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Vlad1618 [11]
1 year ago
5

Which step of formulating a financial budget involves using forecasting techniques to help predict revenue?

Business
1 answer:
Tamiku [17]1 year ago
6 0

Answer: The correct answer is (A): planning and gathering financial information.

Explanation:  Forecasting technique is used while planning and gathering  financial information. This step helps in predicting revenue. Formulation of financial budget depends on the size and type of the business. This information is used by organization for developing their budgets. It helps to forecast the future, anticipate risks and prevent them.

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If the direct quote for a U.S. investor for British pounds is $1.43/£, then the indirect quote for the U.S. investor would be __
Tpy6a [65]

Answer:

The answer is A. £0.699/$; £0.699/$

Explanation:

The direct quote for British investor is the same as the indirect quote for the U.S. investor.

Calculation is as follows; 1/1.43 = 0.699

7 0
1 year ago
Wade paid $7,000 for an automobile that needed substantial repairs. he worked nights and weekends to restore the car and spent $
Brrunno [24]
Yes, it would matter. If Wade was primarily concerned with the tax effect, he should give the car to his daughter and let her sell it. Conveniently, the limit on how much one can give without paying federal taxes on that gift (other than to charity), is $13,000. This means wade will pay no tax when he gifts the car to his daughter. If he sells it himself, he will need to pay tax on the gain he realizes on the sale of the car, since he will have made a profit on the sale.

His daughter, when she sells the car, will also have to recognize the gain on the sale of the vehicle. However, she is apparently in a much lower income bracket than Wade, and thus may pay even less tax on her 13,000 gain than Wade would have paid on his $3600 profit.
8 0
2 years ago
Write a paragraph about your business, how you plan to compete with the other local frozen-yogurt shop, and why your action plan
Yuki888 [10]
I planned to made by Frozen-yogurt shop filled with several menus using typical ingredient that's used for Indonesian Desert. Due to the differentiation of product, my yogurt shop would be the only shop that could offer unique taste from another culture and will make me have a comptitive advantage towards other shop.
6 0
1 year ago
Read 2 more answers
Assuming the cost of direct materials used is $1,500,000, compute the total manufacturing costs using the information below. Raw
melomori [17]

Answer:

$2,960,000

Explanation:

Raw Material Used in production:

= Raw Material Inventory Beginning + Purchases of Raw Material - Raw Material Inventory Ending

= $30,000 + $1,500,000 - $60,000

= $1,470,000

Total Manufacturing Cost:

= Raw Material Used in production + Direct Labor + Manufacturing Overhead applied to Work in process

= $1,470,000 + $690,000 + (225,000 + 75,000 + 500,000)

= $1,470,000 + $690,000 + $800,000

= $2,960,000

6 0
1 year ago
Which idea best explains the Datasheet view?
nydimaria [60]

Answer:

a default setting for displaying all the data in a table

Explanation:

Datasheet View is default settings in Database Management System, which allows access to view the displayed data organized in columns and rows similar to an excel worksheet.

It also allow options for enter, delete or modify the data in a table.

Hence, in this case, the best idea that explains the Datasheet view is a default setting for displaying all the data in a table

3 0
1 year ago
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