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3 years ago

What is a sales quota

1 answer:

soldier1979 [14.2K]3 years ago

6 0

Answer: A sales quota refers to a time-bound sales target set by management for a particular region, sales team, or individual rep.

Explanation: Sales quotas are often attached to a daily, monthly, or quarterly period. Sales quotas can be measured in a number of different ways, including by profits, sales, or rep activity

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For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will co

FrozenT [24]

Answer:

1. Yes. Cash flows are able to illustrate liquidity.

2. Recommendations

a. Reducing levels of Inventory.

b. Negotiating Longer credit settlement period with suppliers.

Explanation:

One of the uses of a Cash flow Statement is its use in negotiating loans with bank and other lenders. Of interest to these parties is the liquidity of the entity.

Liquidity is the ability of an entity to honor its short-term obligations using its current assets. Liquidity is reflected in the Cash flow from Operating Activities of the Cash flow Statement.

<u>Recommendation</u>

Companies can maintain liquidity through reducing levels of inventory. Inventory ties up cash. Negotiating longer credit settlement period with suppliers can also increase liquidity.

5 0

3 years ago

Which of the following ratios indicates the percentage of each sales dollar that is available to cover fixed costs and to provid

tigry1 [53]

Answer:

The correct answer is the option A: Margin of safety ratio.

Explanation:

To begin with, the name of <em>"Margin of Safety"</em>, in the field of business and accounting, is refered to a ratio whose main purpose is to establish the point in where the company knows that it has to sale obligately due to the fact that at that point the company can be sure that they have covered the fixed costs of it and after that point every sale will became a profit for the company. So that is why that this ratio indicates the percentage of each sales dollar that is available to cover those costs.

8 0

3 years ago

If government outlays in 2011 were $2.2 trillion and government revenues were $3.8 trillion, the federal Group of answer choices

Law Incorporation [45]

The budget surplus is $1.6 trillion.

When a government's revenues exceeds its outlays, the government is said to run a surplus. If government's revenues is less than its outlays, the government is said to have a deficit. If a government runs a deficit, its debt would increase because it would have to borrow to fund the deficit.

Amount of budget surplus = government's revenues - outlays

$3,8 trillion - $2.2 trillion = $1.6 trillion

A similar question was answered here: brainly.com/question/13375339

4 0

3 years ago

The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the fi

Daniel [21]

Answer:

Quick Furniture Company

The Sanding Department

Production Report

For the month of March 2017:

Materials Conversion Total

Manufacturing costs $35,948 $56,240 $92,188

Cost per equivalent unit:

Manufacturing costs $35,948 $56,240

Equivalent units 9,510 7,110

Cost per equivalent unit $3.78 $7.91

Cost assigned to:

Units transferred out $24,608 $51,494 $76,102

Ending Work in Process $11,340 $4,746 16,086

Total costs assigned $35,948 $56,240 $92,188

Explanation:

a) Data and Calculations:

Materials Conversion

Units started 9,510

Units completed 6,510 6,510 6,510

Ending WIP 3,000 3,000 600

Equivalent units 9,510 7,110

Production Cost Report:

Materials Conversion Total

Manufacturing costs $35,948 $56,240 $92,188

Cost per equivalent unit:

Manufacturing costs $35,948 $56,240

Equivalent units 9,510 7,110

Cost per equivalent unit $3.78 $7.91

Cost assigned to:

Units transferred out $24,608 $51,494 $76,102

($3.78 * 6,510) ($7.91 * 6,510)

Ending Work in Process $11,340 $4,746 16,086

($3.78 * 3,000) ($7.91 * 600)

Total costs assigned $35,948 $56,240 $92,188

6 0

3 years ago

Gloria, as the executive assistant to the President of a small company, has a large number of decisions to be made by the end of

makkiz [27]

Answer: Satisficing

Explanation:

Satisficing could be described as a decision making method where a manageable result is chosen rather than the optimal solution. The aim of choosing such is just to go with it for the moment before better options are either tested, affordable or reliable. Some managers consider this method of administration, in order to make decisions on time than having backlog of works which might time to get a proper or perfect conclusion.

Satisficing is a decision-making strategy that aims for a satisfactory or adequate result, rather than the optimal solution.

6 0

3 years ago