Budgets that are revised by adding a new quarterly budget to replace the quarter that has just elapsed are called rolling budgets.
<h3 /><h3>What is rolling budget?</h3>
It corresponds to a more flexible and adaptable type of budget, generally used for companies whose business can be more volatile.
It is used continuously and extended, being updated during the period for the addition of new variables in the existing model. This being valid for use in the future budget.
Any type of budget is a necessary tool for organizations to be able to plan the use of their resources in a structured way that is consistent with their needs and objectives.
Therefore, a continuous or rolling budget helps companies adapt to trends, risks and characteristics of a dynamic market that is constantly changing.
Find out more about rolling budget on:
brainly.com/question/23209198
#SPJ1
Answer: -0.93%
Explanation:
In 3 months time Chrysler will have to pay a yield of 6.93% when in fact 3 months from now, had they not bought the futures, they would have to pay 6%.
This means that they will have overpayed with the futures contract.
The amount in interest they overpayed by can simply be calculated as,
= Floating Rate 3 months from.now - Effective yield on Futures contract
= 6% - 6.93%
= -0.93%
Chrysler made a loss of (0.93% )
Answer:
2121.566 will be saved
Explanation:
Extra cost=8%
Saving per year=15%
Extra Cost of home=250000*0.08=$20000
Let the energy saving required per year to justify the home=x
Extra cost paid = P.v of energy saving
20000=x*Annuity factor(10%@30 years)
20000=x*9.427
X=2121.566
Answer:
$15,000
Explanation:
Calculation to determine what Legion should pay as cash interest for the six months ended June 30, 2021
Cash interest for the six months ended June 30, 2021 =$300,000*10%*6/12
Cash interest for the six months ended June 30, 2021=$15,000
Therefore Legion should pay cash interest for the six months ended June 30, 2021, in the amount of $15,000
I guess the closest answer is $31,060.
If you purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment. Therefore you can sell the land for in 10 years in $31,060.
