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Lubov Fominskaja [6]
3 years ago
8

A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit. The management forecasts 15%

growth in sales each month. Total July sales are anticipated to be:
Business
1 answer:
lana66690 [7]3 years ago
6 0

Answer:

Budgeted sales= $86,140

Explanation:

Giving the following information:

A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit.

<u>The budgeted sales are calculated by multiplying the sales in units with the selling price per unit:</u>

Budgeted sales= 7,300*11.8= $86,140

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ziro4ka [17]

Complete Question:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is:

Group of answer choices

A) the safety of the principal invested.

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

C) the yield is always higher than mortgage yields.

D) the yield is always higher than bond yields.

Answer:

B) changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Explanation:

An important basic characteristic of common stocks that makes them a suitable type of investment for the separate account of variable annuities is changes in common stock prices tend to be more closely related to changes in the cost of living than changes in bond prices.

Generally, common stocks are considered by financial experts or broker-dealers to be a suitable type of investment of variable annuities because the prices of common stocks in the market are not fixed and as such they are affected by economical changes such as inflation or recession.

5 0
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Raintree Cosmetic Company sells its products to customers on a credit basis. An adjusting entry for bad debt expense is recorded
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Journal entries

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5 0
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You hurt your back at work by falling of a ladder and are out of work for a month
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Answer:

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For an advertising promotion, an auto dealer hands out 1000 lottery tickets with a prize of a new car worth $25,000. for someone
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equired information [The following information applies to the questions displayed below.] Three different companies each purchas
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Answer:

Check the explanation

Explanation:

the 2018 net income for company A, B and C

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Net income  25150 =40000-14850

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