So using the present value of annuity formula, we can work out the cost of the lease arrangement as follow:

PV =A×  (1- 1+r)^(-n)/r

PV- Present Value

r- interest rate

n- number of years

A- annual lease payment

PV -

A-7,800

r-7%

n-6

PV = 7,800× (1- (1.07)^(-6)/0.07 =  37,179.01  

Present Value = $37,179.01

Cost of lease = $37,179.01

5 0
3 years ago
Lynette Company's Inventory balance at 12/31/04 was $200,000 and was $188,000 at 12/31/05. Its Accounts Payable balance e at 12/
Viefleur [7K]

Answer:

A) $704,000.

Explanation:

For computing the cash payments we need to calculate the following amounts which are as follows

Total purchases = cost of goods sold + ending inventory - opening inventory

= $720,000 + $188,000 - $200,000

= $708,000

Now cash payment to merchandise is

= Beginning account payable balance + purchased made - ending account payable balance

= $80,000 + $708,000 - $84,000

= $704,000

Hence, the correct option is A. $704,000

3 0
3 years ago
Other questions:
  • Steve Corp bought a $600,000 apartment building in June of 2014. Of the purchase price, $104,950 is allocated to the value of th
    10·1 answer
  • It is safe to use your bright headlights if there is a car ahead of you within 300 feet. True or False?
    8·2 answers
  • The ability of a government to exert control over a person or corporation is called _____.
    10·1 answer
  • Identify the three branches of the federal government and the role of each branch with regard to equal employment opportunity.
    11·1 answer
  • What constitutes an implicit cost to the johnston manufacturing company?
    9·1 answer
  • Juan, the owner of Quality Catering, is driven by competition. He is very focused on meeting deadlines and quality, and on deliv
    9·1 answer
  • __________are increasingly popular becasue they can be both infromative and entertaining, and often the cost of airing of a 30-m
    8·1 answer
  • According to the CME Group, the market price of the E-mini futures is $2,939.25. Each futures contract delivers 50 times the ind
    13·1 answer
  • XYZ Company operates on a remote interstate highway. It provides premium services to truckers en route to remote locations. It h
    5·1 answer
  • Five years from today, you plan to invest $2,500 for 7 additional years at 8.4 percent compounded annually. How much will you ha
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!