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adell [148]
3 years ago
9

The steps in the budgeting process are

Business
1 answer:
Delicious77 [7]3 years ago
6 0

Answer and Explanation:

The steps in the budgeting process are as follows

1. Budget preparation

2 Presentation and budget approval

3. Budget execuetion

4. Budget control

It involves these four steps in the budgeting process

The same would be considered and relevant too

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A restaurant bill is made up of the following: $12.50 for starters, $28.55 for main courses, and $8.95 for deserts, plus a 15% s
Alina [70]

Answer:

The bill is $57.5

Explanation:

The computation of bill is shown below:

= Price for starters + price for main course + price for deserts + service charge tax

= $12.50 + $28.55 + $8.95 + $7.5

= $57.50

The service charge would be calculated by considering all food costing.

In mathematically

= Service tax rate × ( Price for starters + price for main course + price for deserts)

= 15% × ($12.50 + $28.55 + $8.95)

= 15% × $50

=$7.5

Hence, the bill is $57.5

7 0
3 years ago
Assume you are now 25 and you want to have a million dollars by the time you are 65. if you can earn 6% per year, compounded ann
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You would have to invest 97,222
97222*6=5833.32 + 97222= 103055.32 Year one
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115792.96*.06= 6947.58 = 122740.54 Year four

3 0
4 years ago
Before tuberculosis was understood to be a communicable disease, and before the discovery of antibiotics to treat it, a major ou
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<span>Reduction in a nation's labor force would long-run aggregate supply curse to the left, representing a reduction in labor. This would tend to drive up labor costs over time. Presumably, the demand curve would remain static in the short-term. However, such a reduction would also impact the nation's consumption and thereby reduce the demand for products. This would in turn drive a decreased demand for labor (leftward shift) and apply downward pressure to wages. The answer to this depends on whether the questions is regarding short-term, medium-term or long-term labor supply/demand curve.</span>
7 0
4 years ago
Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjustin
irina [24]

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the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day

3 0
2 years ago
Miltmar Corporation will pay a year-end dividend of $5, and dividends thereafter are expected to grow at the constant rate of 4%
MaRussiya [10]

Answer:

(a) 8.90%

(b) $102.04

Explanation:

(a) Market capitalization rate i.e. expected return:

= Risk free rate + Beta (Market return - Risk free rate)

= 4% + 0.70 (11% - 4%)

= 8.90%

Therefore, the market capitalization rate is 8.90%.

(b) Intrinsic value of stock:

= Expected dividend ÷ (Required return - Growth rate)

= $5 ÷ (8.90% - 4%)

= $102.04

Therefore, the intrinsic value of the stock is $102.04.

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