which of the following is a benefit of using a budget

Answers

Answer 1
Can you provide potential answers? And in case you need a written answer here is one that is not plagiarized!

Budgeting helps you track what you spend and helps you save money. When you are on a budget, you make better financial decisions and spend smarter.

If you need anything else. Let me know!

Hope this helped.

Related Questions

1. If you are attending a two-year school and plan to transfer to a four-year school, you should
O select only easy courses while you are at a two-year school.
O complete courses that may not transfer.
O transfer without any help from an adviser.
O choose your major early.

Answers

Answer:

Complete courses that may not transfer.

Explanation:

Transferring from a Two-Year College to a Four-Year College. If this is your plan, be sure that the classes you enroll in not only meet the requirements for your associate's degree but can also be put toward a bachelor's degree at the four-year colleges you're considering.

I may not be right but I tried.

Answer:

O select only easy courses while you are at a two-year school.

Explanation:

Transactions for the Sheldon Cooper Company, which provides welding services, for the month of June are presented as follows. June 1 Sheldon Cooper invests $4,000 cash in exchange for shares of common stock in a small welding business. 2 Purchases equipment on account for $1,200. 3 $800 cash is paid to landlord for June rent. 12 Bills P. Leonard $300 after completing welding work done on account. Identify the accounts to be debited and credited for each transaction. Account Debited Account Credited June 1 select an account debited Cash select an account credited Common Stock 2 select an account debited Equipment select an account credited Accounts Payable 3 select an account debited Rent Expense select an account credited Cash 12 select an account debited select an account credited

Answers

Answer:

June 01 - Invest cash for stock          

Account Debited: Cash        

Account Credited: Common Stock capital

June 02 - Equipment purchased    

Account Debited: Equipment

Account Credited: Accounts Payable on account

June 03 - paid rent  

Account Debited: Rent expense  

Account Credited: Cash account

June 13 - Work done on account

Account Debited: Accounts receivable

Account Credited: Service revenue

                      Sheldon Cooper Company

                              Journal entries

Date       Accounts title            Debit          Credit

1-Jun      Cash account            $4,000

                    Common Stock capital           $4,000

2-Jun      Equipment                 $1,200

                       Accounts payable                 $1,200

3-Jun       Rent expenses           $800

                        Cash account                        $800

12-Jun      Accounts receivable   $300

                         Service revenue                    $300


The balance between supply and demand is called
O price
O equilibrium
O equal
O quantity

Answers

Answer: O EQUILIBRIUM

HOPE THIS HELPS

CAN YOU PLEASE HELP ME TOO

Answer:

B) Equilibrium

Explanation:

I just took the quiz and got 100%

Tất cả hàng hóa khi qua các kho đều lần lược qua 4 khâu nào:
a. Nhập, lưu trữ, chọn lọc, giao hàng
b. Nhập, lưu trữ, chọn lọc, xuất kho
c. Nhập, lưu trữ, chọn lọc, phân loại
d. Tất cả đều đúng

Answers

Answer:

c.

Explanation:

Farris Company reported the following information for its two products:

Product X Product Y
Selling price per unit
$ 25 $35
Variable cost per unit
15 20


Due to labor constraints, demand for each of the products is greater than its supply. Product X requires one hour of labor to produce and product Y requires three hours of labor to produce. Which of the following statements is true?

Answers

Answer: To determine which statement is true, we need to compare the contribution margin per unit of each product. The contribution margin is the amount by which the selling price exceeds the variable cost per unit, and it represents the amount of revenue available to cover fixed costs and contribute to profit.

Explanation: The contribution margin per unit for each product is calculated as follows:Product X: $25 selling price - $15 variable cost = $10 contribution margin per unitProduct Y: $35 selling price - $20 variable cost = $15 contribution margin per unitHowever, since Product Y requires three times as much labor as Product X, we need to consider the contribution margin per hour of labor:Product X: $10 contribution margin / 1 hour of labor = $10 contribution margin per hour of laborProduct Y: $15 contribution margin / 3 hours of labor = $5 contribution margin per hour of laborTherefore, the true statement is that Product X has a higher contribution margin per hour of labor than Product Y. Even though Product Y has a higher total contribution margin per unit, it requires more labor to produce, which reduces its contribution margin per hour of labor. As a result, if there is a labor constraint, it may be more profitable to produce more units of Product X rather than Product Y.

Yarin's gross pay for the year was $3,500. The federal income tax withholding from his pay was 9% of his gross pay. Yarin determined the federal income tax he owes is $115. How much of a refund can Yarin expect? O $200 O $315 O $3,035 $3,185​

Answers

answer:

its A

Explanation:

Yarin can expect a $200 refund.

Yarin's gross pay for the year was $3,500.

The federal income tax withholding from his pay was 9% of his gross pay.

=$(3,500×9÷100)

=$315

Yarin determined the federal income tax he owes is $115.

Refund expected = $(315-115)

=$200

What Are Federal Taxes?Income tax.Gift tax.Estate tax.What is the difference between state tax and federal tax?

The differences between state and federal taxes are federal income taxes are collected by the federal government to pay their bills and state taxes are collected by individual state governments to pay their specific state bills.

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Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000

Answers

Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000

How to find the equity?

The Owners equity is one of the parts of the Accounting equation which is:

Assets = Liabilities + Owners Equity

The Assets in this instance is $573,000 and the Liabilities are $272,000.

The Owner's equity is the missing amount and it can be found as:

573,000 = 272,000 + Owners Equity

Owners Equity = 573,000 - 272,000

Owners Equity = $301,000

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An aptitude test is designed to determine a person's capacity to
skills.
O buy or sell
learn and sell
O buy and acquire
O learn or acquire

Answers

An aptitude test is used to determine a persons capacity to learn or acquire skills.

The goal of an aptitude test is simply to determine if the learner has a firm grasp on the instructions that she received.

Before an aptitude test is designed, an instructor must have given instructions on the topic. The test is used to predict how far the learner has gone in grasping the instructions received.

The test shows the individuals skills and also their ability to succeed in a particular task. It generally serves to expose the strengths and the weaknesses of the person.

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Help! I need to match the type of information with the section of the business plan it fits in.

Help! I need to match the type of information with the section of the business plan it fits in.

Answers

Suppliers who provide the goods and services your business needs to operate

Why is it so important to do competitive analyses?

The objective of a competition analysis is to uncover any market gaps and to comprehend your competitors' advantages and disadvantages in comparison to your own. An essential part of any business strategy is the competitor analysis because it will help you refine your own.

A financial analysis is exactly what?

Financial analysis is the word used to describe an assessment of the viability, stability, and profitability of a project, a sub-project, or a firm. It is completed by professionals that compile reports utilizing ratios and other approaches, utilizing information from financial statements and other reports.

How will your business stand out from the competition in terms of both products and services?- Goals and StrategyMission Statement- Oragnizationsuppliers that your business uses to create its goods-  Product and servicesThe sum of money required to launch the business- Funding request An overview of your rival- Competitive AnalysisYour advertising plan- Marketing and SalesThe company's financial history- Financial AnalysisThe outline of the requirements and preferences of your potential clients- Market Analysisa list of the company's departments- Executive Summary

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Select the correct answer how many justices must agree to an opinion for the Supreme Court to issue a decision

Answers

A majority of the justices, or five out of the nine on a full Court, must agree. The opinion has been written at this point. This is the court's judgment in writing.

What is the significance of the Supreme Court?

In our system of government based on the Constitution, the Supreme Court is incredibly significant.

First and foremost, it acts as the final resort for anyone looking for justice because it is the nation's highest court. Second, it is crucial for ensuring that each arm of government understands the boundaries of its own authority because of its ability to conduct judicial reviews.

Third, it defends civil liberties and rights by overturning unconstitutional legislation. Finally, it establishes reasonable boundaries for democratic government by preventing popular majorities from passing legislation that discriminates against or unfairly benefits unpopular minorities.

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The difference between the lower class limits of adjacent classes provides?

Answers

Answer:

C

Explanation:

use the following information to answer this question: bayside, incorporated 2021 income statement ($ in thousands) net sales $ 6,270 cost of goods sold 4,790 depreciation 415 earnings before interest and taxes $ 1,065 interest paid 52 taxable income $ 1,013 taxes 213 net income $ 800 bayside, incorporated 2020 and 2021 balance sheets ($ in thousands) 2020 2021 2020 2021 cash $ 165 $ 270 accounts payable $ 1,810 $ 1,910 accounts received 1,210 1,050 long-term debt 920 720 inventory 1,885 2,170 common stock 3,460 3,390 total $ 3,260 $ 3,490 retained earnings 990 1,240 net fixed assets 3,920 3,770 total assets $ 7,180 $ 7,260 total liabilities

Answers

The information provided contains the 2021 Income Statement and Balance Sheets for Bayside, Inc. for the years 2020 and 2021.

In Income Statement, we can see that:

Net sales for Bayside, Inc. were $6,270,000 in 2021

Cost of goods sold was $4,790,000, leaving an earnings before interest and taxes (EBIT) of $1,065,000

After paying $52,000 in interest, the taxable income was $1,013,000 and the net income was $800,000

In Balance Sheets, we can see that:

Cash for Bayside, Inc. increased from $165,000 in 2020 to $270,000 in 2021

Accounts receivable decreased from $1,210,000 in 2020 to $1,050,000 in 2021

Inventory increased from $1,885,000 in 2020 to $2,170,000 in 2021

Total assets increased slightly from $7,180,000 in 2020 to $7,260,000 in 2021

Long-term debt decreased from $920,000 in 2020 to $720,000 in 2021

Retained earnings increased from $990,000 in 2020 to $1,240,000 in 2021.

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NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services

Answers

In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.

In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.

The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.

Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.

These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.

By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.

This enables businesses to operate efficiently and effectively, contributing to economic growth and development.

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Hofstede's Cultural Dimensions

The most important factor influencing international HRM is the culture of the country in which a facility is located. Culture affects employees' worldview and the norms and values they hold. Culture has a pervasive influence on other important attributes of a country, such as its legal system, human capital, economic system, and political system. As a result, culture strongly determines the effectiveness of most HRM practices. This makes a thorough understanding and appreciation of culture key for managing human resources globally

Hofstede's classification of cultural attributes has become one of the most commonly used methods for understanding culture. He identified five dimensions on which various cultures could be classified: (1) individual-collectivism, (2) power distance, (3) uncertainty avoidance, (4) masculinity-femininity dimension, and (5) long-termâshort-term orientation.

Carlos and Mary have just been assigned to work in foreign subsidiaries of their company. Carlos has worked in the headquarters of his company for five years and has now been given his first overseas assignment. Mary has just finished successfully turning around the struggling operations of one foreign subsidiary at her company and has now been tasked with doing the same in a different country.

Read the statements and explanations for each statement below, then for each select which is the correct cultural dimension.

a. High Individualism

b. High Collectivism

c. High Power Distance

d. Low Power Distance

e. High Uncertainty Avoidance

f. Low Uncertainty Avoidance

g. High Masculinity

h. High Femininity

i. Long-Term Orientation

j. Short-Term Orientation

1. In Carlos' experience, people in this country seek to reduce inequalities in money and wealth.

2. In Mary's experience, individuals in this culture tend to live in the moment' instead of planning for the future.

3. In Carlos' experience, this culture places an emphasis on making investments that might have low current benefits but are expected to be profitable in the future.

4. In Maryâs experience, people in this culture like to show off, make money, and achieve highly visible accomplishments.

5. In Maryâs experience, people in this country rarely address others by their first names, instead relying on titles.

6. In Mary's experience, people in this country tend to look after their own interests instead of seeking protection from their larger community.

7. In Maryâs experience, this culture values rules, structure, and stability.

8. In Carlos' experience, people in this culture expect the larger community to protect them when they are in trouble.

9. In Carlos' experience, people in this culture are easygoing and flexible regarding different views.

10. ln Carlos' experience, this culture places a high value on protecting the natural environment and preserving quality of life, even if it means making less money.

Answers

Answer:\a. High Individualism.

Explanation:

Hope this helps!

Does the number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system?

Answers

Answer:

The number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system is explained below in detail.

Explanation:

Federal Reserve acquisitions of federal agency securities and mortgage-backed agreements have decreased mortgage interest valuations, advancing home-buying more affordable. The Federal Reserve emerged new laws for credit cards, contracts, and other financial outputs following the furrow of the financial crisis.

Please help me with this i will give brainlist

Answers

Explanation:

this is the pdf

what is your question?

Burton Corp. is growing quickly. Dividends are expected to grow at a rate of 30 percent for the next three years, with the growth rate falling off to a constant 7.5 percent thereafter. If the required return is 13 percent and the company just paid a dividend of $2.55, what is the current share price

Answers

Answer:

hmmmmmmmmmmmmm

Explanation:

Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method, 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,730; SSTR = 4520.

Answers

The analysis of variance (ANOVA) table is a tabular representation of the findings. It details each source of variation's sources of variation, degrees of freedom, sum of squares, mean squares, and F-ratio.

The ANOVA table

To set up the ANOVA table, we need the following information:

Total sum of squares (SST): 10,800

Sum of squares between treatments (SSTR): 4560

Calculating the sum of squares within treatments (SSE):

SSE = SST - SSTR

SSE = 10,800 - 4560

SSE = 6240

For degrees of freedom (df),

Total degrees of freedom (dfTotal) = Total number of observations - 1

Treatment degrees of freedom (dfTreatment) = Number of treatments - 1

Error degrees of freedom (dfError) = dfTotal - dfTreatment

In this case.

Total number of observations = 30

Number of treatments = 3

dfTotal = 30 - 1

= 29

dfTreatment = 3 - 1

= 2

dfError = 29 - 2

= 27

Calculating mean squares (MS),

MST = SSTR / dfTreatment

MSE = SSE / dfError

MST = 4560 / 2 = 2280

MSE = 6240 / 27 ≈ 231.85

Calculating the F-ratio,

F-ratio = MST / MSE

F-ratio = 2280 / 231.85

≈ 9.83

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Question:

Three different methods for assembling a product were proposed by an industrial engineer. To investigate the number of units assembled correctly with each method. 30 employees were randomly selected and randomly assigned to the three proposed methods in such a way that each method was used by 10 workers. The number of units, assembled correctly was recorded, and the analysis of variance procedure was applied to the resulting data set. The following results were obtained: SST = 10,800. SSTR = 4560. Set up the ANOVA table for this problem. Using alpha = .05. test for any significant difference in the means for the three assembly methods.

Three different methods for assembling a product were proposed by an industrial engineer. To investigate

A movie theater charges $5 per ticket and averages 300 customers each night. If prices are raised to $7 per ticket, the theater estimates that average nightly ticket sales will be $1,750. How many customers is the theater expecting to average each night with the new ticket price ?

Answers

Answer:

250

Explanation:

I did 1750 divide 7 which got me 250

Why are mutual funds considered a high risk form of investment

Answers

Like other investments, mutual funds carry risk, which indicates you might lose money. The value of the majority of mutual funds will change when the worth of their assets rises and declines.

What are high-risk mutual funds referred to as?

Mutual funds invested in heavy debt securities with subpar credit ratings and small- or semi-equity funds are two examples of high-risk mutual funds. There is a lot of room for expansion for medium-sized or tiny businesses.

The level of risk associated with a mutual fund. Assets are chosen by a professional manager to satisfy the risk and return goals of the fund.

Therefore, A heavy investment is one that has a reasonably high chance of suffering a major failure or a significant percentage likelihood of losing money or performing poorly.

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The Chinese economy is BEST classified as a​

Answers

Answer:

socialist market economy

Explanation:

Hope this helps! Please mark brainliest!

The Chinese economy is best classified as a​ socialist market economy.

What is  socialist market economy?

Market socialism, which involves public, cooperative, or social ownership of the means of production, is based on a market economy, or one with a mix of worker-owned, nationalized, and privately owned firms.

Governments are in charge of wealth redistribution and closing the wealth gap in socialist economies. Though it is believed that no modern country has a "pure" socialist system, North Korea, China, and Cuba all include major socialist market economy components.

The supply and demand on the general market determine how goods and services are created. This kind of economic system is known as a market economy.

Thus, it is a socialist market economy.

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On June 15, 2021, Allen sold land held for investment to Stan for $65,000 and an installment note of $300,000 payable in five equal annual installments beginning on June 15, 2022, plus interest at 10%. Allen’s basis in the land is $255,500. What amount of gain is recognized in 2021 under the installment method?

Answers

The amount of gain that will be recognized in 2021 under the installment method, is $27, 857 . 14

How to find the gain recognized?

First, find the profit margin on the land sold by Allen to Stan:
= ( Selling price of land - Allen's basis in the land) / Allen's basis in the land

= ( ( 300, 000 + 65, 000) - 255, 500) ) / 255, 500

= 109, 500 / 255, 500

= 42. 857 %

The gain to be recognized, using the installment method is:
= Profit margin x Amount paid by Allen in 2021

= 42. 857 % x $ 65, 000

= $27, 857 . 14

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The wholesale cost box of 25 pieces of chocolate is 50 AEDYou decide to sel each bar of chocolate with a 20% profit plus 5% VAT tax Based on this information alone, how much will the cost of a single bar be? (2 Marks)

Answers

Answer:

Cost of a single bar = 2.52 AED (2.4 AED + 0.12 AED)

Explanation:

Cost of a box of 25 pieces of chocolate = 50 AED

Cost per bar for seller = 50 AED/25 = 2 AED

Selling price = 2.4 AED (2 AED * 1.2)

Plus 5% VAT = 0.12 AED (2.4 AED * 5%)

Cost of a single bar = 2.52 AED (2.4 AED + 0.12 AED)

b) The cost price to the seller is the cost of a box divided by the pieces or bars in the box, = 50 AED / 25 =  2AED

c) The cost price to the buyer is the selling price plus 5% VAT.  This cost includes the seller's cost, profit, and VAT.

With total reserves of $50,000 and a required
reserve ratio of 10 percent, potential
deposit creation for the banking
system is equal to :
O $20,000
O $50,000
O $80,000
O $300,000

Answers

With total reserves of $50,000 and a required reserve ratio of 10 percent, potential deposit creation for the banking system is equal to $300,000. The correct option is d.

It required reserves = transaction deposits * required reserve ratio

=200000*0.1=20000

Excess reserves =total reserves -required reserves =50000-20000

=30000

Money multiplier =1/required reserve ratio =1/0.1=10

Potential deposit creation =excess reserves * multiplier =30000*10=300000

It is $300,000.

The reserve ratio is the percentage of reservable liabilities the advertisement banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio. The reserve requirement is the minimum amount of reserves which a bank must hold, and it is sometimes used interchangeably with the reserve ratio.

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A company that accepts responsibility for a problem and does all that society expects to solve that problem is using:

a defensive strategy.
a proactive strategy.
an accommodative strategy.
a reactive strategy.

A tobacco company taking a reactive stance to the claims that smoking causes cancer would:

1. stop selling cigarettes as they are harmful to your health and actively warn consumers about the dangers of tobacco use.
2. create an advertising campaign, suggesting that breathing secondhand smoke was less dangerous than drinking milk.
3. sponsor advertisements on the impact that smoking can have on your health.
4. place a warning label on cigarette packages about the dangers of smoking.

Generally, there ___ a trade-off between being socially responsible and economic performance.

Answers

A company that accepts responsibility for a problem and does all that society expects to solve that problem is using: an accommodative strategy.

What is a Reactive Strategy?

This refers to the type of strategy that a person uses to respond to issues when they happen.

Hence, we can see that a tobacco company taking a reactive stance to the claims that smoking causes cancer would: 4. place a warning label on cigarette packages about the dangers of smoking.

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A budget acts as a personal summary of your income and expenses for a defined period of time—usually a month. In this activity, you’ll use a budget template to accurately capture your current spending and expenses over a specific period. It is okay to create a fictional budget. This exercise is just for practice.

Answers

A monthly budget serves as a personal overview of your earnings and outgoings for the given time period. Knowing what amount of cash your have, how much you've spent, and how much is required to save or sell helps you make financial decisions.

A budget also makes it simpler to assess your progress on financial objectives and gives you a clear picture of where the cash should go. We should include your income, spending, savings, and assets while creating a budget. To ensure that you have sufficient cash to save or invest, it's crucial to just include the required costs. Regular budget reviews can also help the company make minor modifications and stay on target.

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How can events in a process costing system affect financial statements? Provide examples.

Answers

The inventory costing asset account, which shows up on the balance sheet, is where the costs associated with units produced or in production are financial recorded.

The cost is transferred to the cost of goods sold account when the goods are eventually sold, where it appears on the income statement. Financial Process costing is a type of costing that's primarily utilized costing in manufacturing, where products are mass-produced constantly using one or more processes. Examples of this include producing chemicals, erasers, or processed foods. Instead of tracking expenses for each individual item, organizations that use process costing follow the flow of costs from department to department.

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Best practices help inventory managers control their inventory. Which of the following is an inventory management best practice?
Review safety stock levels on an annual basis
Purchase high volumes of trendy items
Know your most productive inventory and buy more of it
Keep sales and operations separate from inventory management

Answers

Answer:

qwowjphpiopfhaf

Explanation:

ddd

Review safety stock levels on an annual basis. Thus the option A is correct.

What is inventory control ?

The control over the inventory means the activity of checking a shop stop. It a process to ensure that you have the right amount of supply available within the business.

The inventory control also relates to the stock control. Other factors of inventory control include future forecasting and supply chain management. The production control and financial flexibility.

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Need help with some questions

Answers

Answer:

8

Explanation:

ph is cool watch it

Creative and innovative

Answers

A creative innovation is bringing about something unique and different.

What is creativity?

Creativity is the ability to imagine something unique or new that have not been in existence.

It could also be a modification to what have been existing before.

Therefore, A creative innovation is bringing about something unique and different.

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