Answer:
sales forecasting
Explanation:
Sales forecasting is a mathematical tool or process to estimate the amount of sales for a product over a given period of time.
Sales forecasts helps companies to make better business decisions so as to analyse the short-term and long-term performance.
The basis for the forecast are generally the past sales data of the product, industry-wide comparisons, and the economic trends for the related products.
Education goal: graduate high school as a junior, career related goal: eventually get a stable job in the medical field, lifestyle related goal be 100% happy with who i am i’m about 80% :)
The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:
Charlie Company Journal entries
May 13
Debit Account receivable $360
(8×$45)
Credit Sales $360
(To record credit sales)
May 13
Debit Cost of goods sold $208
(8×$26)
Credit Merchandise inventory $208
(To record cost of goods sold)
May 16
Debit Sales return and allowances $45
Credit Account receivable $45
(To record goods returned)
May 16
Debit Merchandise inventory $26
Credit Cost of goods sold $26
(To record cost of goods sold returned)
May 23
Debit Cash $302
($315-$13)
Debit Sales discount $13
(4%×$315)
Credit Account receivable $315
($360-$45)
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Answer:
$20 million
Explanation:
The gross domestic product is the total production of final and legal goods and services produced within country during a specific period (usually a year).
All the automobiles produced by Quality Motors were manufactured in the US during 2007, so they should all be accounted for in the GDP of 2007.
GDP = consumption + investment + government + exports - imports
$12 million fall under consumption, $6 million under exports and $2 million under investments