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otez555 [7]
3 years ago
7

Sales for January are budgeted at 50,000 units, and the company expects sales to increase 4% each month. How many units will nee

d to be purchased in February if the company's policy is to keep ending inventory each month at 10,000 units?
a. 52,000 units
b.54,000 units
c. 62,000 units
d. None of these answers is correct.
Business
1 answer:
Amanda [17]3 years ago
6 0

Answer:

Units will need to be purchased in February are a. 52,000 units

Explanation:

Sales for January are budgeted at 50,000 units, and the company expects sales to increase 4% each month.

Sales of February are budgeted = 50,000 + 50,000 x 4% = 52,000 units

Units will need to be purchased in February = Ending inventory in February + Units Sold of February - Beginning inventory in February.

The company's policy is to keep ending inventory each month at 10,000 units.

Therefore,

Ending inventory in February = Beginning inventory in February = Ending inventory in January = 10,000 units

Units will need to be purchased in February = 10,000 + 52,000 - 10,000 = 52,000 units

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A one-year call option contract on Cheesy Poofs Co. stock sells for $1,330. In one year, the stock will be worth $65 or $86 per
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$98.02

Explanation:

Data provided in the question:

Value of contract = $1,330

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Now,

Current value of stock = (\frac{\text{Maximum value-Minimum value}}{\text{Maximum value-Exercise price}}\times\text{Call price})+(\frac{\text{Maximum value }}{\text{1+Risk-free rate}})

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6 0
3 years ago
Chester's balance sheet has $105,027,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to de
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6 0
2 years ago
A dressmaker can sew 400 garments with 100 bolts of fabric and 1,500 hours of labor. Another dressmaker can sew 400 garments wit
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Answer:

No, because the second method has lower total costs of production.

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In a bid to make profits businesses must always compare different processes and choose the cheapest one.

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For the second dress maker he can sew 400 garments with 150 bolts of fabric and 1,000 hours of identical labour

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