4) Create a budget on a spreadsheet supposing you earn $45,000 a year
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A4)
Create a budget on a spreadsheet supposing you earn $45,000 a year
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- Based on the information below, create a monthly budget. Once the budget is established, estimate how much you would be able to save monthly. Identify three money wasters that you might keep you from sticking to your budget. What would the impact of those money wasters be on your ability to save? Budget Scenario You have recently graduated with a degree in marketing and started a job that pays $50,000 per year. Your monthly net income is $3,000. You have decided to move into a one-bedroom apartment in Saint Paul. Since you work within walking distance, you won’t need to own a car. You don’t want to be lonely in your new place, so you decided to adopt a pet. You let your friends talk you into joining the YMCA since it is now close to your new place. You have one credit card for emergencies, but you did use it to buy some new furniture for your apartment. You need to create a budget that you can stick to, because you are saving your money to take a trip to Europe in three years.…Creat an initial budget sheet showing the sistribution of $100,000 use the example's format on EXCEL.You have been awarded a project to start in the next six months. One of your tasks is to determine a budget based on the scope of works provided. State four (4) benefits of Budgeting to Management?
- 1. What do you understand by a project budget? Please outline the steps needed to prepare a project budget and indicate the types of costs associated with budgets. 2. Prepare a multi-year budget for a project for a period of 3 years (2020-2022) in an Excel worksheet incorporating the following information. Please upload your excel document. 3. Please prepare a consolidated budget pivot table in Excel by budget class and year. Please upload your excel document. Budget Class – Staff Costs • Salary of the Project Manager @ USD 5,000 per month. • Salary of the Admin Finance Officer @ USD 3,500 per month. • Salary of Admin. & Finance Assistant @USD 1,000 per month • Salary of Driver @USD 500 per month Budget Class – Equipment & Furniture Cost of the office equipment and furniture required for the project is USD 30,000 for three years to be procured during the 1st year of the project. Budget Class – Operating Costs (training) Two trainers are required for each training. Each…A company has completed the operating budget and the cash budget. It is now preparing the budgeted balance sheet. Please use the below image as your guide for the next 5 questions. Identify the document that contains cash balance.* A B C D E3. Using the format demonstrated in your textbook - Prepare the following budgets (be sure to show/demonstrate ALL calculations - include quarterly AND yearly totals) in excel or google drive: a. production budget b. direct materials budget c. direct labor budget d. manufacturing overhead budget e. selling and administrative budget
- Prepare a 2019 revenue budget, with necessary supporting worksheets. Using Excel would be ideal for this, and I attached two screenshots of all the information needed. Please help that would be so great!A. Prepare Cash Budget for the period of 6 months from July to December 2020. B. Explain the advantages and disadvantages of cash budgeting.Of all the money jars, which need to receive 50% of your income?A. NecessityB. GiveC. Long-term Spending SavingsD.
- Provided that you have received start-up funding of $250 000.00 for any business of your choice, prepare a forecast where costs associated with required business resources are outline and create a budget for the first two months of the business. Calculate the break-even point.I have a finance team at work. As the year progresses, they need to maintain a record of cash flow and expenditure. What will they be required to do as a first step to building a budget? Question 1Select one: A. Find out the balance sheet of the company B. Find the profit and loss for the previous year C. Identify the expenditure and demand along with the cash flow of the company D. Build an income and expenditure statement IncorrectI'm working on a budgeted income statement. How do I find the income tax? And what do I do with Estimated Tax Rate:30%?