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salantis [7]
3 years ago
11

Bison Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen

t quarterly sales forecast:
Expected Sales End-of-Month Target Inventory
  July 1,930 units       340 units      
  August 2,080 units       430 units      
  September 2,010 units       400 units  


On the basis of the information presented, how many bicycles should the company purchase in August?

a. 1,980.
b. 2,080.
c. 2,170.
d. 2,510.
e.Some other amount.
Business
1 answer:
Ira Lisetskai [31]3 years ago
6 0

Answer:

C) 2,170

Explanation:

Purchase in August  = Expected Sales in August + Target Inventory at end of August - Inventory at the end of July

= 2,080 units + 430 units – 340 units = 2,170 units

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Answer:

Dollar profit loss = $3

Holding period return = negative 9%

Explanation:

In order to find the dollar profit or loss return we will add the dividend and selling price because that the dividend plus the selling price is the cash that Travis receives or the positive cash and we will subtract the buying price from it because it is the negative cash flow. So we will add all the positive cash flows and subtract negative cash flow from it in order to find the dollar profit loss or return.

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The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more
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Answer:

4.28 grams

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