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Anika [276]
4 years ago
14

Which of the following would represent the order in which most master budgets are prepared? Multiple Choice Sales, Income Statem

ent, Cash, Purchases Purchases, Cash, Sales, Income Statement Purchases, Sales, Cash, Income Statement Sales, Purchases, Cash, Income Statement
Business
1 answer:
AlekseyPX4 years ago
8 0

Answer:

Sales, Purchases, Cash, Income Statement

Explanation:

The Budgeting Process Starts with determining the <em>Number of Units</em> that need to be <em>sold</em>.Then the <em>Production Budget</em> is prepared to determine the number of units which need <em>to produced</em> to meet the sales.Within the <em>production Budget</em> we can establish the amount of <em>Purchases</em> the firm need to make <em>to satisfy</em> <em>production</em>.A <em>Cash Budget</em> is then prepared to establish Balances of cash from inflows (sales budget) and outflows (purchases budget). then Lastly the  Income Statement.

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In its most recent financial statements, Nessler Inc. reported $80 million of net income and $1,200 million of retained earnings
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Answer:

$140 million

Explanation:

Given that,

Ending Retained Earnings = $1,140 million

Beginning Retained Earnings = $1,200 million

Net Income = $80 million

Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividends

$1,140 million = $1,200 million + $80 million - Dividends

Dividends = $1,200 million + $80 million - $1,140 million

                 = $140 million

Therefore, the dividend of $140 million were paid to shareholders during the year.

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4 years ago
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You must select one study topic that can be thoroughly studied. Clearly define your bounds. Take into account this illustration of topic concentration. Try this question instead of "I am interested in why children are not succeeding": "What effect does comprehending specialised academic language have on accomplishment in the natural sciences for third-grade Hispanic second-language learners?"

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This technological revolution also had a great economic impact, generating new business models.

Companies have to adapt to this reality and insert themselves in the new market based on the internet, in creating relationships with consumers, in the practice of positive social and environmental attitudes, etc. Some companies needed to reinvent themselves to adapt to the new economic context, or they would lose strength in the market and would cease to exist.

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