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Lilit [14]
3 years ago
12

The first step of the budgeting process is to:

Business
1 answer:
stiv31 [10]3 years ago
6 0

Answer:

b) prepared list of each type of income and expense that will be part of the budget.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.

The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

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polska, incorporated, is obligated to pay its creditors $9,300 during the year. what is the value of the shareholders’ equity if
gizmo_the_mogwai [7]

Total assets=Total liabilities+ Total equity

=> Total equity= total asset - total liabilities

a. Share holders equity=(11100-9300)= $1800

b. Share holders equity=(8700-9300)= -600 ~ 0

Rounded -600 to nearest whole number, that is 0

<h3>What are shareholders?</h3>

A shareholder may be a individual or institution that has contributed cash in a enterprise in trade for a “share” of the possession. That proprietorship is spoken to by common or preferred offers issued by the company and held (i.e., claimed) by the shareholder. The shareholders are the proprietors of the company and give money related backing in return for potential profits over the lifetime of the company.

To learn more about shareholder, visit;

brainly.com/question/15186298

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6 0
1 year ago
Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
never [62]

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

5 0
4 years ago
Abby purchased 100 shares of her dad’s favorite stock for $25.80 per share exactly 1 year ago, commission free. She sold it toda
Zina [86]

Answer:

2865.09

Explanation:

V0 = #Shares * Price per Share

V0 = 100 * 25.8 = 2580

V1 = Today´s Value

V1 = 2865

Return Year 1 = (V1 - V0) / V0

Return Year 1 = (2865 - 2580)/2580

Return Year 1 = 11.05%

New Investment

Abby's desire is to get the same return of 11.05%. So for the next year her investment should be 2580 * (1 + return) --> 2580 * (1 + 0.1105) = 2865.09.

Remember that we are assuming that the 50 are part of the purchase price and we are assuming that she did not add any money.

8 0
3 years ago
True or False: The law of supply is a direct negative relationship between the price of a good or service and the quantity of it
Andru [333]

Answer:

False

Explanation:

Although the first part of the statement correctly describes the law of supply as an inverse relationship between the price of good/service and the quantity suppliers would supply (given a particular price), the second part is false.

Height of the supply curve indicates a minimum price that would incentivize suppliers to start creating a particular good. The notion of customers and purchase is related to the demand curve, not supply.

8 0
4 years ago
When adopting food packaging manufacturers primary concern is
charle [14.2K]
<span>When adopting food packaging manufacturers primary concern is the cleanliness or the safety of the material being used. Food packaging should be safe since it touches directly the food product. Also, it should be strong enough to endure any stress that may damage it.</span>
3 0
3 years ago
Read 2 more answers
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