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stepladder [879]
3 years ago
10

LO 7.1Which of the following is true in a bottom-up budgeting approach?

Business
1 answer:
Sedbober [7]3 years ago
6 0

Answer:

The correct answer is letter "D": Departments determine their needs and relate them to the overall goals.

Explanation:

The bottom-up budgeting approach consists in giving each department within a firm the power of setting and controlling their budget according to the projects the department intends to develop that matches with the ultimate goal of the organization as a whole. It might be beneficial because each department is likely to come up with a budget that adjusts better to their needs but it could represent a headache for the company when it comes to racking each expense for each area.

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What is the main difference between ballon mortgage and arm
LenKa [72]

Answer:

A balloon mortgage is a type of a loan that requires the borrower to make the payment as a lump-sum at the maturity period while under the ARM the borrower is allowed to choose the small periodic payments suitable for both the lender and the borrower.  

ARM is the abbreviation for Adjustable Rate Mortgage. therefore the loan repayment changes according to agreement between the lender and the  borrower.

4 0
3 years ago
Read 2 more answers
On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per
ki77a [65]

Answer:

8%

Explanation:

Dividend yield is a measure of business performance, used by investors which compares dividend paid by a stock to its market share.

Given the above information,

Dividend yield = $3.90/$48 × 100 = 8.13%

4 0
2 years ago
Malik Boykin is paid $8.20 per hour. and time and a half for any work over 40 hours
Viefleur [7K]

<u>Pay of Malik Boykin:</u>

Step 1:

Adding the total hours for each week:

Week of 3/10 = 5.5+6+9+12+7 = 39.5

Week of 3/17 = 8+8.5+9+13+4.5+4 = 47

Step 2:

Any sum of 40 hours or less gets multiplied by the hourly salary:

Week of 3/10: 39.5\times\$8.20 = \$323.90 - That's the pay for that week

Week of 3/17: 40\times\$8.20 = \$328

Step 3:

For hours worked over 40 the salary is 1.5 times the normal salary:

\Rightarrow\$8.20\times1.5 = \$12.30

Now multiply the hours over 40 for that week by the time and a half:

\Rightarrow\$12.30\times7 = \$86.10

And adding it to the \$328 we get,

\$328+\$86.10=\$414.10

Therefore,  Week of 3/10: \bold{\$323.90}  and  Week of 3/17: \bold{\$414.10}

6 0
3 years ago
On December 15, Jay Cleaning Co. agreed to provide Kay Co. with bimonthly cleaning services for its offices. The services will b
Anna [14]

Answer:

the correct answer is

b. debit to Accounts Receivable for $200.

good luck ❤

3 0
3 years ago
Read 2 more answers
At McDonald's, you can get several items together as a meal, for less than purchasing those items separately. This is an example
shtirl [24]

Value- Pricing

  • Value pricing is the strategies whose prices are fixed primarily according to the customers needs.
  • Affordable price attracts more and more customers to come or buy.
  • Prices mainly are fixed according to their customers feedback and their needs.
  • It is also known as customers willingness to pay for the particular product.
  • Two main types of value pricing are:
  1. Value added pricing
  2. Good value pricing
  • Disadvantages
  1. Limited customers
  2. High charges- Affect your profit
  • Advantages
  1. More loyal customers
  2. More need of your services

learn more about this here-

brainly.com/question/7748745

#SPJ4

5 0
2 years ago
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