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andrey2020 [161]
3 years ago
9

To create a balanced budget, one must balance needs against what

Business
2 answers:
mamaluj [8]3 years ago
8 0
To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

<span>1. Keep track of your </span>financial gain<span> and expenses.</span>
<span>2. Stay on </span>top<span> of your monthly bills.</span>
<span>3. Be </span>ready<span> for </span>surprising<span> expenses.</span>
4. Not overspend.
<span>5. Figure out </span>what quantity you wish to save lots of to satisfy your monetary goals.
V125BC [204]3 years ago
7 0

Answer:

And the income

Explanation:

The balanced budget refers to the balance between income and expenditure, or income and consumption. Thus, in order to create a balanced budget it is necessary to keep in control the expenditure needs, ie consumption, since income or revenue is limited. Therefore, there must be a balance between consumption needs and income.

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suppose that alexi and tony can sell all their street tacos for $2 each and all their cuban sandwiches for $7.25 each. If each o
svet-max [94.6K]

You don't have enough information to answer this question. You need to know how many of each of these Alexi and Tony can sell. Even though tacos bring in less revenue per unit, if the demand is great enough, tacos can still be the most profitable overall.

For example: Say they can sell 20 tacos per hour but only 2 cuban sandwiches per hours. They would make $40 per hour in tacos but only $14.50 in sandwiches.

6 0
4 years ago
The following data has been provided for a compan most recent year of operations:
Sidana [21]

Answer:

It is $9,450 (A)

Explanation:

Return on Investment = 40% * $ 45,000

                                     =$18,000

Minimum Required Return = 19% *$ 45,000

                                            = $8,550

Hence, Residual Income = $18,000-$8,550

                                         =$9,450

Minimum required return represents the amount of returns that must be generated on investment to satisfy the expectations of providers of funds.

Residual income is what is left after dividends and interest have been paid to the various investors which can be retained for future investment.

4 0
3 years ago
If the company also has $1,000 of petty cash on hand (recorded in a separate account), what total amount should the company repo
vredina [299]

Answer:

Explanation: from the above question, the total of cash and cash equivalent to be recorded in the balance sheet includes all cash balances in the bank and cash balance in the petty cash account.

From the above question, the cash and cash equivalent balance as at April 30 is $1,000 plus all bank balances as at that date.

4 0
3 years ago
The expression below shows a number in expanded form. What is the standard form of the number?(2×10)+(3×one tenth)+(9×one hundre
Colt1911 [192]
7,920.3 is my answer
6 0
3 years ago
A newly issued bond has a maturity of 10 years and pays a 7.7% coupon rate (with coupon payments coming once annually). The bond
Sliva [168]

The convexity of the bond is 61.810 and the duration of the bond is 7.330 years.                                                                                                      

<u>Explanation</u>:

  • A newly issued bond has a maturity of 10 years. It pays a 7.7% coupon rate. The coupon payments will receive each year. Using the coupon payments the year will be reduced.
  • The maturity year will get reduced. So the duration of the bond is approximately 7.330 years. If the bond is sold at par value the convexity can be calculated using the number of years.
  • So the convexity of the bond is 61.810.                                                                            

3 0
3 years ago
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