Answer:
$7,250,500
Explanation:
Given that 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale, it means that cash collection for third quarter per budget will comprise;
- 40% sales for the 3rd quarter
- 70% of 60% sales in the 3rd quarter and
- 30% of 60% sales in the 2nd quarter
Furthermore, if estimated sales for first quarter is 270000 units and sales will increase by 11000 units each quarter over the year then,
2nd quarter sales
= 270,000 + 11,000
= 281,000 units
3rd quarter sales
= 281,000 + 11,000
= 292,000 units
and Each unit sells for $25
Hence , Cash collections for the third quarter are budgeted
= $25 * 40% * 292,000 + $25 * 70% * 60% * 292,000 + $25 * 30% * 60% * 281000
= $2,920,000 + $3,066,000 + $1,264,500
= $7,250,500
Answer:
b. Fair Pricing
Explanation:
Fair Pricing is the degree to which both businesses and customers believe that the pricing is reasonable. It is necessarily not the lowest price but both seller and buyers are very much satisfied with it because buyers are willing to pay that price and it is quite affordable and at the same time, firms are also very much contended with this price because they can make good reasonable profits at this price as well, therefore, it is a win-win station for both customers and organizations.
Answer:
The United States has consistently run a trade deficit for the past forty years and the trade deficit fall is explained below in details.
Explanation:
The United States commerce deficit fell for the initial time in six ages in 2019 as President Donald Trump pounded China with import expenses. The Commerce Department said Monday that the hole among what the United States trades and what it purchases abroad dropped 1.8% last year to $626.9 billion.
Answer:
The present value = $3,602.30
Explanation:
To calculate this, we will use the formula for calculating the future value for an amount invested, compounded semiannually at a certain interest rate. This is done as follows:
where:
FV = Future value = $4,500
PV = Present value = ??
r = interest rate = 4.5% = 4.5/100 = 0.045
n = number of compunding period per year = semiannually = 2
t = time = 5
Therefore, the present value = $3,602.30
The hat trick manufacurting is based on the knowledge from the brain hope that helps