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Answer:
b. Sales, production, direct materials purchases, cash disbursements.
Explanation:
First, you calculate your sales.
Then, the amount produced to fulfill your sales and desired inventory stocks
Based on your production, you can calculate the direct materials purchases
Lastly, with the combination of raw materials purchases, along with other information, you generate the cash disbursements budget
a.- you need to know the production to know how much direct materials do you need. INCORRECT
c.- you can't calculate how much will you pay for the direct materials without knowing how many direct materials are needed. INCORRECT
d.- you need to know the number of sales, to know how much to produce. Else you will be producing without knowing how much do you need. INCORRECT
Answer:
True (From Proverbs 13:11)
Explanation:
A biblical quote from the bible book of Proverbs 13:11.
For example, <u><em>a gambler </em></u>who in effect tries to get money by fraudulent means will not get more or since the money has come easily, he may have very little appreciation for its value.
But someone who labours or do steady work will indeed add to his savings.
Answer:
Explanation:
The timeline would be as follows:
During the first 10 years, we deposit 5,000 at 7% market rate.
Then we withdraw at the beginning of Year eleven during 17 year. The market price for this period is 6%
First Step amount at end of year 10
FV = $69,082.24
Then, we are going to calculate how much can be withdraw during 17 years
At the beginning of the period at 6% rate
From the PV formula, we clear the Cuota and then we divide by 1.06 because we are doing an<em> annuity-due. </em><em>The amount is withdraw at the beginning of the period. </em>That's why we add a new element.
C = 6220.32