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3 years ago

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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Martin puts his weekly paycheck into his checking account. In which column should he write the value of his paycheck?

deff fn [24]

Answer

a. Deposits

Explanation

A checking account is a bank account where members can withdraw and deposit money with ease of access. It is mostly used for bill payments and for making personal financial transactions .A checking account allows for check deposits and debit card transactions

6 0

3 years ago

Read 2 more answers

5) An advertiser is launching a campaign to educate people on its new products. The products are complex and require more detail

jek_recluse [69]

Answer:

The advertiser should optimize the Clicks metric

Explanation:

Remember, we are told that the products are complex and require more detailed explanation than possible in the ads, so it implies improving the clicks metric (number of clicks per user) allows the advertiser to understand whether the users are interested in the ad or web page so as to adjust strategy accordingly.

3 0

3 years ago

On December 31, Mercury Corporation has the following data available:

galben [10]

Answer:

37.25%

Explanation:

Average total common stockholders' equity:

= (Beginning common stockholders' equity + Ending common stockholders' equity) ÷ 2

= ($530,000 + $490,000) ÷ 2

= $510,000

Return on Equity = Net income ÷ Average total common stockholders' equity

= $190,000 ÷ $510,000

= 0.3725

= 37.25%

3 0

3 years ago

Kingston anticipates total sales for June and July of $370,000 and $318,000, respectively. Cash sales are normally 60% of total

Alex17521 [72]

Answer:

$117,600

Explanation:

Given that the company has Cash sales that are normally 60% of total sales and Of the credit sales, 25% are collected in the same month as the sale, 60% are collected during the first month after the sale, and the remaining 15% are collected in the second month after the sale

In June, total sales $370,000

Amount that would not have been collected from this sale at the end of July

= 40% * 15% * $370,000

= $22,200

In July, total sales is $318,000,

Amount that would not have been collected from this sale at the end of July

= 40% *75% * $318,000

= $95,400

Hence the amount of accounts receivable reported on the company’s budgeted balance sheet as of July 31

= $22,200 + $95,400

= $117,600

8 0

3 years ago

A company had the following purchases during its first year of operations: Purchases January: 26 units at $113 February: 36 unit

monitta

Answer:

$6490

Explanation:

The computation of the ending inventory is shown below:

= (January ending inventory in units × price) + (February ending inventory in units × price) + (May ending inventory in units × price) + (September ending inventory in units × price) + (November ending inventory in units × price)

= (8 units × $113) + (9 units × $124) + (13 units × $136) + (7 units × $144) + (11 units × $154)

= $904 + $1,116 + $1,768 + $1,008 + $1,694

= $6,490

3 0

3 years ago