Answer:
d. dismissing all managers who fail to achieve operational goals specified in the budget
Explanation:
The budget, no matter how well it's done, It's a forecast.
Price can change without the company being able to intervene, the same goes for consumer demand, foreign currency rates changes, and other variables in the budget.
Having that in mind, the accounting can measure the variance and check the efficiency and price influence in the result below expected.
Therefore, dismiss immediately after not achieving a goal is not the purpose of a budget
Answer:
Cash flow to creditors in 2018 is −$85,000
Explanation:
2017 balance sheet of Kerber’s Tennis Shop, Inc is recorded as
Interest paid............................................................................$255,000
Less:
long-term debt in 2018.........................................................$2.21 million
Less: long-term debt brought forward from 2017..........$1.87 million
Total (taken as net new borrowing)...................................$340,000
Cash flow to creditors = 2018 Interest expense less net new borrowing
= $255,000 - $340,000
= −$85,000
Transactional leadership
Transactional leadership is a
leadership style that deals with the function of supervision, organization, and
employee’s performance to achieve high job performance. Leaders who carryout this
style focuses on specific tasks and use rewards and punishments to motivate followers.
Answer:
the break-even quantity is 18 students
Explanation:
Break Even point is when a firm neither makes a profit nor a loss
Break Even = Fixed Costs/Contribution per Unit
= $4800/($300-$30)
= 17.77777778
= 18 students
Please note that, the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800 represents a fixed cost as this does not vary with the number of students taking the training seminars.
Answer:
Budgeted sales:
Product XXX= $2,630,000
Product ZZZ= $6,304,000
Total sales= $8,934,000
Explanation:
Giving the following information:
Product XXX Sales in units:
Region I= 336,000 units
Region II= 190,000
Selling price per unit= $5
Product ZZZ Sales in units:
Region I= 254,000 units
Region II= 140,000 units
Selling price= $16.
<u>The budget sales for the period is simply a multiplication of the number of units to de sold and the selling price per unit.</u>
<u></u>
Budgeted sales:
Product XXX= (336,000 + 190,000)*5= $2,630,000
Product ZZZ= (254,000 + 140,000)*16= $6,304,000
Total sales= $8,934,000
