1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
djverab [1.8K]
3 years ago
9

An october sales forecast projects 7,000 units are going to be sold at a price of $11.50 per unit. the desired ending inventory

in units is 15% higher than the beginning inventory of 1,000 units. total october sales are anticipated to be
Business
1 answer:
vlabodo [156]3 years ago
3 0
<span>October sales forecast projects = 7000
Sold price = $11.50
Desired ending inventory in units is 15 % higher tan the beginning inventory of 1000 units
Total October sales = ?
When we calculate the total October sale, it means we have to multiply the total units sold in October with the price per unit
Total October sales = 7000 x 11.50
= $80,500
So, total October sales are anticipated to be $80,500.</span>
You might be interested in
Casey Communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. Thi
SVEN [57.7K]

Answer:

The company's current ratio increased.

Explanation:

What would happen to this company is that the company's current ratio would increase. The current ratio refers to a ratio that measures the company's capacity to fulfill its short-term obligations, usually within a year. Therefore, this can also be considered a liquidity ratio. The way in which it does it is by comparing the company's current assets to its current liabilities. The current ration in this case would increase due to the fact that the company used the money to pay off some of its short-term notes payable.

8 0
3 years ago
Delivery of stock index futures a. is never made. b. requires delivery of 1 share of each stock in the index. c. is made by a ca
jolli1 [7]

Answer: c. is made by a cash settlement based on the index value

Explanation:

Stock index futures are settled by cash sort of like index options.

This means that there is no delivery of the actual underlying asset at the end of the contract.

The cash / profit is determined by the starting and ending prices of the futures contract.

6 0
2 years ago
Your job pays you $1,600 per month.all taxes combined reduce your pay by 25%.your current expenses are $1,200 per month .you wan
Reil [10]
No you can not afford it

1600•0.25= 400
1600-400=1200
1200-1200=0
6 0
2 years ago
An argument that opposes the idea of high executive pay is: ___________
harina [27]

Answer:

D

Explanation:

when pay becomes high with respect to several executives or just one, the resources and expense needed to keep the business growing....will be shortened

3 0
2 years ago
If your investment pays the same amount at the end of each year forever, the cash flow stream is called?
belka [17]
It is called a perpetuity
7 0
1 year ago
Other questions:
  • Miguel is a new salesperson for Imperial Realty. Dissatisfied with the lack of mentoring he has received, he decides to work for
    7·1 answer
  • As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
    8·1 answer
  • Principals that manage an llc owe its members __________.
    11·1 answer
  • ​O'Mally Department Stores is considering two possible expansion plans. One proposal involves opening 5 stores in Indiana at the
    5·1 answer
  • The Absolute Zero Co. just issued a dividend of $3.40 per share on its common stock. The company is expected to maintain a const
    5·1 answer
  • The following selected accounts from the Pina Colada Corp.’s general ledger are presented below for the year ended December 31
    8·1 answer
  • nflation, recession, and high interest rates are economic events that are best characterized as being A.factors associated with
    5·1 answer
  • Jacob wants to invite 20 friends to his birthday, which will cost his parents $250. If he decides to invite 15 friends instead,
    14·1 answer
  • An argument for trade tariffs is that it protects infant industries.
    7·1 answer
  • Which market is most likely to be characterized by oligopolistic competition in the united states?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!