Answer:
The Total Budgeted Sales of May is $944,000
Explanation:
Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.
As per given data
In May
Budgeted sales Volume = 3,200 cookwares
Budgeted price per unit = $295
Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000
Cash Sales = $944,000 x 25% = $236,000
Credit Sales = $944,000 x 75% = $708,000
Answer: C. AA-rated short-term bonds
Explanation:
It was stated that the client has a low risk tolerance. Therefore, to reduce the credit risk, investment grade bonds are appropriate (BBB or higher). To reduce the interest rate risk, short-term maturities will be preferable to long-term maturities. Both of these factors will result in a safer bond investment.
Answer:
SEQUENTIAL INTERVIEW
Explanation:
A serial or sequential interview comprises of many successive interviews. This kind of scenario of interviewing can be exhausting and tedious. Even if you interview various people, the same answers may be asked again and again. Regardless of how many times you have had to repeat yourself, for each session you need to generate compelling passion.
<u>Answer:</u>0.775 times
<u>Explanation:</u>
Given
Gross sales 100000
Sales returns 5000
Sales discounts 2000
Tangible assets 25000
Average total assets 120000
Calculation of assets turn over ratio
Assets turnover ratio = Net sales / Average total assets
=(100000-5000-2000)/120000
=0.775 times
Assets turnover ratio is 0.775 times
Gross sales is the sales made by the company but net sales is where the actual value of sales has happened after the rebates, allowances and discounts. Assets turn over ratio is used to measure the company's abilities to utilize its assets efficiently in generating sales income to the company.
Answer:
d. Total assets of the current year.
Explanation:
All accounts of the current year regardless of their nature, what I mean with this is that any account could add or subtract, all that kind of operations at the end give you the total result of the current year, and every account of the respective year could be expressed as a percentage of the total assets of the respective year, for example:
Total assets year A $1000 Total assets year A 100%
cash year A $200 cash year A 20%
equipment year A $600 equipment year A 60%
buildings year A $200 buildings year A 20%
Every account correspond to the same year of the calculation.
