The budgeted income statement does not rely on information from the production budget.
<h3>What is a budgeted income statement?</h3>
The expected profit, revenue, and expenses for the upcoming year or months are listed in a budgeted income statement, which is a financial report. Its purpose is to assist businesses in future planning, better decision-making, and resource allocation.
All of the line categories seen in a typical income statement are included in the budgeted income statement, but it is an estimate of what the income statement would look like in future budget periods.
The budgeted income statement makes it easier to compare planned and actual income and expense components at the end of the month. It aids in evaluating the efficiency of the company's financial planning procedure.
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Answer:
The answer is D.
Explanation:
The demand curve faced by perfectly competitive firm is horizontal. This means that if individual firm charges price above the market price, it will not sell anything.
The curve is the same as marginal revenue curve because change in total revenue from selling one more unit(marginal revenue) is the constant market price.
And it holds in perfect market that price equals marginal revenue (P=MR).
The correct option is D.
Answer:
$1,692
Explanation:
Data provided in the question:
Number of shares purchased = 100
Cost of stock = $30 per share
Commission = $29
Selling price per share = $45
Commission for selling = $29
Earned dividends = $2.50 per share
Now,
Total Return
= Number of Shares × (Sale Price - cost + Total dividends) - Total Commissions
or
Total Return = 100 × ($45 - $30 + $2.50) - (2 × $29)
or
Total Return = $1750 - $58
or
Total Return = $1,692
A a boundary point or network boundary point, a demarcation point is the physical point at which the public network of a telecommunications company ends and the private network of a customer begins.
The Internet standards allow for greater commerce because it helps guide the information and commerce paths as they grow and as we move more and more toward digital operations. If we didn’t have the IEEE or their standards we would have utter chaos when it comes to technology and the level of digital communication and use that we have today on such a coordinated scale simply wouldn’t be possible. It would be like trying to pour water down a platform into a cup a distance away (symbol of worldwide digital coordination). The water can go anywhere it wants to within these guidelines and in the end we end up with water in the glass (i.e. worldwide digital coordination). This allows for an exponential growth in technology worldwide.
