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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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Cusic Industries had the following operating results for 2019: sales = $34,621; cost of goods sold = $24,359; depreciation expen
Stolb23 [73]

Answer:

a. $1,132.50

b. $9,884.50

c. $10,586

d.1 $2,725

d.2 - $4,363.50

Explanation:

a. The computation of the net income is shown below:

= Sales - cost of good sold - depreciation expense - interest expense - income tax expense

= $34,621 - $24,359 - $6,027 - $2,275 - 377.50

= $1,132.50

The income tax expense

= ($34,621 - $24,359 - $6,027 - $2,275) × 25%

= $377.50

b. The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT =  Sales - cost of good sold - depreciation expense

       =  $34,621 - $24,359 - $6,027

       =  $4,235

And all other items would remain same

Now put these values to the above formula

So, the value would equal to

= $4,235 + $6,027- $377.50

= $9,884.50

c. Computation of the cash flow from assets for 2019 is shown below:

= Operating cash flow - net capital spending - changes in working capital

where, net capital capital = ending fixed assets - beginning fixed assets + depreciation

= $24,529 -  $19,970 + $6,027

= $10,586

Changes in working capital = (ending balance of current assets - ending balance of  current liabilities) - (beginning balance of current assets - beginning balance of  current liabilities)

= ($8,702 - $4,700) - ($7,075 - $4,010)

= $4,002 - $3,065

= $937

Now put these values to the above formula  

So, the value would equal to

= $9,884.50 - $10,586 - $937

= - $1,638.50

d.1 The computation of the cash flow to creditors is shown below:

= Interest expense - ending balance of long term debt + beginning balance of long term debt

= $2,725 - 0 + 0

= $2,725

d.2 The computation of the cash flow to stockholder is shown below:

= Cash flow from asset - cash flow to creditors

=  - $1,638.50 -  $2,725

= - $4,363.50

6 0
2 years ago
Nami is very good at research is skilled at developing instructional materials and knows about libraries and information
GrogVix [38]

The answer is: B) professional support services

Skills in developing instructional materials and research make you a very valuable assets in providing data that needed by the people on the field (the front liners).

The duty of professional support services is to collect relevant data from company operations, processing that data, and provide instructions or advice for the front liners on how to use that data to their advantage.

8 0
2 years ago
Read 2 more answers
Bart works as an accountant for Good Times Restaurant. He is responsible for not only keeping the books current but also for mak
GenaCL600 [577]
Embezzlement. He is taking (stealing) asserts that we’re entrusted to him. Bad Bart!
7 0
3 years ago
Country A has 1500 units of labor and can produce two goods, mufactures and food. A’s producers take 5 units of labor to produce
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A tradinng is more effective 
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3 years ago
Robert is a high school junior who likes studying diseases and medicine but doesn't want to have direct patient contact. He's al
jeka94

The phrase which <em>best describes</em> the scientific discipline that is concerned with the cognitive, information-processing is:

  • (A) Health Informatics

<h3>What is Health Informatics?</h3>

This refers to the practise of health data management which involves the use if info-processing to manage data and also for the administration and control.

With this in mind, we can see that the name which is given to the scientific discipline which would help Robert to study diseases and not have direct contact with them is Health Informatics.

Read more about Health Informatics here:
brainly.com/question/26129038

7 0
2 years ago
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