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3 years ago

Which of the following is a benefit of using a budget

1 answer:

7 0

Can you provide potential answers? And in case you need a written answer here is one that is not plagiarized!

Budgeting helps you track what you spend and helps you save money. When you are on a budget, you make better financial decisions and spend smarter.

If you need anything else. Let me know!

Hope this helped.

You might be interested in

Monopolistic competition means:

rjkz [21]

Answer: Option C

Explanation: In a monopolistic competition market structure, there are many producers selling their products and each product is not a perfect substitute of the other.

The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.

Hence, from the above explanation we can conclude that option C is correct.

3 0

3 years ago

Joe Dumars Company has outstanding 40,000 shares of $5 par common stock which had been issued at $30 per share. Joe Dumars then

satela [25.4K]

Answer:

Transaction 1

Assets - Decrease by $225,000

Cash expended to acquire shares = 5,000 * 45 = $225,000

Liabilities - No effect

Stockholders' equity - Decrease by $225,000

Increase in Treasury shares leads to decrease in the amount stockholders hold.

Paid In Capital - No effect

Retained Earnings - No Effect

Net Income - No Effect

Transaction 2

Assets - Increase by $98,000

Cash increased because of sale of stock = 2,000 * 49 = $98,000

Liabilities - No effect

Stockholders' equity - Increase by $90,000

= 2,000 * 45 = $90,000

Cost method means that when debiting from Treasury account, use original cost.

Paid In Capital - Increase by $8,000

If stock is sold for amount different from what it was bought, it goes into this account. If it is larger than it was bought for then this account increases and vice versa.

Retained Earnings - No Effect

Net Income - No Effect

Transaction 3

Assets - Increase by $20,000

Cash from sale of stock = 500 * 40 = $20,000

Liabilities - No effect

Stockholders' equity - Increase by $22,500

= 500 * 45 = $22,500

Paid In Capital - Decrease by $2,500

If stock is sold for amount different from what it was bought, it goes into this account. If it is smaller than it was bought for then this account decreases and vice versa.

Retained Earnings - No Effect

Net Income - No Effect

4 0

3 years ago

John receives a marginal benefit of $80 from one missile. Nick receives a marginal benefit of $50 from one missile. Christina re

swat32

Answer:

Economy's marginal social benefit=$65

Explanation:

The economy's marginal social benefit can be calculated by getting the average of the individual marginal benefit.

This can be expressed as;

Economy's marginal social benefit=Sum of individual marginal benefit/Total number of individual's

where;

Sum of individual marginal benefit=John's marginal benefit+Nick's marginal benefit+Christina's marginal benefit=(80+50+65)=$195

Total number of individuals=3

replacing;

Economy's marginal social benefit=195/3=65

Economy's marginal social benefit=$65

7 0

3 years ago

using the scenarios in case exhibit 9, what role does leverage play in affecting the return on equity (roe) for cpk? what about

motikmotik

Using the scenarios in case exhibit 9, Leverage will always lead to an increase in the total rate of return in the equity because leverage will be increasing the interest tax Shield due to which it can be seen that the total market value of the company has increased with a higher amount of debt capital.

The cost of capital is generally decreasing with a higher amount of leverage as there will be benefits associated with interest tax shield.

It can be noticed that when a high amount of leverage is used by the company, it is eventually leading to a higher amount of market value for the company as well so higher leverage is leading to a higher amount of market value for the company so leverage is directly related to increases in the market value as high amount of leverage will be increasing the total market value.

Leverage is an investment strategy that uses borrowed money (specifically, the use of various financial instruments or borrowed capital) to increase the potential return on investment. Leverage can also refer to the amount of debt a company uses to fund its assets.

Leverage is the amount of debt a company has in its debt-equity combination (capital structure). A company with more debt than the industry average is considered highly leveraged. The definition of leverage is the act of leverage or force to influence a person, event, or thing. An example of a lever is the action of a seesaw. An example of leverage is being the only person running for class president. noun.

Learn more about Leverage here

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6 0

2 years ago

Which of the following is an advantage of gathering data with surveys?

algol13

You canknow your data leadint to a better answcer

5 0

3 years ago

Read 2 more answers