1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mixer [17]
3 years ago
5

A July sales forecast projects that 6,500 units are going to be sold at a price of $11.00 per unit. Management forecasts 15% gro

wth in sales each month. Total July sales are anticipated to be: Multiple Choice
a. $76,950.

b. $71,250.

c. $68,400.

d. $67,500.

e. $74,100.
Business
1 answer:
True [87]3 years ago
4 0

Answer:

$82,225

Explanation:

The computation of the anticipated July sales is shown below:

= Number of units sold × selling price per unit + Growth Percentage given  × Sales revenue

= 6,500 units × $11 + 6,500 × $11 × 15%

= $71,500 + $10,725

= $82,225

This is the answer but the same is not provided in the given options

Simply first we find out the sales revenue and then added it with the growth percentage which is given in the question

You might be interested in
If the paper reports a particular corporate bond price as 79.5, the price an investor would have to pay is ________.
mylen [45]
The answer is an investor would have to pay is $795. A bond quote is the last price at which a bond traded, expressed as a percentage of par value and transformed to a point scale. Par value is generally set at 100, signifying 100% of a bond's face value of $1,000 meaning the price of the bond is quoted as a percentage of $1000. In this case, the price is 79.5% of $1,000 or $795. This would be considered as a discounted bond. 
6 0
3 years ago
In business terms, the word finance is equivalent to the word_____.
erik [133]

Answer is D: Loan

When we talk about financing something we are talking about taking out a loan to purchase the product.

For example, if we say we are looking to finance the purchase of a home, we are talking about taking out a loan to purchase our home

8 0
3 years ago
Read 2 more answers
Vaughn Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1,
Gelneren [198K]

Answer:

$1.2

Explanation:

Predetermined overhead rate is the rate that is used to apply estimated overhead to job orders or products.

The predetermined overhead rate for 2020 is calculated as ;

= Estimated total manufacturing overhead costs / Estimated Direct labor cost

= $882,000 / $735,000

= $1.2

Therefore, the predetermined overhead rate for 2020 is $1.2

4 0
3 years ago
Christina's bank allows her employer to directly deposit her paycheck into her personal bank account. this service provided by c
11111nata11111 [884]

The service provided by Christina’s bank is called federal deposit insurance corporation service. Thus the second option is correct.

<h3>What is federal deposit Insurance Corporation?</h3>

The Federal Deposit Insurance Corporation is agencies which provides the services of the supply deposit insurance to depositors in American depository institutions and also provides the credit services which regulates and insures credit unions.

In the above scenario, Christina directly deposits her paycheck in the bank in her personal account. Thus the bank provides the services of Federal Deposit Insurance Corporation services to deposit her savings into the bank.

Learn more about federal deposit Insurance here:

brainly.com/question/827771

#SPJ1

8 0
2 years ago
When performing a consolidation, if the balance sheet does not balance?the debit and credit totals of the adjusting/eliminating
amid [387]

Answer:

it is frequently because of the non controlling interest, as these amounts do not appear on the separate companies' general ledgers.

Explanation:

Under consolidation where the investment in a company is not 100% and the investment is in between 50 - 100% then there is a minority interest calculated.

This is shown as a part of liability in the balance sheet.

Minority interest reflects the balance of non controlling interest in the company, and that it is a complete balance sheet part and is not stated in the  income statement of the company.

As this is not a part of general accounting transaction it is not reflected in general ledger, and thus, it is the figure that is generally not stated in the consolidated balance sheet, which leads to mismatch the balance sheet.

6 0
4 years ago
Other questions:
  • According to noted economist Thomas Piketty rev: 10_02_2018_QC_CS-138299 Multiple Choice top executives are entitled to any leve
    10·1 answer
  • Wallace Company provides the following data for next year: Month Budgeted Sales January $120,000 February 108,000 March 132,000
    9·1 answer
  • A manager who has the abilities to relate to people, understand their needs, and show compassion has ____ skills.
    10·2 answers
  • Economists often are interested in percentage change from one period to the next. The percentage rate of change of gross domesti
    7·1 answer
  • Check Your Understanding 5.042 An inventor claims to have developed an engine that does not use fuel but operates as a power cyc
    12·1 answer
  • A series of five payments in constant dollars, beginning with $6,000 at the end of the first year, are increasing at the rate of
    12·1 answer
  • Suppose that the global crude oil price has risen due to refinery breakdowns caused by middle-east politics and warfare. Crude o
    12·1 answer
  • Explain environmental and organizational factors affecting HR forecasting.
    12·1 answer
  • ________ for forecasting relies on the assumption that underlying relationships in the past will continue into the future, resul
    13·1 answer
  • Parsa’s organics currently has $56 in debt for every $100 in equity. If the company were to use some of its cash to decrease its
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!