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3 years ago

Which step of formulating a financial budget involves using forecasting techniques to help predict revenue?

Business

1 answer:

Tamiku [17]3 years ago

6 0

Answer: The correct answer is (A): planning and gathering financial information.

Explanation: Forecasting technique is used while planning and gathering financial information. This step helps in predicting revenue. Formulation of financial budget depends on the size and type of the business. This information is used by organization for developing their budgets. It helps to forecast the future, anticipate risks and prevent them.

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If the economy is in a recession, according to Keynesian economists, which fiscal policy is likely help this economic issue?

VashaNatasha [74]

Answer:

expansionary fiscal policy.

Explanation:

expansionary fiscal policy is most appropriate when an economy is in recession and producing below its potential GDP.

5 0

3 years ago

The average American’s real income today is about four times what it was in _________.

s344n2d4d5 [400]

Answer:

The average American’s real income today is about four times what it was in 1960. Average lifetime lengths have increased by 12%, the number of hours worked per week has decreased by 17% , and homes have more than doubled in size.

Explanation;

Economic data shows that Americans make on average, about 4 times what they were making in real income in 1960 due to exponential economic growth.

At the same time, Americans are also living a longer life by 12% on average than in 1960 when the life expectancy was around 70 years. Today it is around 78 years.

Americans are also working fewer hours than their 1960 counterparts because where in 1960 they worked for an average of 50 hours a week, recently that number hovers around 40 hours a week.

Houses built are also larger than they were in the '60s as income has increased and preferences have changed.

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4 years ago

The Skysong Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share i

DENIUS [597]

Answer:

Building C

Explanation:

Building A: Purchase for a cash price of $620,000, useful life 27 years.

Building B: Lease for 27 years with annual lease payments of $71,170 being made at the beginning of the year.

Building C: Purchase for $657,500 cash. This building is larger than needed; however, the excess space can be sublet for 27 years at a net annual rental of $6,200. Rental payments will be received at the end of each year.

11% cost of funds

we must determine the present value of each option:

Building A's present value = $620,000
Building B's present value = $71,170 x 9.48806 (PV annuity due factor, 11%, 27 periods) = $375,265.23
Building C's present value = $657,500 - [$6,200 x 8.5478 (PV ordinary annuity factor, 11%, 27 periods) = $657,500 - $52,996.36 = $604,503.64 (LOWEST PV)

7 0

3 years ago

A computerized inventory system that simulates needed materials requirements for the finishedâ product, and then compares produc

lord [1]

A computerized inventory system that simulates needed materials requirements for the finished a product, and then compares production needs to available inventory balances to determine when orders should be placed is the ________.

materials requirement planning system

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3 years ago

To obtain your credit report, you should _____.

zhuklara [117]

Hey there,

Your question states: To obtain your credit report, you should _____.

Your correct answer would be write to the credit bureau.

Hope this helps.

~Jurgen

7 0

3 years ago

Read 2 more answers