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2 years ago

What is the main purpose of a budget? Select three options

Business

2 answers:

Fantom [35]2 years ago

3 0

A, C, and E are the answers

alexandr402 [8]2 years ago

3 0

Answer:

to record past income and spending

to plan future income and spending

to balance available resources and expenses

Explanation:

Edgenuity sucks

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A young chef is considering opening his own sushi bar. To do so, he would have to quit his current job, which pays $30,000 a yea

EastWind [94]

Answer:

$106,000

Explanation:

The computation of explicit costs is shown below:-

Implicit costs = Paid amount in a year + Rent amount

= $30,000 + $24,000

= $54,000

Explicit costs = Expenses amount for food + Expenses amount for gas and electricity

= $50,000 + $2,000

= $52,000

Total amount = Implicit costs + Explicit costs

= $54,000 + $52,000

= $106,000

Therefore we have applied the above formula.

7 0

2 years ago

What a company does, how a company uniquely does it, how a company gets paid for doing it, and what costs are involved are all p

stiks02 [169]

Answer:

business model

Explanation:

A "business model" is used by companies in order to make sure that their business will earn a profit. This type of model identifies the company's business, such as its products or services. This includes the costs involved and the sources of financing that the company has.

Not all business models can be successful, but a successful one allows the company to fulfill the needs of the customers. This is coupled with a competitive price of the goods and services as well as sustainable cost.

So, this explains the answer.

8 0

2 years ago

Jamison Paints makes and sells paint to home improvement stores. Jamison's only plant can produce up to 12 million cans of paint

Olin [163]

Answer:

Jamison's current total cost of making and selling 10 million cans of paint is $75,000,000 and the current cost per can of paint is $7.5

Explanation:

For computing the current total cost, we need to apply the formula which is shown below:

Total cost = Fixed cost + variable cost

where,

Fixed cost = $15,000,000

And, the variable cost = Annual production × variable cost per plant

= 10,000,000 × $6

= $60,000,000

Now put these values to the above formula

So, the value would equal to

= $15,000,000 + $60,000,000

= $75,000,000

Now the current cost per can of paint would be

= (Total cost) ÷ (Annual production)

= ($75,000,000) ÷ (10,000,000)

= $7.5 per can of paint

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2 years ago

Jones borrowed $960 from the bank, issuing a 12.5%, 4-month promissory note. Assuming that the note is issued and paid in the sa

Anestetic [448]

Answer:

(A). A Debit to Notes Payable for $960

Explanation:

In case of a promissory note, there are three parties to it, namely,

Maker i.e Jones here
Payee, to whom money is to be paid i.e the bank here
Holder i.e the one who currently holds the promissory note i.e the bank here

Upon issue of promissory note, in the books of the maker (Jones), the entry is,

Name Of The Bank A/C Dr. $960

To Notes Payable A/C 960

(Being a promissory note issued to bank against a payment of $960)

Upon maturity i.e date of payment, the entry would be,

Notes Payable A/C Dr. $960

To Cash/Bank A/C 960

(Being payment of promissory note honored)

Thus, the correct answer would be, (A) a debit to notes payable account for $960.

7 0

2 years ago

Burt has a good job title and is recognized and respected at work. Burt’s job boosts his self-esteem and helps him feel confiden

muminat

stage 4

esteem needs is the fourth stage in maslow's hierarchy which are divided into two parts:( i) esteem for oneself (dignity,achievement,mastery and independence) and (ii) the desire for gaining reputation or respect from others(status and prestige).

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2 years ago