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You are a manager in a fictitious company of your choice. Your director has asked you to explain to the department staff the different types of budgets and techniques in order to provide an overall understanding.
For this assignment, you must develop a 2 to 3-page narrative that you will deliver to the department staff and director explaining the different kinds of budgets. Please select or make up your company and its purpose. You will also recommend which type of budget should be used and which budgeting technique would best fit the company. Using an income of 1 Million per year, you must answer the following questions:
Explain what are the various kinds of budgets? Please explain each.Describe hich type of budget is best for your selected company?Which type of calendar year will you choose and why?
Remember to use the library or other credible resources to support your argument. Be sure to cite your sources using the correct standard of APA.
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You want to bank enough money to pay for 4 years of college at $20,000 per year for your child. The savings account will pay an effective rate of 5% per year.
Explain What action should the company president take and should the order be accepted if the Executive Division plans on selling the desks in the outside market for $420
Surgical Supplies Corp. paid a dividend of $1.12 over the last 12 months. The dividend is expected to grow at a rate of 25% over the next 3 years (supernormal growth). Compute the anticipated value of the dividends for the next 3 years (D1, D2, and..
Service sector using pricing decision and prepare a revenue budget on an accrual basis and including all sources of revenue discussed previously
Steven & Dawn wanted to know how much it would cost to send their daughter Dawson to a private college. They have saved $20,000 to day for the purpose.
what are the reasons for a firm having lower cash from operations than working capital from operations and what are the possible interpretations of these reasons?
Computation of Free cash flow for the company's depreciation expense is $500,000 and it has no amortization expense.
Computation of gain or loss on sale of investments and Journal entries to record purchase & sale of company's Common & Treasury stocks
XYZ Ltd paid= $200,000 for feasibility study on project about a year ago. You are needed to compute: The amount of the loan repayments. The accounting rate of return (gross and net).
What would be the value of this bond if interest rates fall to 5% the day after it is purchased? If interest rates fell to 5% after one year, what would the bond be worth at that point?
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