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Leto [7]
3 years ago
10

The difficulty of the ___________estimate is that the measure of remaining budget changes depending on whether you are currently

over budget or currently under budget.
Business
1 answer:
alukav5142 [94]3 years ago
3 0

Answer:

The answer is "Budget"

Explanation:

* An essential task of budgeting is to estimate the degree of resources or funds that will be required in the future to help crafted by set up offices, projects, and exercises. Another significant difficulty of budgeting is to recognize and evaluate elective ways that funds could be used all the more successfully to achieve a given set of strategy objectives or goals. The individuals who are liable for budgeting and appropriating funds will never make some easy time with both of these tasks.

* For strategy and program territories in which the processes fundamental spending requests are justifiable and moderately steady, gradual methods frequently get the job done to create sensibly exact evaluations of budget necessities.

* Since the spending process is protracted and spending requests are portrayed by vulnerability, offices think that its difficult to precisely estimate their budget needs when financial plans are drafted.

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The following table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. U
ki77a [65]

Answer:

Option E

Explanation:

Absolute advantage means that with the same input one country is able to produce more goods and services as compared to the other.

As we can see, Germany is able to produce 40 tons of steel with the same inputs as that of South Korea.

In the same way, Germany is able to produce 10 personal computers with the same inputs as that of South Korea.

Hence, Germany has an absolute advantage in the production of both steel and PCs

Option E is correct

4 0
3 years ago
North Around, Inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and −15 percent in a recess
almond37 [142]

Answer:

4.53%

Explanation:

Data provided in the question:

Expected return = ∑ (Return × probability)

Thus,

Expected return = (0.06 × 22) + (0.92 × 13) + (0.02 × (-15))

= 12.98%

Now,

Probability       Return        Probability × (Return-Expected Return)²

0.06                  22                   0.06 × (22% - 12.98%)² = 4.8816

0.92                  13                    0.92 × (13% - 12.98%)² = 0.000368

0.02                  -15                   0.02 × (-15% - 12.98%)² = 5.657608

========================================================

                                                                            Total = 20.5396%

Standard deviation = \sqrt{\frac{\text{Total probability}\times(\text{Return-Expected Return})^2}{\text{Total probability}}

= √(20.5396)

= 4.53%

6 0
3 years ago
An Office Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 da
adoni [48]

Answer:

880 blue ink pens

Explanation:

The computation of the inventory position is shown below:

= Current stock counted in the closet + already placed orders with the supplier

where,

Current stock counted in the closet is 220 blue ink pens

And, the  already placed orders with the supplier is 600 blue ink pens

Now placing these values to the above formula

So, the inventory position is

= 220 blue ink pens + 600 blue ink pens

= 880 blue ink pens

8 0
3 years ago
A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in thr
dmitriy555 [2]

Answer:

The price of the bond is closest  $101.36  

Explanation:

It is noteworthy that a rational investor pays for a bond today the cash flows derivable from the bonds in future discounted to today's terms.

The future cash flows comprise of the yearly coupon interest of $5.5(5.5% *$100) for 3 years as well as the repayment of the principal $100 at the end of year 3.

To bring the cash inflows today's term, we multiply them  them by the discounting factor 1/(1+r)^N , where is the yield to maturity of 5% and N is the relevant the cash flow is received.

The discounting is done in attached spreadsheet leading $ 101.36  present value today.

Download xlsx
7 0
3 years ago
In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
Alinara [238K]

Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)

M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.

6 0
2 years ago
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