Sales forecasts <u>help auditors understand </u><u>management's strategy</u>
<u>can be used in valuing </u><u>inventory</u>
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What are sales forecasts?
A sales forecast is an indication of predicted sales revenue. What your business expects to sell during a specific time period is estimated by a sales forecast (like a quarter or year). The most accurate sales projections do this. By providing knowledge of the probable behavior of your most valued clients, sales forecasting aids in achieving this revenue efficiency. In addition to enhancing pricing, advertising, and product development, you may forecast future sales. The ability of your business to predict future revenues across particular time periods in order to better manage resources is one of the benefits of sales forecasting.
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Answer:
25%
Explanation:
Given:
Seth has a monthly income of $2,500
He has a $400 car payment
He owes $225 on electronic equipment.
Question asked:
What is the percentage of Seth's income he is paying out in debt payments?
Solution:
He has a car payment = $400
He owes on electronic equipment = $225
<em>These two items are treated as debt for Seth as these items are used first then pay for it.</em>
Total debt = $400 + $225
Total debt = $625
Now, we will find percentage of Seth's income he is paying out in debt payments,


Therefore, 25% of Seth's income he is paying out in debt payments.
Answer:
PV= $30,111.98
Explanation:
Giving the following information:
Future value= $60,000
Number of periods= 8
Interest rate= 9%
<u>To calculate the initial investment, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>Isolating PV:</u>
PV= FV/(1+i)^n
PV= 60,000 / 1.09^8
PV= 30,111.98
Answer:
A). Annabelle and Bettina will learn from each other .
B). The roommates will come up with a creative solution."
Explanation:
Anabelle and Bettina are involved in a 'cognitive' conflict as it occurs when they both experience a mental as well as emotional discomfort when they are confronted with the information that challenges their existing ideas or beliefs. The most likely outcomes of this situation would be that they <u>'both would learn from each other' by accepting each other's point of view and adapting with the new information that would help them 'reach a creative solution' to resolve their conflict over the cleaning of their room</u>. Therefore, <u>options A and B</u> are the correct answers.
Answer:
Explanation:
Operating Investing Financing Cycle
3751 (2404) 1381 Growth
1102 2054 (759) Maturity
20 (480) 926 Growth
(2580) (4200) 7508 Introduction
(409) 5581 (2356) Declining
2281 (3451) 1957 Growth
6385 3272 (1958) Maturity
(365) (1678) (3478) Declining
In the introduction phase , cash flow from the operating and investing activities are negative as the company generate cash for investment through financing activities for operation
In the growth phase , the activities begin to pay off gradually while investing is still on simultaneously as operating activities generate a positive cash flow , investing negative and finance positive
In the maturity phase , company start to pay offset debt and buy back the stock as the business appears stable. Operating and financing activities generate a positive cash flow and financing negative.
In declining stage ,sales begin to fall and operating activities nosedive , investing may be positive as assets are being sold off and financing activities negative.