The time interest earned ratio of the company was found to be 7.4 times to the expenses.
EBIT = Net Income + Interest Expense + Income tax Expense
= 240,000 + 50,000 + 80,000
= 370,000
Times Interest Earned Ratio:
EBIT / Interest Expense
= 370,000 / 50,000
= 7.4 times
Times interest earned ratio is a good way to measure a company's financial performance because it shows a company's ability to pay interest charges on its debts the ratio is calculated by taking a company's net income before interest and taxes and dividing it by the company's interest expense.
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a brokerage firm places u.s. treasury notes and bonds in a trust at a bank and then issues securities collateralized by either the principal or interest payments those notes and bonds represent. these new securities the broker-dealer is offering are
The principal or interest payments those notes and bonds represent. these new securities the broker-dealer is offering are treasury receipts.
There are four different types of bonds that can be categorized: corporate, municipal, government, and agency bonds. Bond prices and coupon rates have an inverse relationship. Payment is the voluntary presentation of money or its equivalent or of things of value by one party to another in exchange for goods or services provided by them or to satisfy a legal obligation. When the rate of interest increases, the bond prices decrease and when the rate of interest decreases, the bond price increases. Payer refers to the party sending the payment, whereas payee denotes the recipient of the payment.
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laura went to walmart to check the quality, sizing, and price of some branded clothes. but she found the same items at a cheaper price online and bought them online instead of getting them at walmart. what is this practice called?
She found the same items at a cheaper price online and bought them online instead of getting them at Walmart. This practice is called Showrooming.
Showrooming is the exercise of inspecting products in a conventional brick-and-mortar retail shop or other offline putting and then buying it online, from time to time at a lower rate. Online shops often provide lower costs than their brick-and-mortar opposite numbers due to the fact they do now not have the same overhead cost.[1] The opposite phenomenon of showrooming is webrooming. In webrooming clients studies a product online earlier than buying it in a shop. A 2012 comScore study found 35% of U.S. Clients mentioned showrooming and of these, half had been between 25 and 34 years vintage.
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what is one general class or type of techinical indicators? in what type of market is it most useful? g
In general, technical indicators fit into five categories :trend,mean,reversion,relative strength,volume and momentum.
What do you mean by technical indicators?
Technical indicators are heuristic or pattern-based signals produced by the price, volume, and/or open interest of a security or contract used by traders who follow technical analysis.
By analyzing historical data, technical analysts use indicators to predict future price movements. Examples of common technical indicators include the Relative Strength Index(RSI),Money Flow Index(MFI),stochastics,moving average convergence divergence(MACD),and Bollinger Bands.
Technical indicators is most useful in stock market. It is used by traders to gain insight into the supply and demand of securities and market psychology. Together, these indicators form the basis of technical analysis, Metrics, such as trading volume, provide clues as to whether a price move will continue.
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a customer requests a $5,000 partial surrender of his universal life insurance policy. the agency producer notices that the customer has made a $5,000 premium deposit just a week before. the producer should:
In this life insurance policy, the producer should discuss the situation with his/her manager.
Life insurance policy
Life insurance policy refers the contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period.
Given,
The customer requests a $5,000 partial surrender of his universal life insurance policy. the agency producer notices that the customer has made a $5,000 premium deposit just a week before.
Here we need to find what the producer should do.
Here we know the the customer requests the partial surrender of $5,000 from his universal life insurance policy.
And the agent identified that the customer has made a $5,000 premium deposit just a week before.
So, the agent discuss this with the producer.
Now, the producer further discuss this with the his/her manager before, make the decision.
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fill in the blank question. when merchandise is returned for a refund or for credit to be applied to other purchases, the situation is called a(n) . (enter one word per blank.)
Sales returns refer to situations where products are returned for a refund or credit that can be used on future purchases.
A sales return is merchandise sent back by a buyer to the seller. The return is usually because an excess quantity was either ordered or products shipped, or due to defective goods. A return may also be triggered by goods having been shipped too late, or the wrong items were shipped, or because the product specifications were incorrect.
The seller records this return as a debit to a Sales Returns account and a credit to the Accounts Receivable account; the total amount of sales products returns in this account is a deduction from the reported amount of gross sales in a period, which yields a net sales figure. The credit to the Accounts Receivable account reduces the amount of accounts receivable outstanding.
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what proportion of disputes that begin the eeoc mediation process are eventually resolved through mediation?
More than half disputes that begin the Eeco mediation process are eventually resolved through mediation.
What is Mediation?
An unbiased third person helps opposing parties resolve dispute via the use of specialised communication and negotiation strategies in mediation, which is a structured, interactive process. We urge active participation from each and every mediator participant. In a mediation, the parties meet with a third party who is neutral and objective and who helps them negotiate their disagreements. Evaluative, facilitative, and transformative mediation are the three basic mediation techniques. The arbitrator is unbiased. This implies that they are neutral. They are there to assist all parties in finding a resolution they can all support. The focus is on finding ways to reach an understanding on how to collaborate in the future rather than deciding who was right or wrong in the past.
Hence, More than half disputes that begin the Eeco mediation process are eventually resolved through mediation.
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is the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people and especially from the online community rather than from traditional employees or suppliers. a. digital native b. reputation economy c. perpetual beta d. network effect e. crowdsourcing
Through crowdsourcing, a sizable group of dispersed participants produce or provide goods or services, such as ideas, votes, minor tasks, and money, for pay or as volunteers.
What kind of example is crowdsourcing?While some crowdsourcing participants occasionally work as paid freelancers, others complete simple chores for free. For example, traffic apps like Waze encourage users to independently report accidents on the road so that users can obtain real-time, updated information. The practice of asking a lot of people for the necessary data, products, or services is known as crowdsourcing. In his article "The Rise of Crowdsourcing" from Wired magazine in 2006, author Jeff Howe introduced the word "crowdsourcing," which combines crowds and outsourcing. Crowdsourcing is a method of obtaining products, ideas, or material with the help of numerous participants. In crowdsourcing, the "crowd" is frequently an outsider looking for answers. ts.
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discuss how an airline executive might use tourism economics relating to passenger load-factors, ticket prices, discounts, frequent-flyer programs, joint fares, and flight frequencies.
Discuss how an airline executive might use tourism economics relating to passenger joint fares, and flight frequencies. An worldwide, peer-reviewed publication called Tourism Economics examines the commercial elements of travel in a broader sense.
It takes into account production inputs, development restraints such social and communal Economics, sustainable tourist and leisure resource usage, and community and social concerns. A country's infrastructure is developed, its revenue is increased, and a sense of cultural interaction between locals and visitors is sown thanks to tourism. In numerous locations, tourism generates a sizable number of jobs. Critical funding, taxation, and travel facilitation decisions are informed by policy analysis.
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nonconstant growth storico co. just paid a dividend of $3.65 per share. the company will increase its dividend by 20 percent year and will then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company's stock percent, what will a share of stock sell for today?
If the company continues to grow at its current rate indefinitely, a share of stock will be sold for 71.03 today. if the required percentage return on the company's stock.
A security that denotes ownership of a portion of the issuing company is share referred to as a stock, also known as equity. Shares, which are units of stock, entitle their owners to a portion of the company's assets and profits based on how many shares they own.
The cornerstone of many individual investors' portfolios, stocks are primarily bought and sold on stock exchanges. Government rules aimed share at shielding investors from dishonest practices must be followed when trading stocks.
D0 = 3.65
D1 = 3.65( 1+ 0.20) = 4.38
D2 = 4.38( 1+ 0.15) = 5.037
D3 = 5.037( 1+ 0.10) = 5.5407
Value of Stock = D D2 + (1+r)2 D3(1+G) D3 r-G + (1+r)3 (1+r)3 (1+r)
where r = 0.12
G = 0.05
= 4.38 / (1 +0.12) + 5.037 / (1 +0.12)2 + 5.5407 / (1 + 0.12)3 + 5.5407(1+0.05) / 0.12-0.05 / (1 + 0.12) 3
= 71.03
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when you receive an offer on a listing for less than asking price, which of these would be the least effective course of action to take?
'Giving the sellers the price over the phone so they can think about it before you meet with them' would be the least effective course of action to take. Hence option D pertains to the right answer choice.
An offering price refers to the price at which certain products and services are offered for sale. In investments and finance, the offering price most often is defined as the per-share value at which 'publicly-issued securities' are made available for purchase by the investment bank during an IPO or initial public offering.
Based on the given context where you receive an offering price on a listing for less than the asking price, the least effective course of action to take would be giving the sellers the price over the phone so they can make a consideration over it before you meet with them.
"
Complete question is as follows:
when you receive an offer on a listing for less than asking price, which of these would be the least effective course of action to take?
A. Study the other terms of the offer so you can maximize the offer's benefits and minimize the lower price.
B. Set up a face-to-face meeting with the sellers as soon as possible.
C. Prepare additional documentation to take to the presentation.
D. Give the sellers the price over the phone so they can think about it before you meet with them.
"
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a conglomerate fits which type of corporate diversification model? multiple choice question. related diversification single business dominant business unrelated diversification
The type of diversification model of a conglomerate fits is unrelated diversification. It is because the conglomerates have a success factors are unrelated to each other.
An unrelated-business diversifier generally can be defined as a company pursuing growth in product markets where the main success factors are unrelated to each other. Whether a simply a holding company or also a conglomerate such a company, expects little or no transfer of functional skills among its various businesses. The advantage of unrelated diversification is to helps you protect against major pitfalls of business downturns.
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a firm's (fill in the blank) determines how the work efforts of individuals and teams are orchestrated and how resources are distributed.
A firm structure determines how the work efforts of individuals and teams are orchestrated and how resources are distributed.
What do you mean by Firm structure?
A firm structure can be defined as the system that shows how certain activities are directed in order to achieve the goals of an organization. A firm has certain basic features including profitability, asset structure, liquidity, business risk, growth and size and three economic factors including interest rate and inflation.
The core factors in which the structure is laid down are Entrepreneurial Skill,Managerial Ability Availability of Finance, Availability of Labour, Nature of Business, Extent of the Market.
There are various kind of firm structure
Functional Divisional GeographicMatrix.Therefore, a firm structure determines how the work efforts of individuals and teams are orchestrated and how resources are distributed.
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the integration of a variety of communication elements to deliver a comprehensive, consistent message to all customers over time, across all elements of their retail mix and across all delivery channels is referred to as
Is referred to as integrated marketing communications.
What is communicatiom?
Giving, receiving, and sharing information are all parts of communication, which can take the form of talking, writing, listening, or reading.
Effective communicators pay close attention to others' opinions, speak or write clearly, and respect them.
In daily life, communication enables us to connect with others, share our experiences and needs, and strengthen our bonds. It gives us the chance to communicate our thoughts, share information, and express our emotions. All of us must communicate.
What is communication process?
The term "communication process" refers to the movement of information or a message from the sender to the receiver through a chosen channel while navigating obstacles that slow it down. Since the sender initiates communication and receives it back in the form of feedback, communication is a cyclical process.
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which term describes the redesigning of an organization so that it can more effectively and efficiently serve its customers?
Redesigning the organization so that it is more efficient and effective is called restructuring
Organizational design is a formal endeavor, a directed process for integrating people, information and technology in an organization.
Restructuring is an organizational activity to reform the company's operational strategy for goals or objectives in an effective and efficient manner. The restructuring step not only supports the improvement of financial conditions, but also operational progress which produces good results.
Corporate restructuring is very important because a company needs to evaluate its performance and make a series of improvements, so that it continues to grow and be competitive. There are 4 (four) forms of restructuring, namely: merger, consolidation, takeover and settlement..
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suppose college graduates earn $25 an hour and high school graduates earn $15 an hour. suppose too that the marginal product of college graduates at johnson tools is five hammers per hour, while the marginal product of high school graduates is four hammers per hour (regardless of the number of each type of worker employed). what is the least- cost production method for producing 100 hammers in an eight-hour day? what if the marginal product of high school graduates was instead two hammers per hour? what is the critical difference in productivity (in percentage terms) at which the type of worker hired changes?
The marginal product of high school graduates was instead two hammers per hour is 100
For least-cost production, the ratio of the marginal product should be equal to its earnings.
Marginal ProductRatio =5/4
Earnings ratio = 25/15 = 5/3
The production of hammers will increasingly be done by high school pupils.
minimum 15x + 25 subject to
5x + 4y = 100
Marginal productivity or marginal product is the additional output, return, or profit produced per unit as a result of benefits from production inputs. A few examples of inputs are labor and raw materials. The total product value is divided by the difference in labor to determine the marginal product of labor.
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if the equilibrium output is above the gdp potential then the gap between the output and potential gdp would be called a(n)
According to the claim, the difference between output current and potential GDP is known as the inflationary gap.
What GDP means?Gross domestic product, also known as GDP, is one of the most popular. It is frequently quoted in reports by authorities, financial institutions, and the financial industry as well as in newspapers, on news channels, and in publications. It is now frequently used as a benchmark for measuring the strength of both national and global industries.
What is GDP and how is it calculated?GDP is calculated as private consumption plus domestic product plus government investment plus (exports – imports). The country's national statistical office often uses the international standard to compute GDP.
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which of the following are disadvantages to extending credit to customers? (check all that apply.) multiple select question. increased sales increased bad debt costs increased wage costs delayed receipts of cash increased credit ratings
The following are disadvantages to extending credit to customers delayed receipts of cash.
The dangers of promoting on credit score include extended salary charges incurred in hiring employees to reveal and tune credit score customers, awful debt charges from debts which can be amassed overdue or now no longer at all, and not on time receipt of coins.
As the above information show, there may be a positive degree of chance that you may not receives a commission on time in case you enlarge credit score. This can motive hassle with coins float and prevent your capacity to satisfy the groups monetary obligations.
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Answer:
increased
Explanation:
40 POINTS
How do you recommend the government change GDP and taxes to stabilize the economy in each of the following scenarios?
1, Economic growth has started slowing and the unemployment rate has increased over the past four months.
2, There has been strong growth in GDP over the past year, unemployment is very low, and inflation has started to rise.
3, Prices are stable, unemployment is low and the economy is growing at an average rate
To stabilize the economy in the given scenarios, the government should change GDP and taxes as follows:
Economic growth has started slowing and the unemployment rate has increased over the past four months. - Decrease taxes to increase GDP There has been strong growth in GDP over the past year, unemployment is very low, and inflation has started to rise. - Increase taxes to decrease GDP Prices are stable, unemployment is low and the economy is growing at an average rate - No change to taxes to maintain GDP growth How can taxation affect the economy?Taxation leads to less money being available to people to invest in the production of goods and services, and to consume. This means that more taxation means less economic and GDP growth.
If economic growth is slowing, reducing taxes would allow for an increase in economic growth. When inflation is starting to rise along with a strong growth in GDP, the economy might be overheated so there is a need to increase taxes so that GDP will fall. If the economy is stable however, taxes should be left as they are.
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because of fixed costs, net operating income does not change in proportion to changes in the level of activity which is called the effect
It is true that due to fixed expenses, net operating revenue does not fluctuate in line with changes in activity levels.
What do you mean income?The amounts of money, assets, and other exchanges of value obtained over a predetermined time frame in return for products or services are often referred to as "income." Income is defined in relation to the topic in which the word is employed; there isn't a single, universal definition.
What is an example of income?Earnings from a portfolio or passive income may be considered ordinary income. Rental income and consistent dividends from investments are two examples. Distributions from pensions or retirement accounts are also considered to be ordinary income.
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albert owns a breakfast diner and decides to add a new item, the peerless omelet, to his menu. albert must decide how many eggs to include in each omelet so that he makes the highest profit. please use the information in the chart to answer the questions. how many eggs should albert include in the omelet?
Albert owns a breakfast diner and decides to add a new item, the peerless omelet. 6 eggs to include in each omelet so that he makes the highest profit
Elaborate :The borderline cost for each fresh egg is$0.45, meaning that it costs this important for Albert to add one further egg.
As he adds eggs, he also increased the price he charges for the omelet.
The change in price from one size to another gives him his borderline benefit.
Any rational patron would stop producing at the point where borderline cost exceeds borderline benefit, and for Albert, this point would be 6 eggs.
Still, 4, or 5 eggs he'd be missing out on profit he could earn by including further, If he produces omelets with 3. Also, if he produced omelets with 7 or 8 eggs, he'd face the situation of being suitable to increase his profit by reducing the number of eggs included and dropping his price.
Six eggs in each omelet is his profit- maximizing point.
What's the profit maximization rule?The common rule for profit maximization is that enterprises should be suitable to produce enough goods and services to increase the borderline profit. The borderline profit should equal the borderline cost of goods and services. thus, the affair quantum of goods should be similar that the price( P) charged to the guests valuing the product should equal the borderline cost( MC) that the society uses to produce one unit or product.
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15.14. what is the price of a european put option on a non-dividend-paying stock when the stock price is $69, the strike price is $70, the risk-free interest rate is 5% per annum, the volatility is 35% per annum, and the time to maturity is 6 months?
An option of the European variety is one that can only be exercised at maturity. An American style option, on the other hand, can be exercised anytime prior to the maturity date. The American style option is slightly more valuable than the European one, but everything else is the same.
Pay attention to the fact that this option is already worth $6.
What is the cost of a European call option on a stock that doesn't pay dividends?A European call option with a $50 strike price on a non-dividend-paying stock costs $6.The stock price is $51, the time until maturity is one year, the continuously compounded risk-free rate for all maturities is 6%, and the price of the stock is $51.
What is the cost of a $30 strike European put option with a six-month expiration date?The exchange technique is the accompanying: buy a put option and short one stock.5.A European call with a strike price of $30 and a six-month expiration date costs $2.The price of the underlying stock is $29, and two and five-month dividends of $0.50 are anticipated.
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when an entrepreneur is considering an opportunity and realizes that there exists a combination of low barriers to entry, few opportunities for differentiation, and a lack of sustainable advantage, this is an example of
An entrepreneur is considering an opportunity and realizes that there exists a combination of low barriers to entry, few opportunities for differentiation, and a lack of sustainable advantage, this is an example of Me-too trap.
A bonus that lets in an enterprise to be greater a hit than its competition over a protracted length of time: Companies now apprehend that proper human sources are as critical as merchandise in constructing a sustainable aggressive advantage. Non-Sustainable. Advantage that your opposition ought to eliminate from you that allows you to shift income of their favor. Promotion. Most possibly to consider one logo earlier than the other (i.e. Sales, contest) Placement.
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jasmine corporation has a sales price of $20, variable costs of $16 per unit, and fixed costs of $22,000. contribution margin is $58,000. how many units did jasmine sell?
Jasmine Corporation's selling price of $20, variable cost per unit of $16, Jasmine sold 14,500 units. Here option D is the correct answer.
The contribution margin per unit is calculated by dividing the selling price of the product by the variable cost of manufacturing. The contribution margin per unit is the amount each sale brings to pay fixed costs. Profit per unit sold is shown if fixed costs are covered.
The selling price per unit is the amount that a customer will pay for a single item. For example, the price a customer pays for one book would be the selling price per unit for a business that makes books.
The margin of contribution per unit = Price per unit of sale - Variable Cost per unit
Contribution margin per unit = $20 - $16
= $4
No. of units = Total contribution margin/contribution margin per unit
= $58,000/$4
= 14,500 units
Complete question:
Jasmine Corp. has a selling price of $20, variable costs of $16 per unit, and fixed costs of $22,000. The contribution margin is $58,000. How many units did Jasmine sell?
A - 13,000
B - 20,500
C - 6,300
D - 14,500
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avalon industries buys equipment for $24,000, expects to use it for ten years, and then sell it for $3,000. using the straight-line method, the company should report annual depreciation for the equipment of:
Avalon Industries buys equipment for $24,000, expects to use it for ten years, and then sells it for $3,000. Using the straight-line method, the company should report annual depreciation for the equipment of $2,100.
Depreciation expense per year = (Cost − Residual value) × (1 ÷ Useful life)
= ($24,000 − $3,000) × 1 / 10
= $2,100
Depreciation is a term used in accounting to explain two related principles: first, the actual decline in an asset's truthful value over time, consisting of the fee of manufacturing facility gauge decreasing annually as it is utilized and deteriorates; second, the accounting statements' allocation of the asset's starting cost to the usage periods (depreciation with the matching principle).
Depreciation is thus the loss in asset value and the process of reallocating, or "writing down," the cost of a tangible asset (such as equipment), over the course of the asset's useful life. For both accounting and tax reasons, businesses depreciate long-term assets. A company's or entity's balance sheet is impacted by the asset's decline in value, and its income statement is impacted by its method of accounting for the asset's depreciation, which has an impact on net income. The cost is typically divided up as depreciation expense among the intervals during which the asset is anticipated to be used.
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A negative balance that remains after total expenses are subtracted from total income.
Deficit is the negative balance that remains after total expenses are subtracted from total income.
What is Deficit ?
A deficit happens in the financial sense when liabilities exceed assets, imports exceed exports, or costs exceed income. A surplus is the opposite of a deficit, which is a deficiency or loss. A government, business, or individual can have a deficit if they spend more money than they make in a specific time frame, often a year.
Running a deficit will decrease any present surplus or increase any existing debt, whether the situation is personal, business, or governmental. Deficits are often thought to be unsustainable in the long run for this reason.
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a large manufacturing company has found that younger employees tend to have fewer medical problems than workers over 40. therefore, management decided to hire only workers under 40 to reduce company health insurance costs. this is illegal under the
To cut business health insurance costs, management decided to hire exclusively people under the age of 40. This is a violation of the Age Discrimination in Employment Act.
A health insurance policy is a contract between a firm and a consumer. In exchange for payment of a monthly premium, the employer offers to pay all or part of the insured person's healthcare costs. The contract is often a one-year arrangement in which the insurer is liable for paying particular expenses linked to illness, injury, pregnancy, or preventative treatment.
A deductible compels the consumer to pay some healthcare costs "out of pocket" up to a specified level before the company's coverage begins. In exchange for a monthly premium payment, health insurance covers the majority of the insured's medical and surgical expenses as well as preventative care costs.
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the support department costs allocated to producing departments are assigned to individual products through the use of a. departmental overhead rates. b. a direct material cost per unit. c. plantwide overhead rates. d. a direct labor rate per hour.
Departmental overhead rates are used to assign the support department expenses that are given to the producing departments for specific goods. The right response in this case is option A.
The cost rate for each department in a factory manufacturing process is known as the departmental overhead rate. When distinct departments carry out certain actions to accomplish the end process, the departmental overhead rate varies at each stage of the manufacturing process.
Divide the indirect expenses by the direct costs, then multiply the result by 100 to get the overhead rate. A 20% overhead rate indicates that 20% of sales are spent on the creation of goods or the provision of services. The efficiency and increased earnings are indicated by a decreased overhead rate.
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copper corporation sold machinery for $47,000 on december 31, 2018. the machinery had been purchased on january 2, 2015, for $60,000 and had an adjusted basis of $41,000 at the date of the sale. for 2018, for purposes of section 1245, what should copper corporation report?
The deal generates a profit of $6,000 as a result. The amount of money you make each year is your ordinary income.
Your regular pay as well as any bonuses, commissions, overtime, or tips collected are all included in your income. Gross annual income and net annual income are two different terms that may be used to describe it.
The total amount of money made throughout a fiscal year is referred to as annual income. Net annual income is the amount left over after all deductions have been made, while gross annual income refers to all profits before any deductions are made. Both individuals and corporations can use this idea while completing their yearly tax returns
A $6,000 ordinary income on average
2019 copper should report a typical year.
earning $ 6000
The machinery cost $ on the initial purchase.
The adjusted basis, which is $, equals the book value.
41.000.00
marketed for $47,000.00
Gain or loss: book value minus selling price.
= $ 47,000- $41,000
= $ 6000
The deal generates a profit of $6,000 as a result.
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mustafa's tax basis in his partnership interest at the beginning of the year was $25,000. if his share of the partnership liabilities increased by $18,500 during the year and his share of partnership income for the year is $12,000, what is his tax basis in his partnership interest at the end of the year?
Mustafa's tax basis in his partnership interest at the beginning of the year was $25,000. $55,500 is his tax basis in partnership interest
Calculating the problem:Initial tax basis = $ 25,000
Increased in debt = $ 18,500
Share of income = $ 12,000
Total tax basis = initial tax + increased debt + income shared
= $25,000+ $18,500+ $ 12,000
= $55,500
What's a Partnership?
A partnership is a form of business where two or further people partake power, as well as the responsibility for negotiating the company and the income or losses the business generates.
Why is a partnership important?Partnerships increase your parcel of knowledge, moxie, and coffers available to make better products and reach a lesser followership. All of these put together along with 360- degree feedback can shoot your business to great heights. The right business partnership will enhance the morality of your establishment.
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which item will the project manager review at the transfer meeting? final schedule risks related to the project deliverables outstanding issues final budget
Final budget will the project manager review at the transfer meeting.
What is a budget?A budget is a plan for financial calculations for a specified time period, usually a month or a year, but not always. A budget may contain information on expected sales and revenue levels, resource quantities such as time, costs, and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities, and cash flows. Budgets are used by businesses, governments, families, and other groups to define strategic plans of activities in quantifiable terms. A budget lists proposed ways to raise the funds needed to cover projected expenditures. A budget might show a surplus of resources for future use or a deficit where spending exceeds income or other available resources.
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