By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
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What is a sales seminar?
Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.
In conclusion, the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
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Answer:
$831,600
Explanation:
The budget must account for all of the production of the first quarter and 20% of the production of the second quarter, the number of boots considered in the budget is:

Assuming that each boot uses exactly 2kg of raw material and that the company has 19,200 kg on hand, the amount of raw material still required is:

If the cost per kg is $9, then the budgeted materials purchases cost for the first quarter is:

The budgeted materials purchases cost is $831,600.
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Net income = $110,000
Dividends paid = $60,000
Common stock owns = 15%
So, we can calculate the income for particular investment by using following method:
Income to be recognized = Dividends paid × Common stock owned
by putting the value, we get
= $60,000 × 15%
= $60,000 × 0.15
= $9,000
Hence, the income to be recognized on this investment is $9,000.