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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.

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Equilibrium is defined as:

Mamont248 [21]

<span>The answer is d. quantity demanded equals quantity supplied</span>

5 0

3 years ago

Read 2 more answers

Anderson Corp. began the period with $200 of supplies. During the period, $500 of supplies were purchased. At the end of the per

IgorLugansk [536]

Answer:Amount of supplies used =$400

Explanation:

Beginning balance of supplies $200

Supplies purchased $500

Ending supplies balance on hand $300

Amount of supplies used = Beginning balance of supplies + Supplies purchased - Ending supplies balance on hand

= $200 +$500 - $300

= $400 is amount of the adjusting entry to record the amount of supplies used in Anderson Corp.

7 0

3 years ago

Winkler, a CPA, provided accounting services to a client, Thompson. On December 15 of the same year, Thompson gave Winkler 100 s

Lina20 [59]

Answer:

the bonds will recognize a gain for 3,500

Explanation:

The adjusted basis of the stock will be the value in Winkler books.

So selling at 7,500 will recognize gain for 3,500

6 0

3 years ago

Upland Motors recently paid a $1.48 per share annual dividend. Dividends are expected to increase by 2.5 percent annually. What

gregori [183]

Answer:

$13.19

Explanation:

Data given

Annual dividend = $1.48

Increase percentage annually = 2.5%

Discount rate percentage = 14%

The computation of price is shown below:-

Price = Dividend ÷ (Cost of equity - Growth rate)

= ($1.48 × 1.025) ÷ (0.14 - 0.025)

= $1.517 ÷ 0.115

= $13.19

Therefore for computing the price we simply applied the above formula.

3 0

3 years ago

Suppose you purchase from a supplier at $4 per unit a part with which you assemble red widgets. on average, you use 50,000 units

joja [24]

The problem is missing some parts:

First, how many parts should you purchase each time you place an order.

H=.2*$4 = $0.80

S= $800

R = 50,000

Q = 2SRH

= 2(800) (50000) (.8)

= 10,000 units

The second question is how many timer per year will you place orders.

Required order = R/Q

= 50000/10000

= 5 times

4 0

3 years ago