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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.

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Kenesha Co. reported income before interest expense and income taxes of $30,000; interest expense of $3,000; and income taxes of
tiny-mole [99]

Answer:

the times interest earned ratio is 10

Explanation:

The computation of the times interest earned ratio is shown below:

Times interest earned ratio is

=  income before interest expense and income taxes ÷ interest expense

= $30,000 ÷ $3,000

= 10

hence, the times interest earned ratio is 10

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Table 17-29 Suppose that two firms, Wild Willy's Wonderdrink (Firm W) and Hyper Hank's Hydration (Firm H), comprise the market f
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Explanation:

Dominant strategies, never despite what other competitors do, are treated similarly than others. In game theory, two forms of strategic supremacy exist:

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- a strategy that is weakly dominant, which gives all these other player's strategies the very same value, and which makes certain strategies more stringent.

Especially if one game is only weakly dominant (this means that it also does at least the same thing as any other strategy, but it just can in certain situations match other strategies, not beat them), and the same wages would apply to the player may be applied to more than one dominant strategy per player.

5 0
3 years ago
When a wealthy individual invests his or her own money into a business project or start-up company with little intention to infl
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​The answer is: Angel investor

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7 0
4 years ago
A cost-benefit analysis is a way
dedylja [7]

Answer:

Cost Benefit Analysis

Way of thinking that compares the cost of an action to its benefits.

Explanation:

I hope it helps.

8 0
3 years ago
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Management is considering replacing its blending equipment. The annual costs of operating the old equipment are $250,000. The an
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Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

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5 0
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