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Answer: C) Corporation
Explanation: A Corporation can be Simply defined as a legal entity who's privileges, liabilities and rights are different or separate from the group of person who created it. That is, if the business get sued to court, what ever the punishment or retribution is, it will not directly affect the owners but the business itself. If the company's car on duty accidentally crashed into a person's shop, the company will pay for it, not the driver or the owners of the business.
So corporation means any group of person with a legal entity.
Answer:
The budgeted net income for 2018 is : $195,300
Explanation:
Prepare the budgeted income statement for 2018 as follows :
Sales $760,000
Less Cost of Sales ($760,000 × 40%) ($304,000)
Gross Profit $456,000
Less Expenses :
Selling Expenses ($84,000)
General and administrative ($93,000)
Net Income before tax $279,000
Income tax expense ($279,000 × 30%) ($83,700)
Net Income for the year $195,300
Conclusion :
The budgeted net income for 2018 is : $195,300
Financial managers focus on option(a)i.e, cash flow the inflow and outflow of cash.
A payment (in a currency), notably from one central bank account to another, is referred to as a cash flow. the word "cash flow" is typically used to represent payments that are anticipated to occur in the future, are therefore unknown, and require cash flow forecasting;
To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow:
- cash flow from operating operations,
- cash flow from investing activities,
- cash flow from financing activities.
Accounting professionals' financial accounts and other data are used by financial managers to make financial decisions. The inflows and outflows of cash are the main focus of financial management. They organize and track the company's financial flows to make sure there is money on hand when it is required.
A financial manager's primary responsibility is to assess an organization's efficiency through effective resource allocation, acquisition, and management. It offers direction for financial planning. It aids in obtaining funding from many sources. It aids in making wise financial investments.
To know more about financial manager refer to: brainly.com/question/28119918
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Answer:
OPPORTUNITY COST
Explanation:
Eleanor has money to invest and is considering buying a company. When comparing her alternatives, her <u>opportunity cost</u> on any investment is the rate of return that she could earn on a similar investment.
Investors are generally presented with options about what to invest their money in, in order to receive not just the highest but also the safest return. However if the investor chooses an alternative, the return he would have earned from the other investment becomes the opportunity cost of the foregone alternative.
