Considering the subsequent description given in the question, At the Bourg Company, a primary <u>sales goal</u> is to increase the monthly revenue by 10%.
This is evident in the fact that Bourg considers revenue targets a vital part of the company strategy. Here, the revenue of a company is derived from <u>sales</u>.
Also, given that the targets at the Bourg Company are stated in clear, precise, and measurable terms, and they always specify a time frame for completion, this is an example of a <u>sales goal.</u>
<u>Sales goal</u> is a term used in business management to describe the defined goals for a firm's sales team.
Sales goals could be expressed as increasing revenue by 13% in a year or improving customer retention by 18%.
Hence, in this case, it is concluded that the correct answer is "<u>sales goals."</u>
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Answer:
True
Explanation:
Small Business face different operational and managerial circumstances compared to <em>established</em> business.
Off-the-shelf accounting software may not be consistent with these circumstances rendering it cumbersome or unsuitable.
Thus a customized accounting software is most suitable to meet the needs for small businesses
Sidewinder, Inc., has sales of $686,723, costs of $335,000, depreciation expense of $80,000, interest expense of $45,000, and a
algol13
Answer:
The addition to retained earnings is $95,751.
Explanation:
Addition to the retained earning is the net value of net earning of the year and dividend payment.
Net income
Sales $686,723
Costs (<u>$335,000)</u>
Gross income $351,723
Depreciation Expense <u>($80,000)</u>
Income before interest and tax $271,723
Interest Expense <u>($45,000)</u>
Income before tax $226,723
Tax 22% <u>($49,879)</u>
Net Income <u>$176,844</u>
Addition to Retained Earning = Net Income - Dividend Payment
Addition to Retained Earning = $176,844 - $81,093
Addition to Retained Earning = $95,751
Disruptive innovation are changes in products, services or processes that radically change an industry's rules of the game. By doing this, they are able to create a new market or change the value to an existing market. The disrupt the existing market and value by improving products or services.
