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Artemon [7]
2 years ago
7

True or False: To finalize the budget, compare projected income to projected expenses. When income equals or exceeds total expen

ses, it is considered a balanced budget.
Business
1 answer:
denis23 [38]2 years ago
4 0

To finalize the budget, compare projected income to projected expenses. When income equals or exceeds total expenses, it is considered a balanced budget is True.

What is a Budget?

A Budget is a proposed plan that contain estimation on the spending plan based on the income and expenditure.

It is an estimate of the amount of money to be made and how much will be spend in a period or a year.

Therefore, it is True because A balanced budget is an estimation of a plan where the income is equal or exceeds the expenditure in a period.

Learn more on Budget from the link below.

brainly.com/question/24940564

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Riley, the manager of the telecommunications department at InfoMedia Inc., posts updates on the company's online bulletin board
k0ka [10]

Answer: A. Encoding

Explanation:

Encoding is defined as the means off creation of a messages which you want to communicate with other person.

6 0
3 years ago
Juanita karoz purchased lawn furniture for $727. she made a 27% down payment and financed the remainder. what amount did she fin
nignag [31]
<span>$530.71 is the correct answer

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6 0
3 years ago
Read 2 more answers
The number of cases of merlot wine sold by the Connor Owen winery in an eight-year period is as follows:
Anna11 [10]

Answer:

The forecast for the year 2012 with an alpha value of 0.20 = 366.04.

Explanation:

The first step in order to solve this question/problem is to calculate or determine the Exponentially smoothed forecast for a period of time, t using the values of average demand for 2005 through 2007, that is to say;

Exponentially smoothed forecast for a period of time, t using the values of average demand for 2005 through 2007 = [actual sales in 2005 + actual sales in 2006 + actual sales in 2007]/ 3.

Therefore, Exponentially smoothed forecast for a period of time, t using the values of average demand for 2005 through 2007 =[ 281 + 367 + 409]/3 = 1057/3 = 352.3.

Since we are asked to use the smoothed value calculated as of the end of 2012. Use the average demand for 2005 through 2007 as your initial forecast for 2008, then, we have that for 2008 the forecast = 352.3.

Therefore, the forecast from the year 2009 through to the year 2012 can be calculated as given below;

The forecast for the year 2009 with an alpha value of 0.20 = 0.2 × 467 + [1 - 0.2] × 352.3 = 375.24.

The forecast for the year 2010 with an alpha value of 0.20 = 0.2 × 369 + [1 - 0.2] × 352.3 = 355.64.

The forecast for the year 2011 with an alpha value of 0.20 = 0.2 × 511 + [1 - 0.2] × 352.3 = 384.04.

The forecast for the year 2012 with an alpha value of 0.20 = 0.2 × 421 + [1 - 0.2] × 352.3 = 366.04.

3 0
4 years ago
Surreal Corp. has borrowed to invest in a project. The loan calls for a payment of $17,500 every month for three years. The lend
Marianna [84]

Answer:

The rate at which to discount the payments to find sum borrowed is 12.68%

Explanation:

The discount rate to be used in computing the sum borrowed can e derived from the effective annual rate formula below:

Effective annual rate = (1 + Quoted interest rate/m)^m - 1

quoted interest rate is 8.40

m is the number of months in a year when compounding is done which is 12

effective annual rate=(1+8.40%/12)^12-1

effective annual rate=(1+0.01)^12-1

effective annual rate=(1.01)^12-1

effective annual rate=1.12682503 -1

effective annual rate=0.12682503=12.68%

7 0
4 years ago
Del Gato Clinic's cash account shows a $11,589 debit balance and its bank statement shows $10,555 on deposit at the close of bus
Sliva [168]

Answer:

Bank Reconciliation

Bank Statement Balance                                    10,555

Add: June 30 Deposit                                        <u>  2,856</u>

                                                                              13,411

Less: Outstanding Checks                                 <u> (1,829)</u>

Adjusted bank balance                                     $11,582

Bank Reconciliation

Book Balance                                                            11,589

Add: Error in Check 919 (479 - 467)                        <u>         9</u>

                                                                                   11,598

Less: Bank service charge                                 <u>        (    16)</u>

Adjusted book balance                                            11,582

5 0
3 years ago
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