Which of the following statements is correct regarding the components of the master budget?

(a) the cost of goods sold budget is used to create the selling and administrative expense budget.
(b) the manufacturing overhead budget is used to create the production budget.
(c) operating budgets are used to create cash budgets.
(d) the cash budget is used to create the capital budget.

True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.

You need $87,000 in 12 years. required: if you can earn .54 percent per month, how much will you have to deposit today?

Sean lives in dallas and runs a business that sells boats. in an average year, he receives $722,000 from selling boats. of this sales revenue, he must pay the manufacturer a wholesale cost of $422,000; he also pays wages and utility bills totaling $268,000. he owns his showroom; if he chooses to rent it out, he will receive $2,000 in rent per year. assume that the value of this showroom does not depreciate over the year. also, if sean does not operate this boat business, he can work as a paralegal, receive an annual salary of $21,000 with no additional monetary costs, and rent out his showroom at the $2,000 per year rate. no other costs are incurred in running this boat business. identify each of sean's costs in the following table as either an implicit cost or an explicit cost of selling boats. implicit costexplicit costthe wages and utility bills that sean pays the rental income sean could receive if he chose to rent out his showroom the salary sean could earn if he worked as a paralegal the wholesale cost for the boats that sean pays the