A Rate for Return is a net gain or loss of an investment over a specified time period, expressed as a percentage of the investments initial cost, when calculating the rate and return you are determining the percentage chage from beginning of the period until the end.
Answer:
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Which type of budget indicates more expenses than income?
O O O O
a deficit budget
a balanced budget
a debt budget
an equity budget
Answer:
a deficit budget
Explanation:
A budget is a plan detailing how an individual, a firm, or a government will spend its anticipated revenue. In short, a budget is a plan of expenditure. Budgets are usually prepared at the beginning of a period to guide the use of available resources.
An ideal situation is when the planned expenditure equal to the expected income. Such a plan is called a balanced budget. However, in some circumstances, the planned expenditure exceeds the projected income. That budget is a deficit budget.