All categories

2 years ago

A budget is used to do which of the following

Business

1 answer:

Leya [2.2K]2 years ago

6 0

Answer:

A budget is a financial plan used to estimate future income and expenses. The budgeting process may be carried out by individuals or by organizations. Budgets help an entity determine whether it can continue to operate with its projected income and expenses.

Explanation:

thank me later

You might be interested in

Which of the following is TRUE of debt securities? (A) Debt securities include preferred stocks. (B) Debt securities typically p

Bingel [31]

Answer:

The statement which is correct and true is that the debt securities usually pay interest for the fixed period or year. Therefore, the correct option is B.

Explanation:

Debt securities are the securities which refer to a debt instrument like CD (Certificate of deposit, preferred stock, corporate bond and municipal bond, it is sold or bought among the parties.

It is also called as the securities which are fixed income, therefore, the statement which is correct is that these securities pay interest for a fixed period.

6 0

2 years ago

Where did the indestrial revolution starts and why did it beinging there

Marat540 [252]

Answer:

it began in 1760. it started there because of the new inventions that were made like the cotton gin, electricity and other inventions. More and more countries got access to these inventions and they became more and more industrialized and urban.

5 0

1 year ago

Dabney Electronics currently has no debt. Its operating income is $20 million and its tax rate is 40%. It pays out all of its ne

ValentinkaMS [17]

Answer:

$29 per stock

Explanation:

WACC=PBIT*(1-tax)/Market value of firm

10%=$20,000,000*(1-40%)/Market Value of the firm

Market Value of the firm=$20,000,000*60%/10%=$120,000,000

Stock price for all shares=$120,000,000*60%=$72,000,000

Stock price per share=$72,000,000/2,500,000=$29 per share

6 0

2 years ago

Dunphy Company issued $20,000 of 8.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and D

Rashid [163]

Answer:

(a)

January 1 Cash 20000 Dr

Bonds Payable 20000 Cr

(b)

June 30 Interest expense 850 Dr

Cash 850 Dr

Explanation:

The bonds are issued at par value thus full cash equal to the par value of these bonds will be received on the issuance date.

The ineterst is paid at 8.5% annually. The annual interest oayment equals 20000 * 0.085 = 1700

As this is paid semiannually in equal installments, the semi annual payment for interest on June 30 will be 1700 / 2 = $850

4 0

2 years ago

Yesterday a transformer in tenisha’s neighborhood blew and her entire block lost electricity. because she must upload her week 4

V125BC [204]

Public hotspots such as the one Tenisha encountered in a local coffee shop allows people to gain Wi-fi through a Wireless Local Area Network (WLAN) which uses a router that is connected to an internet service provider. Tenisha, upon clicking the hotspot name, will be prompted to connect to the network. Afterwards, she may be required to type in a password in order to be connected to the internet.

8 0

2 years ago