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3 years ago

When planning a budget, the biggest consideration should be the ____?

1 answer:

7 0

<span>The answer is B-Total Recurring Monthly in which it is a constant number that you can use or track all of your recurring monthly expenses over time and its an income that a business can count on receiving every single month, and its fundamentally different than traditional businesses. </span>

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The Mill Flow Company has two divisions. The Cutting Division prepares timber at its sawmills. The Assembly Division prepares th

shtirl [24]

Answer:

Cutting $0

Revenue $1,480,000

Explanation:

Cutting Assembly

Revenue $660,000 $2,500,000

Cost of services:

Incurred $ 660,000 $ 360,000

Transferred-in $0 $660,000

Total $ 660,000 $1,020,000

Operating income $ 0 $1,480,000

60,000 cords x $11 = $660,000

Operating income:

Cutting

Revenue $660,000 - Total $ 660,000 =0

Assembly

Revenue $2,500,000- Total$1,020,000

=$1,480,000

7 0

3 years ago

Flint Corporation issued 700 shares of no-par common stock for $7,800. Prepare Flint’s journal entry if (a) the stock has no sta

Masja [62]

Answer:Flint corporation journal $

Date

1. Bank account Dr 7800

Common stock Or. 7800

Narration. Issuance of 700 ordinary stock for $7800 .

2. Bank account Dr 7800

Common stock Cr. 1400

Share premium. 6400

Narration. Issuance of 700 ordinary at $7800 at a premium.

Explanation:

Shares can be issued at par, premium or discount. When it's issued at it's nominal value it's said to be issued at par, when it's issued above it's nominal value it's said to be issued at a premium and when it's issued below par it's said to issued at a discount.

4 0

2 years ago

Read 2 more answers

1. On June 30, 2018, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $21,000 on t

Mumz [18]

Answer:

$58,002.60

Explanation:

First, it is clear to include the $21,000 as part of the value of the equipment.

Now, the $9,000 annual payment after every year for six years need to be presented in its present value, meaning what is the value of those future amounts of $9,000 on June 30, 2018.

To calculate the present value of annuity (annuity means constant and equal payments) for those 6 payments of $9,000, we would need the Present Value Factor which is supplied from the Present Value Table.

Looking at 12% for 6 periods ("six annual installments") on the table, it gives the PV factor of 4.1114.

Just multiply $9,000 by 4.1114 and we get 37,002.60

Finally add the downpayment of $21,000 with the present value $37,002.60 and we would get the total value of the equipment of 58,002.60

5 0

3 years ago

When supply is higher than demand, prices will

Tju [1.3M]

I’m going to with “fall until the demand rises. Because google says “If the supply increases, the prices decreases.” Meaning until the demand is higher then the supply the prices will get decrease.

7 0

3 years ago

When a government collects more revenue in one year than it spends, there is a budget?

murzikaleks [220]

This is a profit, which increases next year's budget.

4 0

3 years ago