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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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Journalize the following transactions of Trapper Jon’s Productions. Assume 360 days in a year.
Sindrei [870]

Answer:

Explanation:

To record note received

On June 23.                                      Debit                          Credit

Notes Receivable                           $48,000                      

Accounts receivable for Radon ExpressCo                          $48,000

interest revenue = $48,000 x 8%x 90/360

To record dishonored note

On September 21st                        Debit                              Credit

Accounts receivable for Radon Co $48,960

Notes Receivable                                                             $48,000

Interest Revenue                                                                   $960                                                                        

Interest Revenue  $48,960 x 10%x 30/360 = $408

Journal to record Cash Received        

     October 21                                             Debit             Credit

Cash                                                   $49,368

Accounts Receivable for Radon Express Co             $48,960

Interest                                                                               $408  

                       

4 0
3 years ago
At Bargain Electronics, it costs $29 per unit ($16 variable and $13 fixed) to make an MP3 player that normally sells for $51. A
Sphinxa [80]

Answer:

The special order should be accepted, as it will increase Net income by $38,000.

Explanation:

                            Differential Analysis

                                   Reject     Accept     Net income Increase/(Decrease)

Revenues                       0        $118,750                 $118,750  

Cost-manufacturing       0        $76,000                -$76,000  

Shipping                         0        $4,750                   <u>-$4,750</u>

Net income                    0        $38,000                 <u>$38,000</u>

The special order should be accepted, as it will increase Net income by $38,000.

<u>Workings</u>

Accept Order Revenue = 4,750 *$25 = $118,750

Accept Order Cost-manufacturing = 4,750 * $16 = $76,000

Accept Order Shipping = 4,750 * $1 = $4,750

5 0
3 years ago
The difference between the actual allocation base​ (actual quantity) and the amount of the allocation base that should have been
topjm [15]

Answer:

B. variable overhead efficiency variance

Explanation:

Answer option A, C, and D are incorrect. In variable overhead cost variance, we determine the difference between the actual and budgeted cost. In fixed overhead cost variance, we do not use allocation base cost. Again, in fixed overhead volume variance, we cannot use allocation base cost.

'B' is correct because the difference between the actual allocation base quantity and budgeted allocation base quantity multiplying with the standard rate states the variable overhead efficiency variance. The activity level is required to determine efficiency variance.

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A recent candidate for mayor of a major city wanted to win the election by focusing the voters' anger-at bad economic conditions
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<span>This despicable campaign strategy makes use of the concept of </span>scapegoating.  Scapegoating is putting the blame on another person or group for something they did not do. In this campaign strategy, the blame is being put on mexican-americans and the candidate is using that to try and sway votes. Scapegoating is frowned upon and is normally used as an ego defense mechanism. 
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3 years ago
1) What item is in a Perfect Competition Market at the Braves Stadium? Explain how you determined this.
klemol [59]
Agricultural markets. In some cases, there are several farmers selling identical products to the market, and many buyers. ..
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