All categories

2 years ago

Which of the following is NOT an advantage of budgeting?

Business

1 answer:

Mama L [17]2 years ago

7 0

Answer:

a.It provides organizational independence.

Explanation:

Budget is a statement of income and expenditure of a certain period. Budgets are useful for forecasting the operating activities and financial position of a business enterprise and it ensures good business practice because they plan for future.

Organizational independence is a state in which an organization is not vulnerable for personnel turnover. Independent Organizations are normally mon profits or non government organizations and they are defined to be a collection of people who to pursue a charitable goal be it local, national or global level. Budgeting is applicable on dependent organizations instead of independent Organizations.

You might be interested in

Short Company purchased land by paying $15,000 cash on the purchase date and agreed to pay $15,000 for each of the next ten year

gogolik [260]

Answer:

Option D is the correct answer,$ 88,338.48

Explanation:

The liability reported in the balance sheet can be computed by using the pv formula in excel which is stated thus:

=-pv(rate,nper,pmt,fv)

rate is the incremental borrowing rate of 11% per year

nper is the number of payments required to settle the obligation which is 10

pmt is the amount of yearly payment in order to fully settle the debt owed which is $15,000 per year

fv is the future worth of total payments which is not unknown,hence taken as zero

=-pv(11%,10,15000,0)=$ 88,338.48

The correct answer is $ 88,338.48

3 0

2 years ago

How many nations are there in latin america

luda_lava [24]

Currently, 20 countries are part of Latin America. They are: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay and Venezuela. Other than that, there are other territories that are not yet considered countries, but they are part of the list.

8 0

2 years ago

Read 2 more answers

When the price of ground beef increases and all else is held constant, we would expect the supply of hamburgers to ___________,

rewona [7]

Answer:

Option (a) is correct.

Explanation:

When the price of ground beef increases, this means that there is an increase in the cost of production of hamburgers because the beef is used as an input in the production of hamburgers.

So, an increase in the price of beef will result in a decrease in the supply of hamburgers because it will become less profitable for the suppliers and this will also shifts the supply curve leftwards.

Hence, this lower supply of hamburgers will cause the price of hamburgers to rise.

6 0

2 years ago

Why does saturn have the coldest surface temp?

tatuchka [14]

Answer:

distance from the Sun

Explanation:

because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.

6 0

2 years ago

Read 2 more answers

Bros Co. expects its EBIT to be $100,000 every year forever. The firm can borrow at 11 percent. Bruce currently has no debt, and

Liula [17]

Answer:

WACC=17.15%

Explanation;

MV of equity=EBIT8(1-t)/Ke

MV of equity=100,000*(1-.31)/.18=$383,333

Total value of the firm=Market value of equity+present value of tax savings on interest

Total value of the firm based on EBIT= $383,333+.31*61,000

Total Value of the firm=$402,243

Keg=Keu+(Keu-Kd)*D/E*(1-t)

where Keu= cost of equity of un-geared company=18%

Keg=cost of equity of geared company=?

Kd=cost of debt=11%

Keg=.18+(.18-11)*61,000/(402,243-61,000)*.69

Keg=.18+.0086

Keg=18.86%

NoW revised WACC will be

WACC=Keg*MV of equity+Kd(1-t)*cost of debt/(total value of firm)

WACC=.1886*(402,243-61,000)+.11(1-.31)*61,000/(402,243)

WACC=17.15%

5 0

2 years ago