Ptown promotions has three divisions. as part of the planning process, the cfo requested that each division submit its capital budgeting proposals for next year. these proposals represent positive net present value projects that fall within the long-range plans of the firm. the requests from the divisions are $4.2 million, $3.1 million, and $6.8 million. for the firm as a whole, management has limited spending to $10 million for new projects next year even though the firm could afford additional investments. this is an example of: a. scenario analysis. b. sensitivity analysis. c. an operating leverage application. d. soft rationing. e.hard rationing.

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.