The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
<h3>What is a zero-based budget?</h3>
A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.
The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.
In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.
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Answer:
E. If the interest rate the companies pay on their debt is more than their basic earning power (BEP), then Company Heidee will have the higher ROE.
Explanation:
Base on the scenario been described in the question, we saw that between the two companies, Heidee and Leaudy, they both have the same total assets, sales, operating costs, and tax rates, and they pay the same interest rate on their debt but company Heidee has a higher debt ratio, this will make company Heidee has a higher ROE because of its higher ratio of debt
Answer: a. The drone option should be chosen because it is the least expensive in terms of both fixed cost and variable cost.
b. A and 20000, B and 20000
Explanation:
a. From the information provided, the correct option is option B "The drone option should be chosen because it is the least expensive in terms of both fixed cost and variable cost".
This statement is wrong has the drone has the largest fixed cost and variable cost. It's fixed cost of $100,000 is more than that of $70,000 and $60,000 for others.
b. A and 20000, B and 20000
A is preferred at volumes below 20000 while B is preferred at volume above 20000.
What will happen is that YOUR INSURANCE COMPANY WILL NOT PAY FOR THE DAMAGES.
Liability car insurance covers damages and injuries to third party's car only, it does not cover damages to the insurance owner's car. Comprehensive car insurance only cover damages done to one's car as a result of theft, fire, natural disaster, vandalism and other such acts, but does not cover damages that occur as a result of collision.
