Sirignano Corporation produces and sells one product. The budgeted selling price per unit is $84. Budgeted unit sales for Octobe
r, November, December, and January are 8,400, 12,000, 13,800, and 14,300 units, respectively. All sales are on credit with 40% collected in the month of the sale and 60% in the following month. The expected cash collections for November is closest to:
Based on the information provided within the question it can be said that in this scenario AI Rubber would be considered a cash cow. This term refers to a business and/or product that generates a steady revenue or profit for the owning company or individual. Since AI Rubber has a 45% market share we can say that they are the cash cow of the corporation.
If you had a short name with no meaning, it would probably confuse people. If you have a name that is a longer name, and which is related to the company, it would help out a lot. Try to think about a name that is short and meaningful!