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maksim [4K]
3 years ago
9

A sales forecast based on an estimate of total market potential for a specific market and projecting the market share a business

can capture in any given area at any given time is using what approach?
Business
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

The correct answer is: Build-up approach .

Explanation:

The Build-up approach estimates the sales potential of the company by calculating how much of a product could be purchased in a given period by a potential buyer in a specific geographic region. The calculation is then multiplied by the number of potential customers, adding the sum of all the considered geographic areas.

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M. K. Gallant is president of Kranbrack Corporation, a company whose stock is traded on a national exchange. In a meeting with i
lys-0071 [83]

Gallant's actions are ethical. This statement can be argued upon because of the below-mentioned reasons.

As the president of a corporation, M.K Gallant will, of course, make any strategic plan available for his company in order to attract investors, customers, and even competitors.

In my opinion, his choices and decisions are ethical enough as to maintain the company's profitability.

Cost-cutting measures, such as deferring and canceling expenditures and orders, delaying maintenance and training, and reducing travel and advertising expenses, are rational if your company's sales are declining and it is expected that it will not meet its revenue targets for the year.

However, this is risky because

  1. advertisements are extremely important in a company's marketing,
  2. delaying orders from suppliers can cause problems within the company and its vendors because these are pre-ordered.
  3. Maintenance and training are important aspects for a company because they can lead to bigger problems in the future.

Finally, cost reclassification is debatable.

Because stocks are traded in this case, we can expect an audit.

The auditors will examine the reclassifications to see if they implement accounting principles (GAAP). M.K Gallant and his controller must have legitimate reasons for reclassifying the company's costs.

Hence, Gallant's actions are ethical if he has valid reasons for doing so.

Learn more about ethics:

brainly.com/question/24606527

#SPJ4

5 0
1 year ago
The distinction between _____ is what defines an MNE from a firm that merely exports or imports.a. small- and large-scale of ent
andre [41]

Answer: Option a

                                                 

Explanation: MNE refers to multinational enterprises, these organization are the one which operates their their business in several countries. Due to their world wide reach to the markets their scale of operations remains very high with a large number of shareholders.

These organisation usually have more than one form of business, they diversify their activities as a protection from different political or environmental factors in the countries in which they operate.

Hence the correct option is A.

3 0
3 years ago
The purchase of raw materials on account in a process costing system is recorded with a:A. Debit to Purchases and credit to Cash
Mashcka [7]

Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".

Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.

6 0
3 years ago
During the year, Hamlet Inc. paid $24,000 to have bond certificates printed and engraved, paid $90,000 in legal fees, paid $15,0
Vitek1552 [10]

Answer:

$359,000

Explanation:

Total Bond issue costs  can be calculated by adding all the cost related to the issue of bond.

Bond Certificate printing cost        =    $24,000

Legal fees paid                                =    $90,000

CPA registration                               =    $15,000

Underwriting Commission                =   $230,000

Total Bond issue costs                      =   $359,000

After adding all the cost we reached at 359,000 and its closest to Option A 360,000

4 0
3 years ago
A machine purchased 1 year ago for $85,000 costs more to operate than anticipated. When purchased, the machine was expected to b
goblinko [34]

Answer:

Value of S=$25000.

Explanation:

Value of P= $75000

Value of n= 5 years

Value of AOC= $36000+ $1500k (k=1 to 5)

Since the salvage value would be after 5 years=

S=($75000- $10000*5) = $75000- $50000= $25000.

Value of S=$25000.

4 0
3 years ago
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