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marissa [1.9K]
3 years ago
14

Percentage of sales budgeting can also be called _____.

Business
1 answer:
nika2105 [10]3 years ago
7 0

Answer:

promotional budget is set as a percentage of current or anticipated sales

Typical percent of sales is 2%-5%

Explanation:

<h3>so I would have to say arbitrary budgeting </h3>
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When a product or service is delivered for which a customer advance has been previously received, the appropriate journal entry
tester [92]

Answer:

Explanation:

According to my research on different financial terminology, I can say that based on the information provided within the question the appropriate journal entry would include a debit to a liability and a credit to a revenue account. This must be included otherwise the journal entry will state the sale of the product or service as being made twice, which will cause errors in the financial statements.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
Which one of the government actions would most enhance efficiency in a free market, according to most economists? regulating pro
aleksklad [387]

Answer: 1. statement d

2. statement d

Explanation:  This can be explained as follows :-

1.Government intervention should be done on those sectors that results in maximization of wealth. Private sector is the back bone of every  economy's free market, thus, protecting private property is the correct option.

.

2. Issuing patent right to the inventor will result in monopoly by that particular producer and that too of a necessary commodity hence option d is correct.

3 0
3 years ago
The following data was collected from the manufacturing of an auto component. It represents the diameter (in mm) of that compone
andre [41]

Answer:

9.37

Explanation:

The computation of LCL for a control chart is shown below:-

Sample  Obs 1  Obs 2    Obs 3   Obs 4   Mean observation    Range

1                 10      12           12          14              12                         4

2                 12     11            13          16              13                          5

3                 11      13            14           14              13                          3

4                 11       10            7            8               9                          4

5                13     12             14            13             13                         2

For computing the mean observation  and range we will use the below formulas

Mean observation = ( Obs 1 + Obs 2 + Obs 3 + Obs 4) ÷ 4

Range = Highest value - Lowest value

LCL =  \bar{\bar{X}} - A2 \bar{R}

\bar X =  ( 12 + 13 + 13 + 9 + 13 ) ÷ 5

= 12

\bar R =  ( 4 + 5 + 3 + 4 + 2 ) ÷ 5

= 3.6

Since we found the value of A2 with the help of constants table for control charts for a 4 subgroup size.

A2  = 0.729

LCL =  \bar{\bar{X}} - A2 \bar{R}

12 - 0.729 × 3.6

= 9.37

5 0
3 years ago
The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January
postnew [5]
I believe the question you're asking is cut off...
4 0
3 years ago
Which of the following is NOT an example of how a bank can make money?
KiRa [710]

Answer:

I think it's #4 participating in a bank run, because loaning money u give money away but they still have to give that money back by paying the loan little by little.

Explanation:

3 0
3 years ago
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