All categories

3 years ago

A static planning budget

Business

1 answer:

bixtya [17]3 years ago

8 0

Answer:

C and D

Explanation:

In preparing a static budget, managers use predicted values for inputs and outputs. The anticipated prices are adopted at the beginning of the accounting period. A static budget is a forecast of the expected revenues and expenses of an organization over a specified period. The prices used in a static budget remain unchanged regardless of market fluctuations. Static budgets are also called fixed budgets

At the end of a period, the actual numbers realized may be quite different from the figures in a static budgeted. Managers use static budgets to target the level of expenses, costs, and revenues. Governments departments and non-profit organizations use static budgets as their incomes are unlikely to change throughout a period.

Management compares the actual results at the end of a period, and the budgeted numbers at the beginning to measure perfomance or achievement. The comparison is for both revenues and expenditures.

You might be interested in

Ronald Rawls and Zabian Bailey were in an auto accident in Bridgeport, Connecticut. Bailey rear-ended Rawls at a stoplight. Evid

guapka [62]

Answer:

Yes, Rawls could collect.

Explanation:

It is possible that Rawls collects damages due to negligence. This is due to the fact that the main cause of the accident was not substantiated by the Progressive Northern Insurance Company. The company claimed that the accident could have been caused by a series of events and the company was also not certain about the main cause of the accident.

4 0

3 years ago

Read 2 more answers

You are given the following information for Cleen Power Co. Assume the company’s tax rate is 40 percent. Debt: 5,000 6.6 percent

Misha Larkins [42]

Answer:

WACC = 8.84%

Explanation:

Face value= $ 1000 (assume)

Current price = 1000* 109% = 1090

semianual interest =1000 *.066*6/12 = 33

semiannual months = 20 *2 = 40

Yield to maturity of bonds = [semiannual interest +(face value -current price) /months]/[(face value+price)/2]

= [33 + (1000- 1090 )/40 ]/[(1000 +1090)/2]

= [33 + (-90/40) ] / [2090 /2]

= [33 - 2.25 ] /1045

= 30.75 /1045

= .0294 or 2.94% semiannually or (2.94*2) =5.88 % annually

After tax cost of debt = 5.88 (1- .40 ) = 3.528 %

Market value of bond = 1090 *5000 = $ 5450000

b)cost of equity =Rf +[beta*market premium ]

= 4.6 + [1.12 * 5]

= 4.6 + 5.6

= 10.20 %

market value of equity = 380000*56 =$ 21280000

Total market value of debt and equity =5450000 +21280000

= $ 26730000

weight of debt = 5450000/26730000 = .2039

weight of equity = 21280000 /26730000 = .7961

WACC = (after tax cost of debt *WD)+(cost of equity *We)

= (3.528 * .2039 )+(10.20 * .7961)

= .7194 + 8.1202

= 8.84%

7 0

3 years ago

A local college of business offers an outstanding business school education. Cali pays the tuition to attend and earns her MBA w

GrogVix [38]

Answer:

Yes, there is marketing exchange.

Explanation:

Marketing exchange is the exchange which happens or take place when two or more people trade services or goods. In theory of marketing, each exchange is supposed to have a utility.

So, in this case, there is marketing exchange of paying the tuition fees for or against the knowledge and it directly lead to the new job of Cali.

8 0

3 years ago

Describe how organizational culture is related to project management. What type of culture promotes a strong project environment

alukav5142 [94]

Explanation:

Every company regardless of its size or area of activity has an organizational culture, formally instituted or not.

Organizational culture can be defined as the company's identity, it is a system of values, procedures and behaviors that are shared by all members of an organization. A culture can be rigid or flexible, innovative or conservative, strong or weak, hostile or supportive.

Therefore, the relationship that the organizational culture has with the project management area is the impact on the behavior and form of action of the project members, the culture has a relevant impact on the identity of the professional.

The ideal type of culture to promote a strong project environment is a culture focused on innovation and the guidance and coordination of staff, with an emphasis on the group, so that there is integration, motivation and a favorable climate.

3 0

3 years ago

Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 5% and the term is for 5 years.

Anna71 [15]

Answer:

The amount of interest paid is $ 1,500.

Explanation:

Given that Perry Mazza wants to borrow $ 30,000 from the bank, and the interest rate is 5% and the term is for 5 years, to determine what is the amount of interest paid, the following calculation must be performed:

(30,000 x 5) / 100 = X

150,000 / 100 = X

1,500 = X

Therefore, the amount of interest paid is $ 1,500.

8 0

3 years ago