Bahwan Automobiles is offering free credit of OMR25000 on a new corolla car. You pay OMR3000 down and then OMR500 a month for the next 25 months. OTE Motors in Sur does not offer free credit but will give you OMR3,000 off the list price. If the rate of interest is .5 % a month, which company is offering the better deal

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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.