All categories

2 years ago

Which type of budget indicates more expenses than income?

Business

1 answer:

Fittoniya [83]2 years ago

3 0

Answer:

a deficit budget

Explanation:

A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.

An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.

You might be interested in

What are some of the benefits of establishing a minimum wage?

lapo4ka [179]

it can help certain families

it serves as an employment incentive

it is a common reference with hiring in other jobs

it can also be helpful depending on the type of market

7 0

3 years ago

Read 2 more answers

If a firm has a $1,500,000 debt limit before AT kd will change and if taxes are 40% and total equity in the capital structure is

andrew-mc [135]

Answer:

$2,500,000

Explanation:

Break Point = Level of debt / Weight of debt

(100%-40%)

=60%

Hence:

= 1,500,000 / 60%

= $2,500,000

Therefore the debt breakpoint in the MCC schedule will be $2,500,000

6 0

3 years ago

At a local Bed and Bath Superstore, the manager, Jill Roe, knows her customers will pay no more than $230 for a bedspread. Jill

Amiraneli [1.4K]

Answer:

$164.29

Explanation:

The formula to compute the markup percentage is shown below:

Markup percentage = (Sale price - purchase price) ÷ (purchase price)

where,

Markup percentage is 40%

Sale price is $230

So, the purchase price is

0.40 = ($230 - purchase price) ÷ (purchase price)

0.40 × purchase price = $230 - purchase price

So, the purchase price is

= $230 ÷ 1.40

= $164.29

5 0

2 years ago

The commercial banking system, because of a recent change in the required reserve ratio from 8 percent to 10 percent, finds that

Rainbow [258]

If it is unable to obtain any additional reserves, it must reduce deposits and money supply by $500 Million.
$50 Million x 10 = $500 Million.
(10% of $500 Million = $50 Million)

3 0

2 years ago

XYZ Inc. has a facility with six departments (A, B, C, D, E, and F). A summary of the processing sequence for 10 products and th

denpristay [2]

Answer:

hello your question is incomplete attached below is the complete question

answer : attached below

Explanation:

A) develop the from-to chart based on expected weekly production

Firstly we calculate the production quantity processed

i) Qab = 960 + 1200 + 720 + 2400 + 480 + 2400 + 3000 + 960 + 1200 = 13320

ii) Qbd = 2400 + 3000 + 1200 = 6600

B) calculate the values to be entered in cells of table attached below (develop a block layout using SLP )

Cell bc = 11400 + 6600 = 18000

Cell bd = 6600 + 3000 = 9600

Cell be = 4920 + 5400 = 10320

Cell cd = 2400 + 1200 = 3600

Cell ce = 4200 + 7800 = 12000

Cell df = 960 + 1200 = 2160

7 0

2 years ago