Monday, February 10, 2020

You've set the budget and it's Q1. Now what? | CFO Dive

Monthly forecasting exercises offer CFOs 12 chances to perfect their plan. Here's how to get the most out of them.

The following is a contributed article from Jason Lin​, CFO of Centage Corporation . Opinions expressed are author's own.

It's a new year and a new decade: the perfect time to update the plan you've spent months discussing and creating. No one knows better than you do that the minute the first set of results come in, your plan is out of date and needs revisions.

Publisher: CFO Dive
Date: 2020-02-09
Author: Jason Lin
Twitter: @CFODive
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This may worth something:

Preparing For The End Of The World, On A Budget - capradio.org

Fortitude Ranch is a development for doomsday preppers in a remote quarter of the Colorado Rockies.

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At first glance, this modest home nestled against a hillside in the mountains somewhere west of Colorado Springs appears to have all the amenities you'd expect in a quiet retreat. There's even a two-story tower built right in. An otherwise peaceful place to catch the 360-degree view of winter's splendor.

"[It's a] really nice place to sit and vacation — enjoy. But, if necessary, it's a guard post," Drew Miller pointed out.

Date: 2020-02-10
Author: Dan Boyce
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Trump's Company Charged Secret Service Hefty Rates | The Fiscal Times

The Secret Service paid President Trump's company rates as high as $650 a night for rooms used by agents protecting the president, The Washington Post reports based on documents obtained under the Freedom of Information Act.

"Those charges, compiled here for the first time, show that Trump has an unprecedented — and largely hidden — business relationship with his own government," the Post's David A. Fahrenthold, Jonathan O'Connell, Carol D. Leonnig and Josh Dawsey write. "The records show more than $471,000 in payments from taxpayers to Trump's companies. But — because these records cover only a fraction of Trump's travel during a fraction of his term — the actual total is likely to be higher."

Publisher: The Fiscal Times
Date: The Fiscal Times
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6 Steps to Create a Small Business Budget that Works for You - Business 2 Community

But for many small-time entrepreneurs, making a comprehensive budget can easily fall by the wayside. As of 2018, 61% of small business owners failed to create a formally documented budget. What's more, around 37% of companies with budgets spent more than they budgeted.

This can be a problem given that budgeting can help with long-term financial planning and surprise expenses. If your small business doesn't have a budget, don't fret! It isn't too late to make one. To help you get started, here are six steps to creating a small business budget that works for you.

Publisher: Business 2 Community
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Quite a lot has been going on:

India's 2020 budget: Will it be enough to kick-start the economy? | News | Al Jazeera

Mumbai, India - Waiting outside a popular lunch spot in Mumbai after a Sunday morning game of cricket, textile exporter Rishi Patel has more on his mind than the performance of his team.

"The wholesale market is just flooded right now with Chinese products, while consumption is down at home," Patel, 22, who runs his family's business, told Al Jazeera in the Matunga neighbourhood of India 's financial capital. "We've been laying off some people over the past year."

Author: Tish Sanghera
Twitter: @AJENews
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Ring Energy, Inc.

Ring Energy, Inc. (NYSE American: REI) ("Ring") ("Company") announced the Company's preliminary capital expenditure budget ("CAPEX") for 2020 of approximately $85 - $90 million.

All three of the Company's primary assets, the Northwest Shelf, Central Basin Platform and Delaware Basin, will have extensive infrastructure projects performed, including battery upgrades, saltwater disposal projects, compressor work and miscellaneous electrical projects.

Management estimates that all drill and completion costs, including rod conversions, would be approximately $61 million – all non-drilling expense (including non-operated CAPEX) will be approximately $24 million.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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equity mutual funds: Regardless of Budget changes, dividend plans of equity mutual funds were
Publisher: The Economic Times
Date: 2020-02-10T06:30:00.000Z
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Montage Resources Corporation Announces 2020 Capital Expenditure Budget and Financial and

The Board of Directors has approved an initial capital expenditure budget for 2020 of approximately $190 - $210 million based upon an approximate one rig drilling program, with the wells drilled expected to average approximately 12,000 feet in lateral length.

Net production volumes for 2020 are expected to be between 570 to 590 MMcfe per day with approximately 80% of 2020 production from natural gas and approximately 20% from oil and natural gas liquids.

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Includes lease operating, transportation, gathering and compression, production and ad valorem taxes

Date: 2020-02-04
Twitter: @businesswire
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