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quester [9]
4 years ago
12

Flack Corporation, a merchandiser, provides the following information for its December budgeting process: The November 30 invent

ory was 1,860 units. Budgeted sales for December are 4,650 units. Desired December 31 inventory is 3,255 units. Budgeted purchases are:______-
Business
1 answer:
Vikki [24]4 years ago
8 0

Answer:

Purchases= 6,045 units

Explanation:

Giving the following information:

The November 30 inventory was 1,860 units. Budgeted sales for December are 4,650 units. Desired December 31 inventory is 3,255 units

The purchases required are calculated using the following formula:

Purchases= sales + desired ending inventory - beginning inventory

Purchases= 4,650 + 3,255 - 1,860

Purchases= 6,045 units

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A traditional cover letter's format includes an introduction, a<br> and a<br> paragraph.
sweet-ann [11.9K]
<h2>The given statement is partially true.</h2>

Explanation:

A traditional cover letter consists of introduction, paragraph and it includes header, argument and closing.

Header:

  • Your name, address, phone number and date
  • The person addressed, contact details

Introduction:

  • Salutation
  • Introducing the communication
  • writing about goals

Argument:

  • Convincing and reinforcing the point
  • Quote the importance
  • Provide facts (if any)

Closure:

  • Inform about the follow ups
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8 0
4 years ago
Which characteristics describe customers who are more likely to have high assets and medium-low debt?
Zielflug [23.3K]

Customers with credit cards with no balance are more likely to have high assets and medium-low debt.

<h3>What do you mean by Credit card?</h3>

A credit card is a small rectangular or metal piece of paper issued by a bank or financial services company, which allows cardholders to borrow money to pay for goods and services from merchants who accept cards to pay.

Customers who are more likely to have medium and low credit often use credit cards, but do not leave a balance. They also have a savings account and a retirement account.

Thus, Customers with have credit cards with no balance are more likely to have high assets and medium-low debt.

To learn more about credit card refer:

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7 0
3 years ago
If long-run average total cost decreases as output increases, this is due to:
loris [4]
The economics scale                    
6 0
3 years ago
Kangaroo Autos is offering free credit on a new $10,000 car. You pay $1,000 down and then $300 a month for the next 30 months. T
babunello [35]

Answer:

8,938.0168 present value of the car in Kangaroo Autos.

Explanation:

We will calculate present value of annuity of $300 per month during 30 months at 0.83% discount rate:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C $  300

time       30 months

rate         0.0083 per month

300 \times \frac{1-(1+0.0083)^{-30} }{0.0083} = PV\\

PV $7,938.0168

We will add the 1,000 down payment

7,938.0168 + 1,000 = 8,938.0168 present value of the car in Kangaroo Autos.

4 0
4 years ago
Read 2 more answers
To prepare for a trial between SmartPhones, Inc., and TechApps Company, TechApps' attorney places SmartPhones' chief executive o
katrin [286]

Answer:

A deposition

Explanation:

Deposition is the term under the law of the US (United States), which is defined as it involve the taking of sworn, oral testimony in the out of court, to witness that it might reduce to a transcript which is written for the later use in the court or for the motive or the purpose of the discovery.

Therefore, a deposition is required to prepare for the trial among the companies so that the court official make a record of the questions of the attorney and the answers of the CEO.

5 0
3 years ago
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