Answer:
Some information is missing, estimated sales:
- April = 660
- May = 740
- June = 690
- July = 780
Ruiz Co.
Production Budget
For the Months of April, May and June
April May June
Forecasted sales 660 740 690
<u>Planned ending inventory 296 276 312 </u>
Total production required 956 1,016 1,002
<u>- Beginning inventory -224 -296 -276 </u>
Units to be produced 732 720 726
Answer:
D. obtaining a commitment from the customer.
Explanation:
Closing a sale is the equivalent of making a sale.
To consider a sale done, you need to have a commitment from the customer to buy the product/service you're offering. That usually mean receiving money or at least firming a binding contract.
None of the other options is describing a complete sale. A and C are potential leads/sales... while B if of course the opposite of closing a sale.
Answer:
A line of credit is the money you have on your credit card
Explanation:
Answer:
Use language the audience can understand
Explanation:
Answer:
a. Best deal is 30 end-of-year payments of $5.6 million
b. Best deal is 10 end-of-year payments of $9.5 million
c. Best deal is lump sum today of $62 million
Explanation:
Please see attachment for workings.
d. As the interest rate increases, the duration of value shortens. That is as the interest rate increases, the best choose based on their payment duration reduces