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Serga [27]
3 years ago
6

Assume that effective forecasting requires a combination of technique, system support, and administration.

Business
1 answer:
Sidana [21]3 years ago
6 0

Answer:

Explanation:  

The initiatives that must be taken into account to make an effective and accurate forecast are the following:

1. To have information about all the sales that have been made in the company. With this data you can analyze how often a certain product moves.

2. An updated inventory must be available, since it will be ready to work.

3. The order in which the products are arriving, is another aspect to take into account, since they can be used to replenish the stock.

4. To Keep the merchandise on time. It is useful for calculating the forecast.

5. To generate the forecasts, a forecast of the sales area in the commercial area must be maintained and allows the customer to maintain first-line contact.

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On July 1, Hartford Construction purchases a bulldozer for $228,000. The equipment has a 9-year life with a residual value of $1
UkoKoshka [18]

Answer:

a. Depreciation expense per hour:

= (Cost - salvage value) / Expected operating hours

= (228,000 - 16,000) / 26,500

= $8 per hour

b. First year depreciation:                                      Second year depreciation:

= 1,250 * 8                                                                  = 2,755 * 8

= $10,000                                                                   = $22,040

Third year depreciation:

= 1,225 * 8

= $9,800

Journal entries

Date                    Account Title                                    Debit                 Credit

June 30, Year 1 Depreciation                                     $10,000

                          Accumulated Depreciation                                       $10,000

Date                       Account Title                                   Debit                 Credit

June 30, Year 2     Depreciation                                 $22,040

                              Accumulated Depreciation                                  $22,040

Date                       Account Title                                   Debit                 Credit

June 30, Year 3     Depreciation                                 $9,800

                              Accumulated Depreciation                                  $9,800

4 0
3 years ago
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Vesnalui [34]

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Explanation:

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The difference between zero profit and zero economic profit is that:
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Answer:

The correct answer is letter "A": economists include opportunity cost in zero economic profit, while accountants do not include opportunity cost in zero profit.

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