subject
Business, 30.10.2019 19:31 Marshmallow9174

Timber-on, a furniture-manufacturing company, has a total budget of $3 million for all its expenses in the current year. it has determined from the previous years that it will require about $2.5 million for production and operational purposes. the balance of $0.5 million has been allocated for advertising and promotion. which of the following budgeting approaches is the firm following?

a. objective and task method
b. percentage-of-sales method
c. return on investment method
d. arbitrary allocation method
e. affordable method

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
What is the most important type of decision that the financial manager makes?
Answers: 2
question
Business, 22.06.2019 10:00
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
question
Business, 22.06.2019 19:30
John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.
Answers: 1
question
Business, 22.06.2019 19:50
What is the present value of the following cash flow stream at a rate of 12.0%? years: 0 1 2 3 4| | | | |cfs: $0 $1,500 $3,000 $4,500 $6,000a. $9,699b. $10,210c. $10,747d. $11,284e. $11,849
Answers: 3
You know the right answer?
Timber-on, a furniture-manufacturing company, has a total budget of $3 million for all its expenses...
Questions
question
Social Studies, 26.11.2021 15:00
question
English, 26.11.2021 15:00
question
English, 26.11.2021 15:00
question
English, 26.11.2021 15:10
question
English, 26.11.2021 15:10
question
Chemistry, 26.11.2021 15:10
Questions on the website: 13722367