Given that the planned sales for June this year are $120,000 and that last year's actual sales for the month of June were $110,000, there is a 9.09% increase in sales for the month.
The actual increase in sales is $10,000 ($120,000 - $110,000) or ($110,000 x 1.0909 - $110,000)
Data and Calculations:
Planned sales for June, this year = $120,000
Actual sales for June,last year = $110,000
Planned percent increase in sales for June = 9.09% ($10,000/$110,000 x 100)
Thus, the planned percentage increase in sales for the month is 9.09%.
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Answer:
both the required reserve ratio and the market interest rate (A)
Explanation:
The Federal Reserves influences the money supply by manipulating required money banks deposit reserve ratio, market interest rate and open market operations. If the Federal reserves wants to increase the supply of money, it will reduce the required reserve ratio by banks. Thus commercial bank would have more money at their disposal to lend to clients.
Also, the Federal Reserves, which is the apex bank and regulator of ALL bank, play the role of ''lenders of last resort'', hence they lend money to commercial banks, when they are constrained financially, by this, banks are able to lend to customers with ease.
Furthermore, the Federal reserves also buys and sells securities, which it uses to either increase the supply of money or reduce the supply of money in the economy, and can use this model to also address economic problem such as inflation.
Answer:
sales promotions
Explanation:
Sales promotions are the steps taken to increase the purchase of the products by adding an incentive to the customers. Buy-one-get-one-free is one of the sales promotions. Here two products are sold in the cost of one. The customer is provided with the benefit of getting two products by giving the amount of one. It is the promotions in which quantity plays a crucial role.
Answer:
Administrative
Explanation:
The theory of management that is being described is known as the Administrative management theory. This theory tries to come up with a rational way of designing an organization so that it works as a whole entity. Doing so allows for the organization to function at the highest efficiency and effectiveness levels, which overall brings lower costs and increased profits for the organization.
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
