Answer: 5,040 units
Explanation:
Budgeted purchases are the purchases that the company needs to make in order to be able to sell its budgeted sales for the month and still have the desired ending inventory they want.
Budgeted purchases can be calculated by the formula:
= Budgeted sales + Desired Ending inventory - Opening inventory
= 4,000 + 2,840 - 1,800
= 6,840 - 1,800
= 5,040 units
Answer:
Net cash flows from financing activities $1,311,000.
Explanation:
The computation of the amount that would be reported on the financing activities of the cash flow statement is as follows:
Issue of common stock(22,000 shares × $40) $880,000
Less: payment of dividend ($53,000)
Add: Issue of the long term note payable $484,000
Net cash flows from financing activities $1,311,000.
Answer:
Lump sum= $2,242,403.85
Explanation:
<u>First, we need to calculate the future value of the annual payments using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {165,000*[(1.04^20) - 1]} / 0.04
FV= $4,913,382.97
<u>Now, the lump sum is the present value of the annual payments:</u>
PV= FV / (1 + i)^n
PV= 4,913,382.97 / (1.04^20)
PV= $2,242,403.85
Answer:
The correct answer is A that is relationship selling
Explanation:
Relationship selling is the term which is described as the technique of sales which focuses or involved on the interaction among the salesperson and the buyer instead of the details or the price of the product.
In this case, Tristan who is a salesperson, who is a charge of the textile company and takes the employees of the company out for dinner. He is involved in the relationship selling.
Answer:
the average annual economic growth rate in Taiwan from 1961 to 1981 was 41.42%
Explanation:
Hi, we need to use the following formula.

Where:
FV = GDP in 1981 ($1,000)
PV = GDP in 1961 ($500)
r = growth rate
t = years from 1981 to 1961 (20 years)
So, it should look like this:

Now, we solve for "r"


![\sqrt[20]{2} -1=r](https://tex.z-dn.net/?f=%5Csqrt%5B20%5D%7B2%7D%20-1%3Dr)

So, the growth rate of Taiwan´s GDP is 41.42%
Best of luck.