A production possibilities curve shows:

Production Budget Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600

icang [17]

Answer:

Production budget:

Projected sales= 64,000

Ending inventory= 7,000

Beginning inventory= (2,600)

Total= 68,400 units

Explanation:

Giving the following information:

Pasadena Candle Inc. projected sales of 64,000 candles for January. The estimated January 1 inventory is 2,600 units, and the desired January 31 inventory is 7,000 units.

Production budget= projected sales + ending inventory - beginning inventory

Production budget:

Projected sales= 64,000

Ending inventory= 7,000

Beginning inventory= (2,600)

Total= 68,400 units

3 0

3 years ago

Nancy aspires to be a business development manager. What job requirements does Nancy need to fulfill? To become a business devel

Solnce55 [7]

Answer:

Nancy needs to have a bachelor’s degree or master’s degree in business administration and good communication skills.

Explanation:

The major roles that a business development manager has to perform are:

Interpret the sales lead

maintain good contacts with the clients and provide information to the new clients.

To get a job as a business development manager, a person should have a degree in business management, administration or another degree pf equivalent value.

A person aspiring for this shall have a vast knowledge about business and also should have good communication skills.

5 0

3 years ago

Momentum Rollerblades has three product lineslong dashD, E, and F. The following information is available: D E F Sales revenu

maksim [4K]

Answer:

Increase in Net Operating Income = $3,000

Explanation:

Provided Current Operating income

D = $45,000

E = $15,000

F = ($5,000)

Total operating Income = $55,000

In case product f is dropped then fixed cost of $21,000 will not be incurred.

Total fixed cost of Product F = $23,000

Avoidable fixed cost = $21,000

Fixed cost still to be incurred = $23,000 - $21,000 = $2,000

Net operating Income will arise same for Product D and E, there will be additional fixed cost of $2,000 without product F

Net Operating Income will be

D = $45,000

Add: E = $15,000

Operating Income = $60,000

Less: Fixed Cost = -$2,000

Net Operating Income = $58,000 after dropping product F

Less: Net operating income with product F = $55,000

Increase in Net Operating Income = $3,000

4 0

3 years ago

There are two options for reporting the Operating Section of the statement of cash flows. What are the distinct differences betw

Fantom [35]

Answer:

The statement of cash flows is one of the most important financial statements of a company, since a company might be very profitable but if it doesn't have enough cash to function, then it will go bankrupt. This is normally more important when things are not going well, e.g. Ford didn't go bankrupt during the great recession because it had lots of cash, while GM and Chrysler ran out of cash and had to be bailed out.

Companies can survive without making any profits during many years and still be a success, e.g. Amazon, but no company can survive without cash. In finance and investing, cash is king.

The two ways to calculate cash flows are the direct and indirect method. The direct method is calculating through the differences between cash inflows and outflows. On the other hand, the indirect method starts with net income and is then adjusted for depreciation and amortization, increase in accounts receivables, etc.

Personally, I prefer the indirect method because it is much more simple to prepare and understand. Folks at FASB and IASB prefer the direct method because according to them it provides a clearer picture of the company's cash outflows and inflows. It sounds reasonable until you learn that companies that present the cash flows using the direct method must also present them using the indirect method. Or the companies can simply present the indirect method. So I'm not really sure that their argument is very solid.

4 0

3 years ago

Fowler, Inc., just paid a dividend of $2.55 per share on its stock. The dividends are expected to grow at a constant rate of 3.9

Anna11 [10]

Answer:

Use the Gordon Growth formula for this.

The price of a stock in the current year is:

= (Dividends in current year * (1 + growth rate) ) / (Required return - growth rate)

Current price

= (2.55 * ( 1 + 3.9%) ) / (10.4% - 3.9%)

= $40.76

In 3 years:

= (2.55 * ( 1 + 3.9%)⁴ ) / (10.4% - 3.9%)

= $45.72

In 15 years:

= (2.55 * ( 1 + 3.9%)¹⁶ ) / (10.4% - 3.9%)

= $72.36

8 0

3 years ago