Answer:
23% (1150:5000)
Explanation:
$1000+$150=$1150, the monthly home owner association fees and home owner payment falls under the house ratio and car payment doesn't include in the house ratiio
$1150:$5000 =0.23 ×100=23%
Answer:
A.$20,200
Explanation:
The computation of the cash amount which is to be reported is shown below:
= August bank statement balance - checks outstanding + deposit outstanding
= $22,400 - $4,500 + $2,300
= $20,200
The other items like NSF check, Note collected by the bank for the Colt Company, and Bank service fees are irrelevant. Hence, these are ignored and not be considered in the computation part
Answer:
<u>18,750 units</u>
Explanation:
A firm has the following forecast information for sales of Product X:
April 15,000 units
May 17,000 units
June 19,000 units
July 18,000 units Product X sells for $3 per unit.
Half of the firm's sales are for cash and the other half is on account.
Credit sales are collected in the following pattern: 60% in the month of sale, 30% in the month following sale, and 5% in the second month following sale (the remainder are uncollectible).
If the firm targets its ending inventories to be 25% of the following month's sales, what are the budgeted purchases (in units) for June
.
Purchases Budget = Required production for sales - opening inventory of raw materials + closing inventory of raw materials = Raw materials required
June's Production Budget
Required production for sales = .............................................19,000 units
less: Beginning inventory (25% of June's sales) =............... 4,750 units
Add: Required Ending Inventory (25% of July's sales) = ...<u>4,500 units</u>
Raw materials required for purchase in June =.................. <u>18,750 units</u>
Answer: • Aggregate demand increased after 2009.
• Aggregate demand increased between 2010 and 2011.
• The economy experienced a sharp drop in growth between 2008 and 2009.
Explanation:
To address overproduction, companies relied on advertising and personal selling. This was the
<h3>What was the Great Depression?</h3>
This was a period in American history just after the World War when there was great economic recession and life was hard for people.
With this in mind, we can see that the sales oriented era had to do with the business style which coincided with the Great Depression as the people made use of advertising and personal selling as a way to increase sales.
Read more about sales oriented era here:
brainly.com/question/7031827
