Answer:
The correct answer is letter "B": cash budget.
Explanation:
General-purpose financial statements are those reports that can be issued during a period to provide investors and managers relevant information to make decisions on the company's operations. Those reports are the <em>balance sheet, income statement, owner's equity statement, retained earnings, </em>and <em>the cash flow statement.
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As its name says, <em>the cash budget is an estimate of the inflows and outflows of a company for a given period. This budget is not a financial statement.</em>
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Direct materials $ 20
Direct labor 15
Overhead (60% variable) 20
Cost to manufacture $ 55
The above cost information is based on 10,000 units.
Parton currently sells 8,500 units for $62 per unit.
A distributor has offered to buy 1,000 units for $50 per unit.
We will have into account only the variable costs:
Unitary variable cost= 20 + 15 + (20*0.60)= 47
A) Increase in income= (50-47)*1000= $3,000
B) Regular units= 3000/(62 - 55)= 429 units
YES, financial institutions can keep borrowers from engaging in risky activities, even though there are no written restrictive covenant between the bank and the borrowers. The bank can do this by warning the borrowers that they will not be considered for future loans if the the present loan is not well managed.
Answer:
a. employers are prohibited from retaliating against individuals who file discrimination charges