Answer:
True
Explanation:
The incremental budget technique is an important management accounting technique, which is prepared by making minimal changes in the previous budget. The budget is designed by allocating funds by using the preceding budget as a reference point. Incremental budget encourages spending up to the budget. It also helps to make sure that a reasonable budget is allocated for the next period.
Answer: The following would be the best recommendation: <u><em>Smart watch</em></u>
<u><em>Under this case the associate is purchasing the gift for his friend and from the given option it can be easily stated that smart watch will the best gift. </em></u>
Smart watch will help his friend and give him the ability to chat activity while keeping in contact with the home office.
<u><em>Therefore, the correct option is (a).</em></u>
Economic theory and the data in the table show that the average total cost curve and the marginal cost curve are related in that the MC curve passes through the minimum point of the ATC curve.
<h3>What is the relationship between the MC and ATC curves?</h3><h3 />
The data given by the table (which is accurately filled up) shows that the MC curve will intersect the ATC curve at its lowest point.
We see this from the fact that before the lowest ATC of 0.107, the marginal cost was less than the ATC. After the lowest ATC however, the marginal cost becomes higher than the ATC.
This shows that the MC curve intersected the ATC at its lowest point of 0.107 and then kept rising above it.
Find out more on the MC curve at brainly.com/question/9335427.
Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equilibrium. subsequently, a decrease in population decreases the demand for haircuts. In the short run, we expect that the market price will <u>fall </u>and the output of a typical firm will <u>fall</u>.
<h3>
What is Long Run?</h3>
A time frame known as the "long run" is one in which all cost and production components are erratic. Long Run cost adjustments are possible for businesses, although short Run pricing changes can only be influenced by changes in production levels. Even though a company can have a monopoly in the short term, they might anticipate competition in the long run. A long run is a period of time when a producer or manufacturer can be flexible with its production choices. On the basis of anticipated profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry. Long-term-focused businesses are aware that changing output levels won't bring supply and demand into equilibrium.
To learn more about Long Run from the given link
brainly.com/question/17438349
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Answer:
(1)$42.4 (2)$50.50 (3)$85.32
Explanation:
Solution
Given that:
(1) The current stock price is computed below:
Stock price, P0 = D1÷(r-g)
Where
D₁ = the next dividend expected
r = the return required
g = he growth rate
Thus
= $1.60×(1+6%)/(10%-6%)
$42.4
(2) The formula for the stock price in three years is given below:
Stock price, P3= D4÷(r-g)
Here
D₁ = the next dividend expected
r = the return required
g = he growth rate
= $1.60×[(1+6%)^4]/(10%-6%)
= $50.50
(3) Now we determine the price of the stock in 12 years
P12 = D13÷(r-g)
Here
D₁ = the next dividend expected
r = the return required
g = the growth rate
= $1.60×[(1+6%)^13]/(10%-6%)
= $85.32
