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8090 [49]
3 years ago
6

Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017.

Business
1 answer:
lyudmila [28]3 years ago
5 0

Answer:

Product JB50= $8,874,800

Product JB60= $5,448,600

Total sales revenue= $14,323,400

Explanation:

Giving the following information:

Product JB 50 Product JB 60

Anticipated volume in units 403,400 201,800

Unit selling price $22 $27

<u>A sales budget reflects the revenues of the company based on the estimated sales volume. It includes sales discounts and allowances.</u>

<u>Sales budget:</u>

Product JB50= 403,400*22= $8,874,800

Product JB60= 201,800*27= $5,448,600

Total sales revenue= $14,323,400

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Adding a new product line to an existing portfolio means that the line has​ __________________. A. increased product support ser
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Answer:

<u>B. extended product line length</u>

Explanation:

  • The product line is a pricing strategy refers to as the pricing line extension and its purpose is to attract new customers, who may or may not be familiar with the current standard product line.
  • Thus It adds a higher quality to the current products, considered as trading and forward stretch. Various features include the price lining, bundle pricing, bait pricing, leader pricing.
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3 years ago
Pick the correct statement from below. Multiple Choice A deferred call provision requires the bond issuer to pay the current mar
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Answer: A deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.

Explanation:

A deferred call provision refers to the provision whereby the calling of a bond before a particular date is prohibited. The bond is known to be call protected during this period.

Therefore, a deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.

6 0
3 years ago
A traditional GAAP income statement does not help managers to predict the financial results of their decisions. Which of the fol
Amiraneli [1.4K]

Answer:

A) The GAAP statement is based on cost function rather than cost behavior.

Explanation:

Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.

While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?

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3 years ago
Poppy is a sales manager for Shimmer Sisters Cosmetics. She told her team she expects each of them to increase their customer in
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Perfomance standard

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4 0
3 years ago
Queen, inc., has a total debt ratio of .32.
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(A) Debt ratio = 0.32

Debt/(debt + equity)= 0.32

Debt = 0.32 *Debt + 0.32 *Equity

0.68* Debt = 0.32* Equity

Debt = 0.32*Equity/0.68 = 0.32/0.68 * Equity

Debt /equity ratio = (0.32/068*Equity)/Equity

Debt/Equity ratio = 0.32/0.68 = 0.47

Debt-equity ratio = 0.47 (Rounded to 2 decimals)

(B) Equity multiplier = 1 + debt -equity = 1+0.47 = 1.47

Equity multiplier = 1.47 (Rounded to 2 decimals)

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