Throughout your life, you will need to adapt your budget to respond to changes in your income and expenses. Now, it is time to practice making changes to a budget. 4. Change your previous budget to reflect these new factors. (10 points) • Your school announced that you will not have to pay for a bus pass to get to classes, because a new school program will cover this expense for all students. • You just found out that your books will cost more than you had expected. You will now need to spend an additional $100 on books in October. • You got an unexpected raise at work; you will now be making $650 each month. • Make sure that you are still meeting your overall goal of saving $100 by the end of October.

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex. causally ambiguous. path dependent. the result of unique historical conditions.

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest. extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered