Excel provides <u>Expenses</u> in categories such as financial management and budgets.
Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.
Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.
Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.
Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.
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Answer:
balance sheet is the answer of that question answer
People buy franchise because franchising helps franchisors gain areas where a market may be for their company, but the problem is they might not be familiar with. Franchising allows for the business to grow without spreading its top level human materials across too thin unlike stores. Franchisees can pay outlets in your chain of the system, you can large the number of locations without having to tap of your capital or needing to ask financing from banks.
Answer:
$500
Explanation:
2012 Income Statement
Revenue $2,000
<u>Expenses</u>
Wages incurred and paid $500
Salaries $400
Interest on bank loans <u>$600</u> <u>$1,500</u>
Net Income <u>$500 </u>
So, the amount of $500 will be shown as Net Income on the 2012 Income Statement.
Answer:
A. a systematic approach to understand the organization
Explanation:
Business diagnosis can be defined as a strategic technique which typically involves the process of defining, identifying and classifying the various business processes, logistics, product quality in order to have an indepth understanding and knowledge about an organization.
The diagnostic process is a systematic approach to understand the organization because it involves critically studying all its aspects and areas.
Hence, the information gathered through the diagnostic process can be used by the management to facilitate its decision-making process and its competitive advantage.
