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Business, 29.10.2020 17:50 Aydenj9613
The finance team of an automobile company is drafting budget for succeeding year. Arrange the steps in preparing a budget.
team computes annual expenses such as electricity bills, wages and taxes.
all departments submit yearly estimated expenses.
team prioritizes purchase of new machinery for improved production.
team dedicates some funds for emergency. submits report of estimated income and expense data.
estimates fund needed for yearly bonus and employee training.
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Business, 22.06.2019 14:50
Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of
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The finance team of an automobile company is drafting budget for succeeding year. Arrange the steps...
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