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3 years ago

How would a new business get information to accurately forecast its sales?

Business

1 answer:

Bess [88]3 years ago

5 0

Answer:

A ). Look at competitors' sales and profitability

Explanation:

A new business is a fresh entrant in the market. It does not have records to use in projecting future sales. The company will operate in a competitive industry. To be able to predict its sales, the business will have to rely on data from other firms in the industry.

A study of its competitor's sales and profits will provide the business with a clear picture of what to expect. The new entrant figures should not vary with its competitors with huge differences.

Using guesswork is will probably mislead the directors of the business. Most likely, they will get over-ambitious, which will frustrate them when they begin operations. As they are new, they cannot use the previous year's receipts.

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Which type of monetary policies would the federal reserve most likely use when the economy is struggling?

Alik [6]

Answer: A. Expansionary policies

Explanation:

Just did it for APEX

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3 years ago

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A portfolio's beta is... Group of answer choices the weighted average of the individual stocks' betas, where the weights are det

NeX [460]

Answer:

a. the weighted average of the individual stocks beta, where the weights are determined by the market capitalization of each stock.

Explanation:

A portfolio betas is <u>the weighted average of the individual stocks beta, where the weights are determined by the market capitalization of each stock.</u> A portfolio betas is also known as weighted betas. Beta of the portfolio represent both the betas of the individual assets in the portfolio and their respective market value weights.

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3 years ago

Oliver works at Tate Corp., an apparel manufacturing company. He primarily focuses on the tastes and needs of the firm's custome

Ket [755]

Answer:

B. Is a knowledge worker

Explanation:

Knowledge workers are employees whose main capital is knowledge. They are said to think for a living rather than you see in manual labour. To put in simple words, they are employees whose jobs requires them to think for a living. They usually posses a specialized knowledge, usually in their field of study. They help in developing new strategies and helps come up with new ideas for products and services. In this case, Oliver uses his knowledge to produce eco friendly outfit through cost efficient manufacturing process. He also interacts with customers to get feedbacks about their needs and improvements on the products.

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3 years ago

Daily demand for a certain product is normally distributed with a mean of 138 and a standard deviation of 13. The supplier is re

VMariaS [17]

Answer:

A. Continuous review system

B. Order quantity = 2,049 Books

C. Reorder point=987

Explanation:

a. To manage inventory, the company is using CONTINUOUS REVIEW SYSTEM

b. Calculation to find the order quality

Using this formula

Order quantity = √((2DS)/H)

Let plug in the morning

Order quantity=√ ((2 x 49,404 x 17)/0.40)

Order quantity = 2,049 Books

Calculation for annual demand

Annual demand=138*358 days

Annual demand=49,404

C. Calculation for reorder point

First step is to find the σL

73 % S.L. - z = 0.613

Using this formula to find the σL

σL = (Lσ^2)

Let plug in the formula

σL=√(7(13)^2)

σL= 34.39

Second step is to find the Reorder point using this formula

Reorder point = d bar(L) + zσL

Let plug in the formula

Reorder point = (138)(7) + 0.613(34.39)

Reorder point = 966+21

Reorder point=987

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3 years ago

On March 31, 2018, the Freeman Company leased a machine. The lease agreement requires Freeman to pay 10 annual payments of $6,00

kap26 [50]

Answer:

Correct answer is: Present value of annuity due of $1 at 10% for 10 periods

10 annual payments to be made each of $6000 with the Discount factor of Present value of annuity due of $1 at 10% for 10 periods Freeman will get the initial value (Present value which is to be paid in future)

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3 years ago