Answer and Explanation:
According to the scenario,the computation of the given data are as follow:-
The budget is an estimation of expenses and revenue over a specific future time and it is re-evaluated and compiled on a period of time. The budget can prepare for a business, a government and a group of people, etc. It is an analysis of the income and expenditure that is useful for financial planning.
Based on this, the preparation of the flexible budget performance report is presented in attached excel spreadsheet. Kindly find it below
Answer:
Letter D is correct. <em>Grouping people according to their psychological characteristics, values, and lifestyles.</em>
Explanation:
Psychographic segmentation is a market segmentation technique where individuals are grouped according to psychological traits such as lifestyle and behavioral patterns which may be: opinions, social status, eating habits, daily routine and many others.
This type of segmentation aims to identify psychological traits and values that influence individual consumer behavior.
Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Answer:
$250
Explanation:
Computation of cash flows from investing activities under GAAP.
The Purchase of used equipment as well as the sale of investments often affect cash flow from operating activities.
Therefore,
Sale of investments $450
Less Purchase of used equipment (Cash outflow) ($200)
Cash flow from investing activity $250
Therefore the cash flows from investing activities under GAAP would be $250
Answer:
b. A manager should assess the risk of the project.
Explanation:
While making a capital investment decision, a firm shall properly evaluate the capital investments , for this the manager shall access the following:
- Required return on investment by the firm.
- Risk associated with the project.
- Cash flows arising from the investment.
- Timing of the cash flows for discounting them into present value.
- Cost associated with the project.
Therefore, correct option is :
b. A manager should assess the risk of the project.
