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3 years ago

Select each of the terms with the best description of its purpose.

Business

1 answer:

Marizza181 [45]3 years ago

6 0

Answer:

a. Budgeted balance sheet.

b. Budgeted income statement.

c. Budgeting.

d. Capital expenditures budget.

e. Cash budget.

f. Master budget.

g. Participatory budget.

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

In Financial accounting, some of the key terms associated with budget includes;

a. Budgeted balance sheet: A report that shows predicted balances of assets, liabilities and equity at the end of a budget period.

b. Budgeted income statement: A report that shows predicted revenues and expenses for a budgeting period.

c. Budgeting: Planning future business actions and expressing them as formal plans.

d. Capital expenditures budget: Summarizes the effects of investing activities on cash.

e. Cash budget: Shows expected cash inflows and outflows and helps determine financing needs.

f. Master budget: A comprehensive business plan that includes operating, investing, and financing budgets.

g. Participatory budget: Employees affected by a budget help in preparing it.

h. Production budget: Shows the number of units for a manufacturer to produce in a period.

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In early America, belief in liberty to pursue happiness, unfettered by government intervention, resulted in the greatest prosper

jekas [21]

False because American is still the most in debt Country ever

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3 years ago

A firm has common stock of $100, paid-in surplus of $370, total liabilities of $460, current assets of $490, and fixed assets of

Andre45 [30]

Hi there

shareholders' equity=
(fixed assets+current assets)-liabilities

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(Note that the amount of retained earnings is not provided so you must use total assets minus total liabilities to derive the correct answer)

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3 years ago

Give examples of B2C,B2B,C2C and social,mobile and local e-commerce besides those listed in the book

ankoles [38]

<u>Explanation:</u>

Full meaning of acronyms:

B2C = Business to Consumer.
B2B = Business to Business.
C2C = Consumer to Consumer.

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3 years ago

Othello S. Corporation produces and sells a single product. The information about their operation for the last month is given be

Allushta [10]

Answer:

400 units

Explanation:

price per unit $40

variable costs per unit $20

fixed expenses $8,000

operating leverage = fixed costs / total costs

operating leverage = 2
fixed costs = $8,000
total costs = ($8,000 + total variable costs)

2 = $8,000 / ($8,000 + total variable costs)

2($8,000 + total variable costs) = $8,000

$4,000 + 0.5(total variable costs) = $8,000

0.5(total variable costs) = $4,000

total variable costs = $4,000/0.5 = $8,000

total variable costs = total output x variable cost per unit

$8,000 = total output x $20

total output = $8,000 / $20 = 400 units

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4 years ago

. Do the negative amounts for cash from investing activities and cash from financing activities concern us

Archy [21]

Answer:

Of course you should be concerned about negative cash outflows resulting from investing or financing activities.

Negative cash outflows for investing activities means that the company purchased more fixed assets or securities this year than the ones that were sold. E.g. the company purchased new equipment for $100,000. Investing activities usually require large amounts of cash.

If financing activities yield negative numbers, it means that either the company paid too much in dividends, or they paid long term debts (e.g. retired bonds or paid back bank loans), but at the same time did not raise enough capital to offset them.

When you are analyzing the finances of a company, cash is king. A company might be very profitable, but it will not survive it its cash flows are negative. If there are enough positive cash flows from operating activities to offset these other cash outflows, then the company should be OK. But if operating cash flows cannot offset them, then the company should be concerned.

3 0

3 years ago