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Ann [662]
2 years ago
7

A master budget​ ________. A. is the initial plan of what the company intends to accomplish in the period and evolves from both

the operating and financing decisions B. improves​ companies' market capitalization and evolves from both the investing and financing decisions C. provides an ethical framework for decision making D. is a substitute for the management functions of planning and coordination
Business
2 answers:
Gala2k [10]2 years ago
8 0

Answer:

A) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions

Explanation:

A master budget is important because it helps upper management to revise business plans and strategies. By using a master budget, upper management can determine what needs to be done in order to implement the company's plans or strategies.

The master plan of a company is the aggregation of all the budgets elaborated by the company's departments, units or lower level functional areas. One of the most important part of a master budget is the expected or budgeted financial statements, cash flows and financing requirements.  

The master budget serves as a guide that if followed properly (there should always be a small room for corrections) should help the company achieve its goals.

yaroslaw [1]2 years ago
4 0

Answer:

The correct answer is option D) A Master Budget is is a substitute for the management functions of planning and coordination.

Explanation:

A master budget is not the initial budget a company makes, It is the final budget that incorporates all other specific budgets such as financial budget, operational budget, production budget, marketing budget and ore.

It serves a central  planning tool that a management team uses to direct the activities of a company, set targets and execution strategy.

It also provides a framework to judge performance for respective departments.

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A trucking company is hired to deliver 125 lamps for $12 each the company agrees to pay $45 for each lamp that is
madam [21]
If this is the whole problem:
<span>A trucking company is hired to deliver 125 lamps for $12 each. The company agrees to pay $45 for each lamp that is broken during transport. If the trucking company needs to receive a minimum payment of $1365 for the shipment to cover their expenses, find the maximum number of lamps they can afford to break during the trip.

My answer is 3 lamps.

125 lamps * 12 each =  1,500 total revenue
</span>
Minimum revenue: 1,365

1,500 - 1,365 = 135 excess from minimum revenue.

135 ÷ 45 charge of broken lamp = 3 lamps.

The company can afford to break a maximum of 3 lamps w/o falling below its minimum payment. 
8 0
2 years ago
According to the BRANDZ model of brand strength, brand building involves people progressing through a sequential series of steps
Rasek [7]

Answer:

<u>A) Presence</u>

Explanation:

A brand is simply an identifying mark of a particular product manufactured by particular company.

The BRANDZ MODEL developed by Millward Brown and WPP looked at how brand building connects with customer issues.

By knowing how long a product brand has been in existence people can the question what do I know about it?

4 0
2 years ago
Crane Company can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muff
Makovka662 [10]

The question is reproduced in the table below for clarity                        

                               Oven                                  Contribution

                         Hours Required                 Margin Per Unit

Muffins                        0.2                                           $4

Coffee Cakes        0.3                                        $5

Answer:

Total contribution margin = $ 60,000.00

Explanation:

<em>When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in  such a way that it maximizes the contribution per unit of the scare resource.</em>

Therefore Crane Company should alocate the oven hours to maximise the contribution per unit of oven hour. This is done as follows:

Step 1

<em>Calculate he contribution per oven hour and rank the product</em>

                                                                      cont/hr                   ranking

Muffin                        $4/0.2 hour =              20                     <em> 1st</em>

Coffee cakes                 $5/0.3 hour=        16.67                      2nd

<em>Because Muffin generates the highest contribution per hour of Oven, Crane should allocate all the resource to it</em>

Step 2

<em>Calculate the Total contribution from the production of Muffin</em>

Total contribution margin = 20 per her × 3000

                                        = $ 60,000.00

8 0
2 years ago
Read 2 more answers
A freelance writer must choose how to spend her time working on several different types of projects. Newspaper stories take 3 ho
Paraphin [41]

Answer:

3N + 25M + P ≤ 45

Explanation:

Let the number of Newspaper Stories taken=N

Newspaper stories take 3 hours to write.

Total Hour spent on Newspaper Stories=3N

Let the number of Magazine Articles taken =M

Magazine articles take much longer to write 25 hours per article.

Total Hour spent in Magazine Articles=25M

Let the number of Proofreading jobs taken =P

Proofreading pays for every 1 hour

Total Hour spent in Proofreading jobs=P

Since both newspaper stories and magazine articles must be completed in the week they are started.

The writer doesn't want to work more than 45 hours per week. So his total hour in a week is less than or equal to 45.

The Constraint that limits the amount of time the writer will work in a week is given as:

3N + 25M + P ≤ 45

7 0
2 years ago
You have a job at a real-estate agency in the small country of Dystopia, where you are paid 72,000 marks (the currency of Dystop
slamgirl [31]

Answer:

The total amount you pay in social insurance taxes on your second job is 2,914.65 couches

Explanation:

The computation of the total amount paid is shown below:

= (Total income - paid amount) × Social insurance tax rate

= ($110,100 - $72,000) × 7.65%

= 2,914.65 couches

We simply have taken the difference between the total amount and the paid amount and then multiply it with the social insurance tax rate

All other information is not relevant. Hence, ignored it

8 0
2 years ago
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