Imagine you are looking at the Balance Sheets and Income Statements of Company A and Company B. You are also given the following background information on each company:Company A – An organic bakery specializing in cakes and cupcakes. The bakery sources all its ingredients from suppliers within a 50-mile radius of the bakery, and typically buys these ingredients on account making payment in 15-20 days. The bakery makes deliveries, which requires 2 vans (owned by the company) that are depreciated over 10 years. The bakery only accepts cash payments from customers. The bakery is a sole proprietorship (no outside investors) and has been able to finance operations solely through sales and the original investment of the owner, except for a $50,000 bank loan that is still outstanding with the bank. The bakery owns the land on which it operates, as well as the building it is in, and uses the land and building as collateral on the bank loan. Due to increased competition in the market, the bakery’s expenses exceeded revenue during the last fiscal year.Company B – A travel agency selling vacation packages to Italy, Greece, and Turkey. All sales are made on account (on credit) and the company expects full payment within 30 days. The company leases/rents all its long-term assets, including the office space, computers, and furniture. The company was funded by a small group of investors who purchased stock in the company. The investors are paid a $5000 dividend every year. The travel agency keeps pencils, pens, and paper on hand to help with the day-to-day operations of the business, and buys all these items on credit from an office supply store. The travel agency had a bank loan 5 years ago, but paid that off and has had no debt to the bank since. The company has a net profit margin of 37%.Based on the information provided above, list 5 differences you would expect to see in the financial statements of Company A and Company B (e.g., an account that may be on Company A’s financial statements that would not be on Company B’s financial statements, or vice versa). Specifically name the account and then document what information from above you used to come to your decision. Use account names that we have discussed in class.
Answers
The 5 differences that can be expected to be seen in the financial statements of Company A and Company B, Inventory, Accounts Receivable, Depreciation Expense, Interest Expense, and Dividends.
Based on the information provided, here are 5 differences that can be expected to be seen in the financial statements of Company A and Company B:
Inventory: Company A is an organic bakery that sources all its ingredients from local suppliers and typically buys these ingredients on account, while Company B is a travel agency that does not carry any inventory. Therefore, we would expect to see an inventory account on Company A's balance sheet, but not on Company B's balance sheet.
Accounts Receivable: Company B sells all its vacation packages on account and expects full payment within 30 days. Therefore, we would expect to see an accounts receivable account on Company B's balance sheet, but not on Company A's balance sheet.
Depreciation Expense: Company A owns 2 vans that are depreciated over 10 years, while Company B leases/rents all its long-term assets. Therefore, we would expect to see a depreciation expense account on Company A's income statement, but not on Company B's income statement.
Interest Expense: Company A has a $50,000 bank loan outstanding with the bank and uses the land and building as collateral on the loan, while Company B has no debt to the bank. Therefore, we would expect to see an interest expense account on Company A's income statement, but not on Company B's income statement.
Dividends: Company B was funded by a small group of investors who purchased stock in the company and are paid a $5000 dividend every year. Company A is a sole proprietorship and has no outside investors. Therefore, we would expect to see a dividends account on Company B's income statement, but not on Company A's income statement.
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Related Questions
What do you think would happen to the expected return on stocks if investors perceived an increase in the volatility of stocks? Assuming no change in tastes, that is, an unchanged risk aversion, investors perceiving higher risk will demand a higher risk premium to hold the same portfolio they held before. If we assume that the risk-free rate is unaffected, the increase in the risk premium would require a (Click to select) expected rate of return in the equity market
Answers
The increase in the risk premium demanded by investors due to the perceived increase in the volatility of stocks would result in a higher expected rate of return in the equity market.
When investors perceive higher risk in the stock market, they become more cautious and demand a higher compensation for taking on that risk. This compensation is typically in the form of a higher risk premium, which is the additional return investors require above the risk-free rate to invest in stocks.
Assuming no change in tastes or risk aversion, investors would be unwilling to hold the same portfolio they held before the perceived increase in volatility unless they are compensated with a higher expected rate of return. The higher expected rate of return is necessary to attract investors and justify the additional risk they perceive in the market.
Therefore, to incentivize investors to maintain their investments in stocks, the expected rate of return on stocks would need to increase. This increase in expected return compensates investors for the higher risk associated with increased volatility and reflects the higher risk premium demanded by investors.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUenter mia profit/loss for the 2 month
Answers
job order costing system would best fit the needs of a company that makes:Multiple Choice:Custom machinery.Cement.Shoes and apparel.Paint.Pencils and erasers.
Answers
The correct option is A. job order costing system would best fit the needs of a company that makes Custom machinery.
A costing system is designed to screen the prices incurred through a business. The machine is comprised of a fixed of forms, approaches, controls, and reports which might be designed to combine and file to management approximately sales, prices, and profitability.
Price and error traits of three cost accounting machine kinds: full costing, marginal costing, and interest-based totally costing.
Fee accounting tracks, statistics, and analyses of the unique charges of manufacturing that arise within a commercial enterprise. those prices fall below three important classes: material, exertions, and overhead charges. the principle goal of price accounting is to decide the quality pricing techniques for services and products.
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explain the former assembly and meeting
Answers
Answer:
a company of persons gathered for deliberation and legislation, worship, or entertainment is known as formal assembly.
A meeting is a gathering of two or more people that has been convened for the purpose of achieving a common goal through verbal interaction, such as sharing information or reaching agreement.
Cms may eliminate any increase in payment due to the occurrence of selected post-admission complications, known as:.
Answers
Answer:Hospital Acquired Conditions
Explanation:
CMS may eliminate any increase in payment due to the occurrence of selected post-admission complications known as Hospital Acquired Complications.
What are hospital-acquired conditions?Illnesses that arise when a patient is in the hospital for another reason result in suffering from these conditions known as Hospital Acquired conditions.
To reduce the causes of these spreads, Hospitals have developed reduction programs that aim to promote hospitals to enhance patient safety by reducing the number of conditions associated with hospitalization of the patient.
These reduction programs help them to design better safety and security to restrict this kind of infection.
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Bitcoin is worth it?
Answers
Determine the correct sequence of the following events from start to finish.
-The kitchen staff prepares the dishes.
-Fatima, the expediter,checks the order before the server picks them up.
-Lara then transmits the order to the kitchen
-Lara takes the order from the customer and notes down.
-Brian, the chef, estimates the time each dish will require for preparation
-Lara retrieves the order and delivers it to her customer
Answers
The correct sequence of the events from start to finish is:
-Lara takes the order from the customer and notes down.Lara then transmits the order to the kitchenBrian, the chef, estimates the time each dish will require for preparationThe kitchen staff prepares the dishes.Fatima, the expediter,checks the order before the server picks them up.Lara retrieves the order and delivers it to her customerWhat is the sequence of ordering food in a restaurant?The first thing that happens is that the waiter picks up the order from the customer and takes note of it. The order will then go to the kitchen where the chef will estimate how long the order will take to be prepared.
The expediter will then check the order when the meal is done but before the waiter picks it up. The waiter than delivers to the order.
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Holy macaroni! That's Almost It!
We're done with the four habits of millionaires-to-be.
Do you remember what the habits were? Let's see...
Check the sentences that best describe the "Big Four
Habits."
And you'll see this question again in the test
. You're not quite there yet. Try again.
Virtually all of the 7 million millionaires in the United States
never had to think about tomorrow, since they knew they would be
rich.
were always thinking ahead.
wanted their money to work for them.
wanted to store their money under the bed.
were looking forward to buying a lot of nice toys.
assumed all sellers were telling the truth.
learned how to make smart decisions by doing their homework.
always paid their cell phone first.
always paid themselves first.
Answers
Answer:
2,3,7 and the last one
Explanation:
Just had the same question and went back into the lesson to look . THESE TAKE FOREVER HAHA
Seven million millionaires in U.S :
we're always thinking ahead.wanted their money to work for them.learned how to make smart decisions always paid themselves first.Who are millionaires?Millionaires are those individuals who have a net worth that is equal to or are then one million units of currency.
These people include businessmen that have own business and own large amount of shares in other companies. The millionaires networth and financial assets also contribute to the nation's GDP.
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the greater the dash the easier the object will move
Answers
Answer:
correct. its true and I absolutely agree with you. good job
Explanation:
Bc y=2x-1^3 is the equation
John, a computer scientist, is willing to pay premium prices to be one of the first to have new versions of software packages. John is in the ____ customer group. Group of answer choices early adopter laggard early majority innovator late majority
Answers
John, who is willing to pay premium prices to be one of the first to have new versions of software packages, falls into the "innovator" customer group.
The customer adoption curve, also known as the diffusion of innovation curve, categorizes customers into different groups based on their willingness and speed of adopting new products or technologies. The groups in the customer adoption curve include:
Innovators: These are the first individuals to adopt new products or technologies. They are typically adventurous, risk-takers, and willing to pay a premium to be early adopters.
Early Adopters: This group follows the innovators and is characterized by their willingness to try new products or technologies early on. They are influential opinion leaders and are often considered as trendsetters.
Early Majority: This group represents the average consumers who adopt new products or technologies after the innovators and early adopters have paved the way.
They are more cautious in their adoption and tend to rely on the experiences and recommendations of others.
Late Majority: This group adopts new products or technologies when they have become widely accepted. They are typically skeptical and may require more evidence of the product's value before adopting.
Laggards: These are the last individuals to adopt new products or technologies. They are resistant to change and may stick to older, more familiar alternatives.
Given that John is willing to pay premium prices and desires to be one of the first to have new software versions, he fits into the "innovator" customer group.
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John, who is willing to pay premium prices to be one of the first to have new versions of software packages, falls into the "innovator" customer group.
The customer adoption curve, also known as the diffusion of innovation curve, categorizes customers into different groups based on their willingness and speed of adopting new products or technologies. The groups in the customer adoption curve include:
Innovators: These are the first individuals to adopt new products or technologies. They are typically adventurous, risk-takers, and willing to pay a premium to be early adopters.
Early Adopters: This group follows the innovators and is characterized by their willingness to try new products or technologies early on. They are influential opinion leaders and are often considered as trendsetters.
Early Majority: This group represents the average consumers who adopt new products or technologies after the innovators and early adopters have paved the way.
They are more cautious in their adoption and tend to rely on the experiences and recommendations of others.
Late Majority: This group adopts new products or technologies when they have become widely accepted. They are typically skeptical and may require more evidence of the product's value before adopting.
Laggards: These are the last individuals to adopt new products or technologies. They are resistant to change and may stick to older, more familiar alternatives.
Given that John is willing to pay premium prices and desires to be one of the first to have new software versions, he fits into the "innovator" customer group.
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*
Every year,
large public corporations commit fraud.
3 out of 7
5 out of 7
O
1 out of 7
4 out of 7
Answers
Which of the following choices is not a career assessment value?
Answers
Answer: Career assessments are surveys or tests that attempt to give insight into what type of career would be best for someone. There are four major types of career assessments: personality tests, interest inventories, skills assessments, and value assessments.Career assessment is a way to learn more about how well a variety of careers might suit you. Different types of assessments focuses on specific areas, such as skills, interests, or values.
Explanation:
How much is it to start a buissness?
Answers
Answer:the average cot to start a business is 30,000
Explanation:
the rise of virtual work has led to a decline in organizational hierarchies. (True or False)
Answers
The given statement that "the rise of virtual work has led to a decline in organizational hierarchies" is true to a certain extent. With the advancement in technology and the growth of the gig economy, more and more individuals are choosing to work remotely and independently, rather than being a part of a traditional organizational structure.
This trend towards virtual work has led to a decrease in the importance of organizational hierarchies as they are not as necessary in a virtual work environment. In a virtual work setting, communication is typically more fluid and informal, which can lead to a flattening of the organizational structure.
Traditional hierarchies often rely on strict chains of command and formal communication channels, which can be difficult to maintain in a virtual work environment. As a result, virtual work has led to a more networked organizational structure where individuals and teams work collaboratively to achieve goals, rather than relying on a rigid hierarchy.
However, it is important to note that organizational hierarchies are not completely obsolete in virtual work environments. Even in a virtual setting, there is still a need for clear leadership and decision-making processes. Additionally, certain industries or job roles may still require a more traditional hierarchical structure to function effectively.
In conclusion, while the rise of virtual work has led to a decline in the importance of organizational hierarchies, it is important to recognize that hierarchies still play a role in many industries and job roles.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
QUICKLY PLEASE ITS TIMED!!!!
Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answers
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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Partnership made when direct investment in a foreign country occurs with a domestic partner are called a. Multinationals b. Mini-nationals c. Joint ventures d. Cooperatives
Answers
Answer:
c. Joint ventures
Explanation:
A foreign direct investment (FDI) can be defined as an investment made by an individual or business entity (investor) into an investment market (industry) located in another country. The investor here, shares a different country of origin from the country where his investment is located. In a foreign direct investment (FDI), an investor must establish his business, factory and operations in a foreign country or acquire assets in a business that is being operated in a foreign country.
Additionally, foreign direct investment (FDI) are categorized into three (3) main types and these are;
1. Vertical FDI: it involves establishing a different business that is however similar to the main business owned by the investor.
2. Horizontal FDI: it involves establishing the same type of business in a foreign country as owned in the investor's country.
3. Conglomerate FDI: it involves establishing a business that is completely different in another (foreign) country.
Partnership made when direct investment in a foreign country occurs with a domestic partner are called joint ventures. It is typically established or initiated by two or more people on mutual grounds to make profits and sharing costs.
How cost-benefit analysis helps government?
Answers
Cost-benefit analysis is similar to what market forces do for government ventures, this makes an effort to review and analyze the discounted streams of future benefits and costs associated with a proposed project in terms of money.
What is the cost-benefit analysis?Cost-benefit analysis can be used to assess the costs and benefits of interventions when both are expressed in monetary terms.
Concept symbol Cost-benefit analyses (CBA) and CEA consider health outcomes.
The net present value (NPV), economic rate of return (ERR), and benefit-cost ratio are three suggestive criteria that can be used in a cost-benefit analysis to determine the economic sustainability of a safer school IPF before the project is implemented.
Cost-benefit analysis has been employed as one technique.
This makes an attempt to evaluate and analyze the discounted streams of future benefits and future costs connected with a proposed project in terms of money, much like the forces of the market do for business initiatives.
Therefore, cost-benefit analysis is similar to what market forces do for government ventures, this makes an effort to review and analyze the discounted streams of future benefits and costs associated with a proposed project in terms of money.
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A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if she expects it to be selling for $30 in one year and requires a 15 percent return on equity investments? Working out
Answers
Answer:
$26.30
Explanation:
Calculation to determine the investor's valuation of this stock
Using this formula
Investor's valuation of the stock = [Dividend / (1 + rate)] + [Selling price / (1 + rate)]
Let plug in the formula
Investor's valuation of the stock = [$0.24 / (1 + 0.15)] + [$30 / (1 + 0.15)]
Investor's valuation of the stock = $0.21 + $26.09
Investor's valuation of the stock = $26.30
Therefore the investor's valuation of this stock will be $26.30
why do so many news agencies contract with independent polling companies?
Answers
News agencies contract with independent polling companies to ensure unbiased and accurate data collection for their reports. These companies provide expertise, objectivity, and specialized methodologies that enhance the credibility of the news agency's polling information.
News agencies often contract with independent polling companies for several reasons. Firstly, independent polling companies bring specialized expertise in conducting surveys and gathering data. They have experience in designing and executing surveys, ensuring they are scientifically rigorous and representative of the population being studied. This expertise helps news agencies obtain accurate and reliable information for their reports.
Secondly, by outsourcing polling to independent companies, news agencies can maintain objectivity and avoid any perceived bias. Independent polling companies operate separately from news agencies, which reduces the potential for conflicts of interest and ensures the impartiality of the data collection process. This enhances the credibility of the news agency's polling information and strengthens public trust in the accuracy and fairness of their reporting.
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In the world of banking, checks are Group of answer choices fiat money written instructions from one depositor to another depositor token money written instructions from a depositor to the bank a form of commodity money
Answers
Checks in the world of banking are written instructions from one depositor to another depositor. A check is a type of financial instrument which contains written instructions from the account holder of a bank to another bank account holder or to the bank itself.
ordering the bank or financial institution to pay a specific amount of money as directed in the check. Banks have been in existence since ancient times, and they continue to evolve and adapt to modern times. Banks are crucial institutions in today's economy since they facilitate the circulation of money and promote trade by providing payment services, credit, and other financial products and services.
Checks are an essential aspect of banking transactions since they enable individuals and businesses to make and receive payments without carrying large amounts of cash. Checks can also serve as a means of proof of payment since they contain details of the transaction.
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In utilizing minnesota multiphasic personality inventory-2 (mmpi-2) scores, trained and experienced clinicians usually focus on ____.
Answers
In utilizing Minnesota Multiphasic Personality Inventory-2 (MMPI-2) scores, trained and experienced clinicians usually focus on identifying and understanding patterns of responses to assess a person's personality traits and psychological functioning.
The MMPI-2 is a widely used psychological assessment tool designed to measure various dimensions of personality and psychopathology.
Clinicians pay attention to several key aspects of the MMPI-2 scores. Firstly, they examine the validity scales, which indicate the test-taker's willingness to be open and honest during the assessment. This helps clinicians assess the reliability of the test results and ensure that the individual has engaged sincerely in the evaluation process.
Next, clinicians analyze the clinical scales, which provide information about specific areas of psychological functioning, such as depression, anxiety, and social introversion. These scales help clinicians identify potential mental health issues or areas of concern that may require further evaluation or treatment.
Furthermore, clinicians look at the supplementary scales, such as the Lie Scale and the Defensiveness Scale. These scales provide insight into the test-taker's defensive or deceptive tendencies, helping clinicians assess the reliability of the overall test results.
In summary, when utilizing MMPI-2 scores, trained and experienced clinicians focus on the validity scales, clinical scales, and supplementary scales to gain a comprehensive understanding of a person's personality traits, psychological functioning, and potential mental health concerns.
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Assume that a customer shops at a local grocery store spending an average of $350 a week, resulting in a retailer profit of $35 each week from this customer. Assuming the shopper visits the store all 52 weeks of the year, calculate the customer lifetime value if this shopper remains loyal over a 10-year life span. Also assume a 9 percent annual interest rate and no initial cost to acquire the customer. The customer yields $_per year in profits for this retailer. (Round to the nearest dollar.)The customer lifetime value is $_______
Answers
The customer lifetime value is $11,680.76
What is customer value?The amount that a service or a product is valuable to a consumer is the best way to describe customer value. It is an estimate of all the expenses and advantages related to a good or service. Price, reliability, and what the good or service can achieve for that specific person are a few examples.Consumers seek goods and services with characteristics that result in the greatest value and satisfaction given their needs and economic ability. The four different categories of value are: financial value, social value, cognitive value, and functional value.Total Customer Benefit - Customers Costs = Customer Value, or B - C = CV, is the formula for calculating customer value.Operational, sociological, psychological, logical, and conditional value are the five basic categories of consumer value.To learn more about customer refers to:
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Along with the amount of financial aid, which is the most important to pay attention to when trying to determine financial aid costs in relation to your personal budget?
Answers
Prompt attention to the interest rates is important in determining financial aid costs.
What is Financial aid?This is the money which is usually given to students to help for school or other courses.
These aids usually come with an outlined interest rates which should be taken note of in order to determine financial aid costs in relation to the individual's personal budget.
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Answer:
the amount of money and hours you can earn through work-study?
Explanation:
Our bank pays interest per year. you put in the bank today and more in the bank in one year. how much will you have in the bank in years?
Answers
You are asking how much money you will have in the bank after a certain number of years, given that the bank pays interest per year. However, the question does not provide the interest rate or the amount of money.
To calculate the future value of an investment, we need three key pieces of information: the principal amount (the initial amount you put in the bank), the interest rate. Once we have these three pieces of information, we can use the compound interest formula to calculate the future value:
Future Value = Principal Amount × (1 + Interest Rate)^Time Period.
Future Value = $1000 × (1.05)^3
Future Value = $1000 × 1.157625
Future Value ≈ $1157.63
Therefore, in this example, you would have approximately $1157.63 in the bank after 3 years.To determine the specific amount of money you will have in the bank in years, you would need to know the interest rate and the initial amount you deposited. Then, you can use the compound interest formula mentioned above to calculate the future value.
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The correct question is
Your bank pays 2.5% interest per year. You put $1,000 in the bank today and $500 more in the bank in one year. How much will you have in the bank in two years?
The material quantity variance reflects the difference between the ___________ quantity of materials used in production and the _________ quantity allowed for the actual output
Answers
The material quantity variance is a standard costing technique used to assess the difference between the actual quantity of materials used in production and the quantity of materials allowed for the actual output, multiplied by the standard price per unit.
This variance is a measure of the efficiency of material usage, and it provides insights into how well a company is managing its raw materials. A favorable variance occurs when less material is used than was allowed, indicating that the company has used its materials more efficiently. Conversely, an unfavorable variance indicates that more material was used than allowed, resulting in higher costs and lower profits.
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Complete the following statement.
This
Adrian is attending a marketing conference and seems quite bored with the sequence of events, so he is
1. Slouching I. His chair
2. Leaning forward
3. Crossing his arms
This kind of gesture is an example of
1. Nonverbal
2.verbal
communication.
Answers
HELP ILL GIVE A CROWN TO WHOEVER IS RIGHT BUT PLZ HeLP
Alejandro lives in a small apartment, within walking distance to school. He takes the bus to work where he makes $10 per hour after taxes and works 30 hours per week. He wants to save money to buy a $6000 car within the next 2 years. How could a monthly budget be created to help Alejandro meet his financial goals? Select the best option.
Monthly Budget
Budget A
Budget B
Budget C
Budget D
Income
$1,500
$1,500
$1,200
$1,200
Expenses-
Rent
Utilities
Food
Bus Pass
Savings
$600
$100
$150
$25
$250
$600
$100
$550
$25
$250
$600
$100
$250
$25
$250
$600
$100
$150
$25
$250
a.
Budget A
b.
Budget B
c.
Budget C
d.
Budget D
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
um look and ctrl C my link and it have the answer
Explanation:
um that should also give ur answer too
https://quizlet.com/68451633/personal-finance-flash-cards/
Answer:
The answer is Budget D
Explanation:
briefly describe the key advantages and disadvantages of the three approaches to management education. under what conditions would you recommend that an organization send its managers to an executive mba program?
Answers
The three approaches to management education are traditional degree programs, executive MBA programs, and non-degree executive education programs. Each approach has its own advantages and disadvantages.
Advantages of traditional degree programs:
- Thorough instruction on a wide range of management topics
- Coursework typically includes the ability to focus on a specific subject or area of study
- Learning is structured, with a clear path of progression
Disadvantages of traditional degree programs:
- Long time commitment
- Can be costly
- Not designed for experienced managers
Advantages of executive MBA programs:
- Focuses on practical applications of management skills
- Structured curriculum tailored to experienced managers
- Variety of learning opportunities, such as team building and problem-solving
Disadvantages of executive MBA programs:
- Costly
- Typically require a lot of travel
- Not suitable for someone with limited experience
Advantages of non-degree executive education programs:
- Flexible learning schedule
- Lower cost
- Hands-on instruction from experts
Disadvantages of non-degree executive education programs:
- Less comprehensive instruction
- Limited choice of subjects
I would recommend that an organization send its managers to an executive MBA program when the managers have experience in management and the organization has the budget for it. Executive MBA programs provide an opportunity to apply theory to practice and gain practical skills from experienced professionals.
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