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
yulyashka [42]
3 years ago
5

Which budget or budget type should be used to meet the following​ needs? a. Upper management is planning for the next five years

. b. A store manager wants to plan for different levels of sales. c. The accountant wants to determine if the company will have sufficient funds to pay expenses. d. The CEO wants to make companywide plans for the next year.
Business
1 answer:
Simora [160]3 years ago
4 0

Answer:

a. A Strategic budget will be used by the upper management in planning for the next five years.

b. A flexible budget will be used by a store manager who wants to plan for different levels of sales.

c. A Cash budget will be used by an accountant who wants to determine whether the company has sufficient funds to cover expenses.

a. A Master Budget will be used by a CEO who wants to make companywide plans for the next year.

Explanation:

  • Strategic budget, is finnancial planing to achieve the long term goals of the company.
  • flexible budget is used for different level of sales volume.
  • Cash budget usted for forescast the cash balance.
  • Master Budget uses a schedule to present financial statements.

You might be interested in
The fda regulations governing disclosure of individual cois require:
lozanna [386]
COIs stands for Conflicts of Interests. COIs occur when there are two or more interest of contradiction due to any activity in an institution or organization. FDA has regulations for the COIs in clinical research. The FDA regulations governing disclosure of individual COIs require disclosure of Significant Financial Interests that would effect the funding. 
8 0
4 years ago
Your sister is thinking about starting a new business. The company would require $355,000 of assets, and it would be financed en
Diano4ka-milaya [45]

The net income that must be expected to warrant starting the business is: $47,925.

<h3>Net income</h3>

Using this formula

Net income = ROE × Total equity

Let plug in the formula

Net income = 13.5% × $355,000

Net income = $47,925

Therefore the net income that must be expected to warrant starting the business is: $47,925.

Learn more about net income here:brainly.com/question/15530787

#SPJ1

7 0
2 years ago
Is the Michael's Craft store a corporation? If so what kind (private or public)
kondor19780726 [428]
Micheal’s Craft store is a public corporation. Because it acts as a single entity and its shares are traded freely on a stock exchange (it’s stocks can be freely viewed by anyone, not just the stock market privately)
7 0
3 years ago
What are the two risk components that determine a firm's cost of equity?
Yanka [14]

Traditionally, the formulas used to express a firm's cost of equity are the dividend capitalization model and the capital asset pricing model (CAPM).

Explanation:

Generally, two risk components determine a firm's cost of equity. The first is the systematic risk associated with the broader equity market. All firms are exposed to this risk, and it cannot be mitigated through diversification.

The second risk component is the unsystematic risk associated with the firm in question. This risk, often reflected as beta, a measure of the stock's volatility in relation to the volatility of the broader market, can be mitigated via diversification.

5 0
3 years ago
__________ achieves company growth by increasing sales of current products to current market segments without changing the produ
BaLLatris [955]

Market penetration achieves company growth by increasing sales of current products to current market segments without changing the product.

<h3>What is market penetration?</h3>

In economics, the term market penetration is used to denote the extent to which the people in the market would recognize and also have to buy a particular product. It is the successful selling of the product in the market by the produces to the consumers of the product.

Hence we can say that Market penetration achieves company growth by increasing sales of current products to current market segments without changing the product.

Read more on market penetration here: brainly.com/question/1172265

#SPJ1

8 0
2 years ago
Other questions:
  • Don't panic if you get lost. never leave camp without fire-starting equipment. always bring a map and compass. always tell someo
    9·1 answer
  • Pharoah Inc. has decided to raise additional capital by issuing $173,000 facevalue of bonds with a coupon rate of 6%. In discuss
    6·1 answer
  • Which of the following statements is true?
    9·1 answer
  • ________ refers to the apprehension among minority group members that they might confirm to existing cultural stereotypes. a. Pe
    8·1 answer
  • How do you know if more than one person has reviewed your document?
    5·1 answer
  • The process cost summary presents calculations of the cost of units completed during the reporting period, but does not present
    13·1 answer
  • Frozen Gold is a fast-growing chain of ice cream shops. It has acquired an edge over its competitors through its ability to prov
    13·1 answer
  • When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for S
    8·1 answer
  • Where do charts get the data series names?
    6·1 answer
  • Which of the following characteristics are required for a business expense to be deductible? 1) Necessary
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!