Answer:
Letter B is correct. <u><em>Sales budget.</em></u>
Explanation:
The sales budget is characterized by a company's sales expectations for a given budget period.
Organizations typically present the sales budget in monthly or quarterly format, with relevant information coming from a variety of sources. The calculation is made according to the number of units sold in the first line, the expected average price in the second line and the total sales in the third line. It is important to remember that when there are marketing promotions there may be a unit price adjustment that must be specified in the sales budget.
So a well-crafted sales budget ensures the quality of offering the right price on the right product and quantity at the right time and place. For this is one of the essential steps for control and success of an organization, as it relates to the marketability of purchasing consumer goods and services.
Answer: c. The firm's cash position in 2006 and 2007 would increase.
Explanation:
Depreciation expense is heavily dependent on the useful life of the asset. The longer the useful life, the smaller the depreciation expense because the equipment is being depreciated over a longer period.
If the useful life is reduced from 15 to 10 years therefore, the depreciation expense would increase.
The Cash position of a company is calculated by adding back the depreciation to the Net income after taxes are paid because depreciation is not a cash expense.
If the depreciation is now larger (which it is) and is added back to the Net income, the cash position will therefore increase.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Selling and administrative expenses consist of $400,000 in annual fixed expenses and $2 per unit in variable selling and administrative expenses. The company's product cost of $30 per unit is computed as follows. Direct materials $ 4 per unit Direct labor $ 16 per unit Variable overhead $ 4 per unit Fixed overhead ($600,000 / 100,000 units) $ 6 per unit.
We don't have the information of selling price and units sold.
Income statement:
Sales
Variable costs:
Direct material
Direct labor
Variable manufacturing overhead
Total variable cost (-)
Contribution margin
Fixed costs (-)
Net operating income
A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.
B) acceptable, provided the loan is made under the provisions of Regulation T of the Federal Reserve.
C) unethical.
D) acceptable, provided the securities are used as collateral for the loan.
Answer: Unethical
Explanation: Based on the model and policy of the North America Securities Administrator's Association, the investment adviser cannot lend money to a customer to purchase recommended securities under the guise of being partners, such behavior is deemed UNETHICAL and in violation of the rule binding the practices and investment advisers and investment adviser representatives.
Customers can purchase securities by taking loans from recommended or regulated lender, broker or bank.
C, Dancing. Have a good rest of your day!!
