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1 year ago

In the financial projections section, the sba recommends this for the projections for the first year:______

1 answer:

4 0

In the financial projections section, the SBA recommends this for the projections for the first year quarterly or monthly projections.

<h3>Financial Projections</h3>

One of the most crucial things you can do for your business each year is to plan out and work on your company's financial projections. The process itself frequently has more significance than the outcomes, or formal projections. At a minimum, strategic planning enables you to "come up for air" from the day-to-day challenges of managing the business, assess its current state, and chart a clear way forward.

Regular planning also assists your business in adjusting to change on both an internal and external level. You are better equipped to identify issues and possibilities by routinely reevaluating your company's capabilities, markets, and competition.

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Paige Company estimates that unit sales will be 10,300 in quarter 1, 12,600 in quarter 2, 14,600 in quarter 3, and 18,800 in qua

Dennis_Churaev [7]

Answer:

Quarter 1:

Sales= $865,200

Q2:

Sales= $1,058,400

Q3:

Sales= $1,226,400

Q4:

Sales= $1,579,200

Explanation:

Giving the following information:

Paige Company estimates that unit sales will be 10,300 in quarter 1, 12,600 in quarter 2, 14,600 in quarter 3, and 18,800 in quarter 4.

Selling price= $84 per unit.

A sales budget consists of the budgeted sales in units multiplied by the selling price per unit.

Quarter 1:

Sales= 10,300*84= $865,200

Q2:

Sales= 12,600*84= $1,058,400

Q3:

Sales= 14,600*84= $1,226,400

Q4:

Sales= 18,800*84= $1,579,200

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4 years ago

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1. Does the selected business have differentiated products or services? If so, what is the basis for this differentiation from t

Brut [27]

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The basis for differentiation is to look for that quality that the competition does not have and that adds value to what we are doing.

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3 years ago

Do the results of the experiment support the camouflage hypothesis? do the results of the experiment support the camouflage hypo

Bond [772]

I guess the last option is the best answer.

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4 years ago

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

algol [13]

Answer:

option (b) $69,768

Explanation:

Data provided in question:

Estimated manufacturing overhead = $73,440

Estimated machine-hours = 1,800

Actual manufacturing overhead = $68,700

Actual machine-hours = 1,710

now,

The predetermined overhead rate = $\frac{\textup{Estimated manufacturing overhead}}{\textup{Estimated machine-hours}}$

The predetermined overhead rate = $\frac{\textup{73,440}}{\textup{1,800}}$

The predetermined overhead rate = $40.8 per hour

Therefore,

The applied manufacturing overhead for the year

= Actual machine-hours × predetermined overhead rate

= 1,710 × $40.8

= $69,768

Hence,

the correct answer is option (b) $69,768

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4 years ago

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3 years ago

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