Answer:
c. Sales budget, budgeted income statement, budgeted balance sheet
Explanation:
First, we calculate the sales for the period. It would also calculatethe cash proceeds from sales, which will be useful for the balance sheet.
With that, we can plug sales revenue into the income statement and calcualte the net income.
And with the income statement, we can solve for retained earnings and build up the balance sheet. Among other data
Doing it in any other order, we are going to leave blanks and need to do the next one to fill them. In the proposed orde,r we do not need information from the subsequent budget to complete the previous one, which is good.
Answer:
A.Start a moderate portfolio and shift to high risk later in life.
Explanation:
Investment portfolio may be defined as the financial investments done by one. It is the collection or ownership of various assets and stocks, bonds, real estates, cash, etc.
In the context, Regina who is 25 year old wishes to start an investment plan. For this her financial advisor may suggest her to start her investment in a moderate portfolio and then later may shift to a high risk portfolio. This is because Regina is young and is new to investment. She is not experience enough to invest in high risk portfolio. When she gains knowledge about investments in her life then she can properly plan her investment in order to achieve maximum profit.
The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Therefore, Option D is the correct statement.
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<h3>What is the relationship between price and quantity?</h3>
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The law of supply and demand is a keystone of present-day economics. According to this theory, the price of a good is inversely associated with the quantity offered.
This makes the experience for plenty of goods because the more high-priced it becomes, much fewer people could be capable of affording it and the demand will finally drop.
Therefore, The inverse relationship between price and quantity demanded can be graphically illustrated by <u>a downward sloping curve.</u> Option D is the correct statement.
learn more about law of demand:
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Answer:
B. managerial cost report
Explanation:
A report that accumulate the actual expenses that a manager is responsible for and their budgeted amounts is Managerial cost report
If an interest-free period lasts between 12 and 14 months or longer, it is considered long-term. This is useful if you are making a major purchase and need extra time to pay it off without incurring interest.
<h3>what is the EMI process?</h3>
In the case of an EMI-based purchase or loan, the more you pay, the more times you pay.
If we make more payments or installments during the EMI process, we must pay more interest, which is a significant disadvantage of an EMI-based loan.
Similarly, if we consistently make minimal payments, our credit score would suffer as a result.
As a result, Option "D" is the correct answer.
For more information about long-term credit purchase refer to the link:
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