Discussion Board #5: Constructing and Evaluating Budgets
Please refer to the syllabus for discussion board grading criteria! Be sure to post One original post and reply to Two other students.
- Explain the goals of budgeting and steps required to build a budget.
- Explain how a contribution margin and break-even analysis are calculated. What are those important?
- What is financial benchmarking?
- Explain why the value of monies received in the future is lower than the value of the same money today.