1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
2 years ago
12

Prenora Inc., a newly established company, is set to prepare its first budget. The top management of the company decides to use

a budgeting approach that will seek active participation from the middle and supervisory managers of the company. In the given scenario, Prenora Inc. will most likely use the _____ to budgeting.
Business
1 answer:
snow_lady [41]2 years ago
6 0

Answer:

bottom-up approach

Explanation:

According to my research on different types of approaches to budgeting, I can say that based on the information provided within the question Prenora Inc. will most likely use the bottom-up approach to budgeting. This type of budgeting method focuses on determining the costs of each section of an organization and then totaling them all up, and this is mostly worked on by middle management. Which is why we can say that this is the budgeting method that they will most likely use.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
Net interest margin—often referred to as spread—is the difference between the rate banks pay on deposits and the rate they charg
Minchanka [31]

Answer:

(a) P(X\:>\:5.40)=0.9938

(b) P(X\:

(c) X=4.975 percent

Explanation:

(a) Find the z-value that corresponds to 5.40 percent

.Z=\frac{X-\mu}{\sigma}

Z=\frac{5.40-4.15}{0.5}

Z=\frac{1.25}{0.5}=2.5

Hence the net interest margin of 5.40 percent is 2.5 standard deviation above the mean.

The area to the left of 2.5 from the standard normal distribution table is 0.9938.The probability that a randomly selected U.S. bank will have a net interest margin that exceeds 5.40 percent is 1-0.9938=0.0062

(b) The z-value that corresponds to 4.40 percent is Z=\frac{4.40-4.15}{0.5}=0.5The net interest margin of 4.40 percent is 0.5 standard deviation above the mean.

Using the normal distribution table, the area under the curve to the left of 0.5 is 0.6915

Therefore the probability that a randomly selected U.S. bank will have a net interest margin less than 4.40 percent is 0.6915

(c)  The z-value that corresponds to 95% which is 1.65

We substitute the 1.65 into the formula and solve for X.1.65=\frac{X-4.15}{0.5}

1.65\times 0.5=X-4.150.825=X-4.15

0.825+4.15=X

4.975=X

A bank that wants its net interest margin to be less than the net interest margins of 95 percent of all U.S. banks should set its net interest margin to 4.975 percent.

6 0
2 years ago
Process activity analysis roen company incurred an activity cost of $105,600 for inspecting 40,000 units of production. manageme
Margaret [11]

Answer:

The answer is $2.64 per unit  and $13.2%

Explanation:

Solution

Given that:

The formula for calculating inspection activity of inspection before improvement is stated below:

Inspection Activity before Improvement = Total Activity Cost/Total Units of Production

Using the values provided in the question, we have,

Inspection Activity before Improvement = 105,600/40,000 = 2.64 per unit

Now,

he formula for calculating inspection activity after improvement is given below:

Inspection Activity after Improvement = (Total Activity Cost*Inspection Activity Percentage)/Total Units of Production

Using the values provided in the question, we get,

The Inspection Activity after Improvement = (105,600*5000)/40,000 = $13,200 per unit or $13.2 per unit

4 0
3 years ago
Silver fire electric inc. , a u. s. -based company, has productive activities in more than two countries. Silver fire electric i
telo118 [61]

Silver Fire Electric Inc is a multinational enterprise.

A multinational enterprise, abbreviated as MNE and every so often also known as multinational corporation (MNC), just multinational or international corporation, is an employer generating items or delivering offerings in more than one country.

A multinational business enterprise is a corporate employer that owns and controls the manufacturing of goods or offerings in as a minimum one united states apart from its domestic united states.

Multinational corporations assist to create employment possibilities and international. Inward investments with the aid of MNCs construct a great deal-needed overseas currency for developing and growing economies. they also generate employment possibilities and assist enhance the expectation of what's possible in lesser advanced countries.

Learn more about Multinational corporations here brainly.com/question/494475

#SPJ4

6 0
1 year ago
What strategy did businesses use to decrease cost and increase profits?
nalin [4]
Business used mass production to decrease prices and increase profits because since there was many of one product the prices had to decrease so people could afford the products and if more people buy the products then the businesses will gain more profits from it ( from mass production) .
5 0
3 years ago
Erica and Brett decide to form their new motorcycle business as an LLC. Each will receive an equal profits (loss) interest by co
yKpoI14uk [10]

Answer:

Brett's outside tax basis in his LLC interest = $48,000

Explanation:

As per the data given in the question,

Cash = $6,000

Adjusted basis of building = $32,000

Debt of building = -$37,000

50% profit sharing ratio × $52,000 = $26,000

Now recourse mortgage - adjusted basis = ($37,000-$32,000)

= $5,000

Remaining mortgage on building = 50% × $32,000

= $16,000

Brett's outside tax basis in his LLC interest = $48,000

6 0
3 years ago
Other questions:
  • Which of the following is TRUE regarding​ computer-aided design?
    12·1 answer
  • A manager wants to motivate the maintenance staff to be more productive. She starts by providing training and assures employees
    6·1 answer
  • What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%
    7·1 answer
  • If real GDP per capita in the United States is currently $50,000 and grows at 2.5% per year, it will take approximately how many
    12·1 answer
  • Which of the following statements concerning a bank savings account is false? a. Deposits are insured for at least $100,000. b.
    9·1 answer
  • Within the music industry, four companies (UMG, Sony-BMG, EMI, and Warner) control 90 percent of the music you hear. The music i
    13·1 answer
  • Company acquired land and buildings for $1,000,000. The land is appraised at $450,000 and the buildings are appraised at $800,00
    12·1 answer
  • Hanson, Inc. requires its marketing managers to submit estimated cost-volume-profit data on all requests for new products, or ex
    9·1 answer
  • You will need to revise your budget to account for a car payment. Which expense category would be the most difficult to change o
    6·1 answer
  • Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!