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diamong [38]
3 years ago
14

Kendall’s Home Decorators believes that the demand for its services will expand greatly because a real-estate developer has just

purchased 100 acres in town. The developer is planning to build 1,000 condominium units on the property. The managers of Kendall’s Home Decorators are making a projection for the future, also known as a _____ .
(A) forecast
(B) strategic planning
(C) mission
(D) competitive intelligence
Business
1 answer:
gtnhenbr [62]3 years ago
7 0

Answer: The managers of Kendall’s Home Decorators are making a projection for the future, also known as a <em><u>forecast.</u></em>

<em>Forecasting is know as the technique of predicting future supported on past and present event or data , commonly done by analyzing trends. </em>

<em>Here in this case the managers of Kendall’s Home Decorators are predicting the demand.</em>

<u><em>Therefore the correct option is (a)</em></u>

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5 0
2 years ago
At age 37 you start saving for retirement if your investment plan pays an APR of 6% and you want to have $.09 million when you r
r-ruslan [8.4K]

Answer:

Monthly deposit= $1,036.116

Explanation:

Giving the following information:

Future Value (FV)= $900,000

Number of periods= 28*12= 336 months

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<u>To calculate the monthly deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= {900,000*0.005) / [(1.005^336) - 1]

A= $1,036.116

7 0
2 years ago
Which term best describes an opening at least 30 inches high and 18 inches wide in any wall or partition through which persons m
WITCHER [35]
It's C for sure because according to the question cause theirs an opening in any wall
4 0
3 years ago
Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during the current year. the retain
Andreyy89

Entry to close the income summary account at the end of the year:


At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:


Net income =  Revenue – Expenses  = 201,000-111,700 = $89,300


Hence the entry to close the income summary account at the end of the year shall be as follows;


Income Summary Debit  $89,300

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4 0
3 years ago
A cell phone company charges $1.25 for a long-distance phone call, plus an additional $0.15 per minute. If Kyle wants to spend l
Vesna [10]

Answer:

465 minutes or 8 hours and 15 minutes

Step-by-step explanation:

her monthly bill was 72.25 and she has to pay 2.50 per month

72.25 - 2.50 = 69.75

69.75/ 0.15 = 645 minutes

645 minutes/ 60 minutes= 7.75 = 8 hours 15 minutes

8 0
2 years ago
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