Answer:
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Answer: b. $106,700
Explanation:
The marketing and administrative expense budget is based on budgeted unit sales, which are 5,500 units for June.
The variable marketing and administrative expense is $1.00 per unit. Which is 5,500 units x $1.00 = $5,500.
The budgeted fixed marketing and administrative expense is $101,200.
To get the cash disbursements for marketing and administrative expenses on the June marketing and administrative expense budget should be Variable costs plus fixed costs.
= $5,500 + $101,200
= $106, 700
Answer: d. open-book management.
Explanation:
OPEN-BOOK MANAGEMENT is a style of management where employees are given financial information on the company to help them perform better.
The concept is rooted in a theory that workers tend to have more motivation and be more productive when they feel as though they are being treated like Business partners who are usually the ones with access to such data as opposed to employees who usually do not.
Answer: fiscal policy
Explanation:
Fiscal policy simply means when the revenue and expenditure of the government is used to influence the economy of a particular country.
Keynesian economists believe that the economy needs to be influenced in order to correct itself from the effects of unemployment and inflation. This can be done through fiscal policies. According to the Keynesians, the demand from consumers has an effect on the aggregate expenditure.
Answer:
Annual withdraw= $33,641.50
Explanation:
Giving the following information:
PV= $375,000
n= 25 years
i= 7.5%
<u>To calculate the annual withdrawal, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (375,000*0.075) / [1 - (1.075^-25)]
Annual withdraw= $33,641.50
