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Strike441 [17]
3 years ago
14

A formalized report that summarizes your current financial situation, analysis your financial needs, and recommends a direction

for your financial activies is an: a: insurance prospectus b: financial plan
C. Budget
D.investment forecast
Business
2 answers:
katrin2010 [14]3 years ago
5 0
C. Budget. BudgetBudget
Neko [114]3 years ago
5 0

Answer:

The correct answer would be option B, Financial Plan.

Explanation:

A financial plan is a document or report which summarizes the current financial situation of the company, gives analysis of your financial needs and recommends a direction for your financial activities. This report is basically a plan towards the financial improvements by seeing the current financial position and analyzing the financial needs of the company at the moment. This report summarizes all the financial aspects of the company and suggests a plan to move forward.

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company B has the greater operating leverage

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A cost-accounting method called operating leverage assesses how much a company or project can raise operating income by raising revenue. A company with significant operating leverage creates sales with a high gross margin and low variable costs.

The break-even point of a business is determined using operating leverage, which also aids in determining the right selling prices to cover all expenditures and make a profit.

Regardless of whether they sell any units of product, businesses with significant operational leverage must cover a bigger amount of fixed costs each month.

Low-operating-leverage businesses may have high variable costs that are directly related to sales, but they also have fewer monthly fixed expenses.

Learn more about operating leverage with the help of given link:-

brainly.com/question/6238482

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1 year ago
Consider a production possibilities frontier (PPF) with good X on the horizontal axis and good Y on the vertical axis. The PPF i
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Answer:

C

Explanation:

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If the PPF is a straight line, it means there is a constant opportunity cost no matter the point one is on the curve

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3 years ago
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