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3 years ago

The forecasting approach that involves various procedures where salespeople provide forecasts for their assigned accounts is the

Business

1 answer:

lisov135 [29]3 years ago

4 0

Answer:

Salesforce composite method.

Explanation:

Salesforce composite method is a bottom up sales forcasting approach, wherein salesperson forcast their indivdual sales in the respective territories in a particular period of time. The company collect and consolidate the sales data from their salespeople of all the regions and states, therefore based on the data provided the company develop its sales target for a period of time. It is most accurate measure of forecasting sales for a company.

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Mini Corporation factored, with recourse, $600,000 of accounts receivable with Huskie Financing. The agreement met all three con

tatiyna

Answer:

Assets:

Cash (600,000x92%) I552000

Due from factor I18000

Accounts receivable D600000

Liabilities:

Recourse obligation I14400

Equity:

Loss on sale of receivable D44400

Explanation:

First, we have to calculate Loss on Sale of Receivable

Accounts receivable factored 600,000

Finance charge (8% -3%) 5%

Finance charge on receivables (600,000 x 5%) 30,000

Hold back (%) 3%

Due from factor (600,000 x 3%) 18,000

Recourse obligation (600,000 x 2.4%) 14,400

Loss on Sale of Receivable (30,000 + 14,400) 44,400

Now, we show the effect of factoring:

-------------------------------------------------------------------------------------------------------------------------------------------------------

Assets Liabilities Equity

--------------------------------------------------------------------------------------------------------------------------------------------------------

Cash (600,000x92%) I552000 Recourse obligation I14400 Loss on sale of receivable D44400

Due from factor I18000

Accounts receivable D600000

Hope this helps!

6 0

3 years ago

You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% p

Nina [5.8K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year.

The number of years is 45.

We need to use the following formula for future value:

FV= PV*(1+i)^n

FV= 70,000*(1.08)^45= $2,234,431.46

6 0

3 years ago

Ramkissoon Midwifery's cost formula for its wages and salaries is $2,060 per month plus $442 per birth. For the month of July, t

iragen [17]

Answer:

Spending variance will be equal to -729

Explanation:

We have given wages and salary is $2060 per month plus $442 per birth

We have given total number of birth = 117

So standard cost = $2060+117×$442 = $53774

Actual wages and salary for the month is = $54500

We have to find the spending variance

Spending variance is given by

Spending variance = Standard cost - actual cost = $53774 - $54500 = -729

So spending variance will be equal to -729

6 0

3 years ago

Your client has a documentary film coming out next month. They have three separate 30-second promo videos and want to identify w

dybincka [34]

To prioritize showing that ad, the type of video creative optimization to use would be dynamic creative optimization

<h3>What is Video Creative Optimization?</h3>

This refers to the use of visual effects to make a media file or video come out better by making some changes to it.

Hence, we can see that based on the fact that there are different 30-second videos and get feedback from customers, the use of dynamic creative optimization would be encouraged so that each ad would be prioritized.

Read more about video optimization here:

brainly.com/question/14276284

#SPJ1

6 0

2 years ago

An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of

PtichkaEL [24]

Answer:

Explanation:

Satisficing is searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

Managers tend to satisfice rather than optimize in considering and selecting alternatives.

Characteristics:

-accept good enough

-do not obsess over other opinions

-can move on after deciding

-happier with outcomes

4 0

3 years ago