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Brrunno [24]
3 years ago
11

Preparing a budget is a simple six-step process.

Business
1 answer:
Lostsunrise [7]3 years ago
7 0

Record income. List everything you expect to earn in the coming year. ...

Identify expenses. ...

Pay yourself first. ...

Track results. ...

Adjust As you go. ...

Banish debt.

You might be interested in
If c corporations retain their after-tax earnings, when will their individual shareholders be taxed on the retained earnings?
stepan [7]

When will shareholders of C businesses that retain their post-tax profits be subject to individual income tax on those retained profits. When shareholders sell their shares for a profit, they must pay taxes.

C corporations will pay tax at a corporate rate of 21% as of the 2020 tax year (down from 35 percent in 2017). Then, dividends are taxed at the owner's personal marginal tax rate, which is up to 37%. (depending on the tax bracket).

Distributions of money or other assets to shareholders will lower the corporation's earnings and profits (E&P), but they won't affect its taxable income. Taxes are paid by the corporation on its taxable income and by the shareholders on any dividends they receive.

To learn more on Retained Earning

brainly.com/question/14529006

#SPJ4

4 0
1 year ago
Objective of management​
AnnZ [28]
Getting Maximum Results with Minimum Efforts.
8 0
3 years ago
Read 2 more answers
Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours a
xenn [34]

Answer:

Chair unit cost:                 $    49.72

Total cost for 675 chairs: $  33,561

Explanation:

Direct Materials:                                                                   $  14.00

Direct Labor:   1.9 hours x $16 labor cost:                           $ 30.40

Overhead:

1.9 labor hours x ($ 1.6 variable rate + $ 1.20 fixed rate) = $<u>  5.32  </u>

                                          Total unit cost:                             $ 49.72

Cost to produce 675 chairs:

675 charis x $ 49.72 per chair = $ 33,561‬

6 0
3 years ago
Coatney Incorporated has provided the following data for the month of October. There were no beginning inventories; consequently
PilotLPTM [1.2K]

Answer:

$33,410

Explanation:

The computation of Ending finished goods inventory after allocation of underapplied or overapplied manufacturing overhead is shown below:-

Ending finished goods inventory after allocation of overapplied manufacturing overhead

= (Total of finished goods - (Manufacturing overhead applied of finished goods ÷ Total of Manufacturing overhead applied) × Overapplied amount

= ($34,530 - ($6,240 ÷ $39,000) × $7,000)

= $34,530 - $1,120

= $33,410

4 0
3 years ago
Johnson’s Fruit Farm is one of several stores in the county where customers can purchase locally grown fruits and vegetables. Ho
Anika [276]

Answer:

The correct answer is A. True .

Explanation:

The strategic position tries to identify the external environment, resources, competencies and capacities of an organization, as well as the expectations and influences of the interested parties, in other words, the development of the SWOT matrix.

The strategic positioning has been established as one of the main alternatives for the performance of organizations, since in addition to allowing companies to differentiate themselves from their competitors and give added value to the product and / or service they offer, they respond to the needs of buyers, leading not only to the satisfaction of the same, but achieving the favorable perception of customers, for the company, including loyalty for the product or service, which today is a great challenge, due to the strong competition.

5 0
3 years ago
Read 2 more answers
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