Why might a company invest in another company?a. To earn dividend incomeb. To earn interest revenuec. To ensure a steady supply of raw materials if the company being purchased is a supplierof those raw materialsd. All of the above

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Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.