Answer:
Units will need to be purchased in February are a. 52,000 units
Explanation:
Sales for January are budgeted at 50,000 units, and the company expects sales to increase 4% each month.
Sales of February are budgeted = 50,000 + 50,000 x 4% = 52,000 units
Units will need to be purchased in February = Ending inventory in February + Units Sold of February - Beginning inventory in February.
The company's policy is to keep ending inventory each month at 10,000 units.
Therefore,
Ending inventory in February = Beginning inventory in February = Ending inventory in January = 10,000 units
Units will need to be purchased in February = 10,000 + 52,000 - 10,000 = 52,000 units
Answer: Target Marketing
Explanation: In Target Marketing, a company focuses its attention on a particular group of people because it feels the needs of this group of people would be best met by a particular product or service it offers.
The company first breaks the market into segments, as can be seen in the question above, where Cool People has broken the market into segments and has chosen to focus on African-American teenage girls.
Answer: The lender
Explanation: Foreclosure proceeding involves the steps a lender takes in the process of seizing or selling a property in a bid to recover the payment or amount owed by a loan defaulter. The foreclosure proceeding involves different processes and will only begin when the mortgage is delinquent. Delinquency due to failure to make an agreed payment on a mortgage. This period is usually determined by the lender and the foreclosure proceeding will begin if the payment is not made before the period.
Answer:
The accounts receivable turnover is computed by dividing <u>net sales by average net receivables.</u>
Explanation:
The accounts receivable turnover is used to quantify a company's effectiveness in collecting its receivables from its clients.
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and a low receivables turnover ratio might be due to a company having a poor collection process.
